What is the benefit of GST?

[mcx tips]

Hello Everyone..i want to know what is the Benefit of GST?

GST will be levied on both goods and services and will subsume and replace the current indirect taxes such as excise, VAT, and service tax.

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[techlysolutions]

Yes, One nation One Tex. So we need GST.

 

[jerrysmith]

hi guys,
The Goods & Service Tax or GST is one of the biggest fiscal reforms in India since Independence. All businesses, small or large, will be impacted by this new indirect tax regime.
GST will be levied on both goods and services and will subsume and replace the current indirect taxes such as excise, VAT, and service tax.

 

[Emilie]

Hi Guys,
The Goods & Service Tax or GST is one of the biggest fiscal reforms in India since Independence. All businesses, small or large, will be impacted by this new indirect tax regime.
GST will be levied on both goods and services and will subsume and replace the current indirect taxes such as excise, VAT, and service tax.......

 

[angeljoe]

GST is a transparent tax and also reduce number of indirect taxes.