Category Archives: GST

GST – GOODS AND SERVICE TAX

GST & ITS BENEFITS

GST is basically an indirect tax that brings taxes imposed on goods and services, on manufacture, sale and consumption of goods and on supply of services, under a single domain at the national level. In the present system, taxes are levied separately on goods and services. The GST is a consolidated tax based on a uniform rate of tax fixed for both goods and services and it is multiple point taxation system, but final burden falls on end consumer.

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