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DISADVANTAGES OF GST There are various benefits of GST in India. However, a tax reform of such magnitude comes with its teething problems. The following are the disadvantages of GST : IT INFRASTRUCTURE Since GST is an IT-driven law, it cannot be sure whether all the states in India are currently equipped with infrastructure and…
ADVANTAGES OF GST IN INDIA The Goods and Services Tax was introduced with the primary objective of boosting India’s economy. Besides simplifying the indirect taxation system, GST has helped in clearing away the hidden costs on commodities/services, thus benefitting the end users. Some major advantages of GST in India are as follows: EASIER CLASSIFICATION The…
FEATURES OF GST In this article you will study about the Features of GST. Make good notes of it. Goods and Service Tax (GST) is a comprehensive tax levy on manufacture, sale and consumption of goods and service at a national level under which no distinction is made between goods and services for levying of tax. It will…
HISTORY OF GST IN INDIA (GOODS AND SERVICE TAX) In this Article you will study about History of GST in India. Study and make proper notes. Goods and Service Tax (GST) is a comprehensive tax levy on manufacture, sale and consumption of goods and service at a national level under which no distinction is made between goods and…
