GST: Goods & Services Tax is to make country run under one tax.
Who is Liable to pay GST:
Empower to Citizens:
GST Compulsory Scenario:
One Tax - Multiple Benefits:
Gross Benefits:
Conclusion:
Objective of GST
Who is Liable to pay GST:
Empower to Citizens:
GST Compulsory Scenario:
One Tax - Multiple Benefits:
Gross Benefits:
So, the idea behind having one consolidated indirect tax:
- There will now single tax on goods & services.
- Level up country's business
- Attract foreign nations and investors who have a more structured tax system
- Benefit end users across the country under one tax plan
- It will also improve the collection of taxes and economy of country.
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