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Who does the Goods and Services Tax (GST) in India actually favour?

Open uri20170510 32134 7ezpi6?1494421819 asked

Who does the Goods and Services Tax (GST) in India actually favour?

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1 Answers
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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Dear jaggu, GST is used to implement one tax only. its include many taxes like Excise tax, Service tax, Additional Duty of coustm, Sales Tax, Entertainment tax, etc. around 150 countries are already follow GST System in their country and now india is also going to implement one tax only to the indian people which will provide the facility to the assessee for easy compliance and also its help govt to reduce tax evading. Its will beneficial in long run . So, we should support such taxation system for the bright future of the country and us. Any other query feel free to contact us. Writer CA Chitranjan Agarwal

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