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