GST Tax System To Benefit Businesses, Government and Consumers

The Government of India’s plan to bring various state and central taxes under one umbrella under GST will turn the country into a unified market that will benefit various stakeholders.    

Goods and Service Tax (GST), which will roll out this July will be a single taxation on goods and services supply from the manufacturer to the consumer. It will be a tax only on value addition at each stage. And in the supply chain, the consumer will bear only the last dealer charge Read More..