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WHAT IS GOODS AND SERVICES TAX (GST)
GST is a comprehensive indirect tax, levied on Goods and services, aimed at replacing all other taxes levied by State & Central Government.
Features of gst
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Biggest tax reform for India
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Harmonized tax structure
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Dual tax structure
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Levied on both Goods and Services
dual tax structure
The dual GST model or the dual GST structure means levying tax with two different taxation components.
BENEFITS OF GST
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Simplified processes
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Reduced tax Burden
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Single Market
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Integrated approach
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Easy Compliance
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Efficient tax Structure
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