What is GST ? Gst vs Vat, Structure of GST ( Easy understand of GST)
GST IN INDIA Easy understand of GST without confusion GOOD AND SERVICE TAX GST is a big formation for indirect taxation in India, likes of which the country hasn't seen after Independence. GST will simplify indirect taxation , less complexities, and remove the cascading effect. Financial experts believe that it will have a big positive effect on every kind of businesses. It will be done change the way the economy functions. JUST READ & TRY TO UNDERSTAND GST vs VAT (Difference between GST and VAT with simple meaning) GST is important that we must understand the current VAT (Value Added Tax) before understand GST. Direct taxes such as income tax are born by the person must to pay the tax ; this means that the tax cannot be tra