Publicado en: Legal/Gestoría en Maharashtra | Última actualización: |
Tax on goods and services was implemented to put an end to numerous taxes such as CST, VAT, service tax , sales tax, central sales tax imposed on various products, beginning from the source of production before it hits the end customer, making it very difficult to transfer goods and do business.
Goods and services are regulated individually at present and even at certain tiers, but goods and services will be handled similarly after the GST and various level taxes will decline dramatically, leading gradually to less corruption
GST would reduce the difficulty of taxes and support companies. Owing to complications in the taxation, much of the company does not want to make products in India, they ultimately tend to find some loopholes and this also leads to more corruption