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<h1>India's GST Unifies Market, Cuts Costs, Boosts Economy, and Enhances Competitiveness; Excludes Alcohol and Certain Petroleum Products.</h1> The Goods and Services Tax (GST) in India aims to unify the market by replacing multiple central and state taxes with a single tax. It benefits stakeholders by reducing costs, boosting the economy, and enhancing competitiveness. GST is a destination-based tax collected at each transaction stage, allowing tax credits for previous stages, improving cash flow and transparency. It covers most goods and services, excluding alcohol and certain petroleum products. The GST Council harmonizes its implementation, and the system is technology-driven to minimize human interaction. Exporters benefit from zero-rated exports, and small businesses have simplified tax options. The GST Network (GSTN) supports the IT infrastructure for effective implementation.