<h1>GST Simplifies Tax System in India, Replaces Multiple Taxes with Single Unified Market, Enhances Transparency and Business Ease.</h1> Goods and Services Tax (GST) aims to enhance transparency, accountability, and ease of business in India by rationalizing tax rates and creating a unified market. It replaces multiple central and state taxes with a single tax system, simplifying inter-State transactions. GST subsumes various taxes, such as Central Excise duty, Service Tax, State VAT, and others, promoting productivity and reducing the cascading effect of taxation. Automation of business processes like registration and tax payments is also a key feature. The GST framework is designed to facilitate business growth and development across the nation.