https://www.taxtmi.com/forum/issue?id=108821 Goods and Services Tax consolidates multiple indirect levies into a single, transparent tax shown on sales invoices, removing hidden taxes for registered retailers and lowering the cost of business. By broadening the tax base and applying Central GST and State GST at point of sale, GST aims to equalise tax burden between manufacturing and services, reduce consumer prices, boost export competitiveness, and simplify compliance by subsuming taxes such as octroi and sales taxes. en-us Mon, 29 Jun 2015 11:11:31 +0530 Thu, 23 Jan 2025 15:56:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108821 Goods and Services Tax consolidates multiple indirect levies into a single, transparent tax shown on sales invoices, removing hidden taxes for registered retailers and lowering the cost of business. By broadening the tax base and applying Central GST and State GST at point of sale, GST aims to equalise tax burden between manufacturing and services, reduce consumer prices, boost export competitiveness, and simplify compliance by subsuming taxes such as octroi and sales taxes. Discussion-Forum GST Mon, 29 Jun 2015 11:11:31 +0530 https://www.taxtmi.com/forum/issue?id=108821