Advantages of gst

1.	Advantages of gst
Answer» i. Elimination of multiple taxesii. Elimination of cascading effectiii. It will re-distribute the burden of taxation equitably between manufacturing and services.iv. Speeds up economic union of India.v. Better compliance and revenue buoyancy.vi. Tax incidence for consumers may fall.vii. Lower transaction cost for final consumers.viii. It acquires a very simple and transparent character.ix. Uniformity in tax regime.x. Efficiency in tax administration.

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