Customer can expect transparency as regards taxes levied. By way of illustration, today, a customer buying an IT hardware or CONSUMER durable at a retail store is oblivious to the customs / excise DUTIES built into the price. Further, given that GST seeks to eliminate cascading effect of taxes, in the medium to long run, GST should ESSENTIALLY result in price reduction with businesses opting to pass on tax efficiency to customers in the form of price reduction, subject of COURSE to a reasonable GST rate being imposed on goods and SERVICES.

Customer can expect transparency as regards taxes levied. By way of illustration, today, a customer buying an IT hardware or consumer durable at a retail store is oblivious to the customs / excise duties built into the price. Further, given that GST seeks to eliminate cascading effect of taxes, in the medium to long run, GST should essentially result in price reduction with businesses opting to pass on tax efficiency to customers in the form of price reduction, subject of course to a reasonable GST rate being imposed on goods and services.