What are the merits and demrits of GST ??

  1. profile image61
    Sourish11posted 8 months ago

    What are the merits and demrits of GST ??

  2. tamarawilhite profile image92
    tamarawilhiteposted 7 months ago

    For India's government, it is a more steady form of income for services, brings many new people into the taxation system and standardizes taxes so no one area in India has an advantage while reducing business compliance costs.
    The biggest problems with how the GST are implemented are the requirement for millions of business owners who don't own computers, may not have electricity and may not even read to fill out forms online monthly. The lack of support for business owners not sure what rate they have to pay is another problem. However, this isn't as bad as the demonetization scheme that caused India's cash economy for its poorest billion to freeze up.

 
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