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Advantages of Goods and Services Tax (GST)

  • Great
  • It is a transparent tax and has reduced several indirect taxes.
  • No hidden taxes. Operating a business will cost less as compared to before implementation of GST.
  • Prices will be lesser so consumption will increase, which will help the company to increase production.
  • GST is helpful in building corruption free tax administration.
  • It is helpful in increasing foreign investments and boosts the overall investment climate
  • GST has brought a common national market for all citizens throughout the nation.
  • Employment opportunities have increases in the country in sectors such as Automobiles, E-commerce, Consultancy, Logistics, Technological fields.

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