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What is the justification of GST?

Question 1 - Draft-Bills-Reports - Frequently Asked Questions (FAQ) GST - Goods and Services Tax - Question 1 - FAQ Q 1: Ans: There was a burden of "tax on tax" in the pre-existing Central excise duty of the Government of India and sales ta .....

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of production, and has been an improvement over the pre-existing Central excise duty. Similarly, the introduction of VAT in the States has removed the cascading effect by giving set-off for tax paid on inputs as well as tax paid on previous purchase .....

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tributive 30 trade below the stage of production. It has also not included several Central taxes, such as Additional Excise Duties, Additional Customs Duty, Surcharges etc. in the overall framework of CENVAT, and thus kept the benefits of comprehensi .....

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tain value addition in the distributive trade. Similarly, in the present State-level VAT scheme, CENVAT load on the goods has not yet been removed and the cascading effect of that part of tax burden has remained unrelieved. Moreover, there are severa .....

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ct of service tax. In addition, although the burden of Central Sales Tax (CST) on inter-State movement of goods has been lessened with reduction of CST rate from 4% to 2%, this burden has also not been fully phased out. With the introduction of GST a .....

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