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What are the benefits which the Country will accrue from GST?

Question 13 - Act - Overview of Goods and Services Tax (GST) - Goods and Services Tax - Question 13 - Q 13. Ans. Introduction of GST would be a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Cen .....

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e overall tax burden on goods, which is currently estimated at 25%-30%. Introduction of GST would also make our products competitive in the domestic and international markets. Studies show that this would instantly spur economic growth. There may als .....

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