GST impact in India - What you think about it?

@Rashnag (30597)
Surat, India
August 6, 2018 6:19am CST
Hi mylotters. In India the new indirect tax is levied and introduced on 1st July, 2017. It has replaced all the other taxes like VAT, Excise Duty, CAD, SAD etc. This is an indirect tax levied on the supply of goods and services, therefore it's called " Goods & Services Tax". I personally feel that this tax added has become an extra burden for consumers as one has to pay much as there are 2 taxes to be paid under it which are CGST and SGST i.e. Central Goods & Services Tax and State Goods & Services Tax. What do you think about it do let me know.
1 person likes this
1 response
@Sojourn (13833)
• India
6 Aug 18
Thanks for the post....but I don't know much about taxes
1 person likes this
@Rashnag (30597)
• Surat, India
6 Aug 18
K dear. Thanks for replying
1 person likes this