LITTLE KNOWN FACTS ABOUT INDIA.

GST has taken off the cascading outcome. Tax is calculated only on the value-addition at Every phase with the transfer of possession. realize just what the cascading impact is and how GST will help by watching this simple video: Poet Rabindranath Tagore explained it as 'a teardrop about the cheek of eternity'; Rudyard Kipling as 'the embodiment of

five. a number of Tax Slabs: The GST system released various tax rates for numerous merchandise and companies. This multi-tiered structure resulted in confusion about the correct tax price applicable to specific products and solutions or products and services. VAT in GST usually means the tax is imposed only on the value added at Every single phas