gst regarding
This query is : Resolved
chandrasekhart
(Querist)
22 September 2016
dear experts
I would like to know that what is the need for introduction of GST in India. And also I want know that how the consumer will benefit from the GST. Please explain in a detailed manner
best regards
ChandrSekhar pujari
Amol S Joglekar
(Expert)
22 September 2016
simplification of taxes was the basic theme of introducing GST. It will be a good exercise to watch if the same will be achieved.
Originally, it was a UNIFIED GST.....which did not get assent from the States.... Now, therefore, there is dual taxation of GST....
CGST i.e. Central GST
SGST i.e. State GST
Originally, it was a UNIFIED GST.....which did not get assent from the States.... Now, therefore, there is dual taxation of GST....
CGST i.e. Central GST
SGST i.e. State GST
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Accounting treatment of AMC alongwith the purchase of Laptop
- Capital Gail Exemption Certificate
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
