cascading effect

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10 Points Joined May 2017
How will GST remove the cascading effect of taxes?
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On 19 May 2017 at 12:30 Report
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*****Accountant***** Never insult to a
1448 Points Joined January 2017

In Short To say:-

VAT is computed on Excise. Now in GST there is no question for tax on tax as this is One Nation One tax.

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On 19 May 2017 at 12:51
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10 Points Joined May 2017
thanks santu paul
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On 19 May 2017 at 19:43
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Finance Analysist
607 Points Joined May 2015
cascading effects of taxes means tax on tax. in current system of indirect taxation vat is calculated on excise part also, in GST regime it will eliminate.
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On 19 May 2017 at 20:35


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