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cascading effect

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in gst double taxation effect is removed or not . if removed explain
Replies (3)
yes cascading effect is now removed in gst and that is the main benefit

Lets take example of CST....

The goods purchased from centrally and sold in local, the dealer was unable to take credit of CST, so it became cost and when he sells in local, he charge tax on his cost+profit..

This is not the case in GST now....

Yes double taxation removed now in GST, as one can take Input credit on GST alredy paid.


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