Menu
cascading effect
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.
Recent Topics :
- Gst refund
- Compliance under Society Act 1860
- Hi experts need help
- How to object stamp duty value if property is sold
- Residential House property and it's loan can shown
- Income Tax Department Website Error While Importin
- Loan & Joining bonus to new employees Chief Ma
- Income Tax NUDGE Notice – Gift of Shares fro
- Is DIR-3KYC Needed
- Looking for a study buddy intermediately Jan 2027
Related Topics :
CAclubindia
