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need for gst

169 views 4 replies
can u plz tell me what was the need of gst.
what problem will it solve
Replies (4)
Turn Over above 20lakhs GST registration is applicable if dealing Business / Profession or Supply of goods or Services...

But, Your Query is not cleared...!
I am asking what were the reasons that need was felt for gst
Actually you conduct any business or profession...?
earlier tax regime has multiple taxes,cascading of taxes, restrictions on credit availment
these were the major reasons for a single taxation system


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