Social Sciences, asked by suman38, 1 year ago

advantages and disadvantages of gst ? 5 points

Answers

Answered by Saloni
7
advantages :
1) the work will be done systmaticly.
disadvantages :
2) lots of work will be there
3) it is a headache to business man
4)income will be low
5)no weekly holidays

Answered by TishaKalia
4
Advantages - 
1) It reduces number of indirect taxes.
2) It lowers the cost of doing business.
3) The cost of many electronic devices become cheaper.
4) It helps in corruption free taxes administration.
5) The cost of movie tickets and dining in the restaurant become cheaper.

Disadvantages -
1) It would impact negatively on real estate market.
2) Garments and Clothes could become more expensive.
3) Travelling by train or metro may become expensive.
4) Online booking of tickets may become costlier.
5) Health care, School fees and mobile bills may become expensive.

Hope it helps!!!

botchaudayababu: it is very helpful for the students
TishaKalia: Thank you
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