conversation between friends on gst
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Raj: Hey Ravi! Do you know about the recent developments in the taxation policy in India?Ravi : Yes, I heard about it. Are you talking about GST??
Raj: Yes I am talking about the Goods and Service Tax.Ravi : Tell me Raj, Is this sort of taxation levied in any other country?
Raj : Im not sure but I think this is the norm in the USA.Ravi : I see, Since when has this started?
Raj: It started from the first of July 2017 and has been quite the talk of the town.Ravi: But how does this help our peole?
Raj: It reduces the cost or essential products to the final consumer because of low tax rates.Ravi : Wow that’s nice. Hope this changes a few things around for us too.Raj: Hope it does buddy!!
Raj: Yes I am talking about the Goods and Service Tax.Ravi : Tell me Raj, Is this sort of taxation levied in any other country?
Raj : Im not sure but I think this is the norm in the USA.Ravi : I see, Since when has this started?
Raj: It started from the first of July 2017 and has been quite the talk of the town.Ravi: But how does this help our peole?
Raj: It reduces the cost or essential products to the final consumer because of low tax rates.Ravi : Wow that’s nice. Hope this changes a few things around for us too.Raj: Hope it does buddy!!
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Hari: Hey Ram, have you heard of GST that was introduced recently?
Ram: Yes, Hari. In fact, I am reading all information that I get about it.
Hari: It seems to have made the life of the common man quite difficult.
Ram: I agree. The GST has made expenses of most commodities rise really high. It will be quite difficult for the lower sect of people to live with their income.
Hari: That is really sad. It also means cutting down on some lifestyle habits like dining out. The GST charges make the restaurant bill a really huge sum.
Ram: Well, we can only hope that it does good to the public than affecting people negatively .
Ram: Yes, Hari. In fact, I am reading all information that I get about it.
Hari: It seems to have made the life of the common man quite difficult.
Ram: I agree. The GST has made expenses of most commodities rise really high. It will be quite difficult for the lower sect of people to live with their income.
Hari: That is really sad. It also means cutting down on some lifestyle habits like dining out. The GST charges make the restaurant bill a really huge sum.
Ram: Well, we can only hope that it does good to the public than affecting people negatively .
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