Accountancy, asked by swetha212004, 6 months ago

enumerate any three features of GST

Answers

Answered by mukeshsharma05315

1

Answer:

Subsuming of 17 taxes at Central/States level.

Consumption Based Tax.

One Tax rate across the country.

Taxable event – “Supply of Goods or Services”

No differentiation in Goods or Services.

Comprehensive tax on Goods & Services.

No tax on tax.

Free flow of credit.

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