explain disadvantages of gst.....
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- Disadvantages of GST Increased costs due to software purchase. Being GST-compliant. GST will mean an increase in operational costs. GST came into effect in the middle of the financial year. GST is an online taxation system.
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Answer:
Disadvantages of GST
- Increased costs due to software purchase.
- Being GST-compliant.
- GST will mean an increase in operational costs.
- GST came into effect in the middle of the financial year.
- GST is an online taxation system.
- SMEs will have a higher tax burden.
Explanation:
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