Question

GST has been replaced multiple indirect tax . explain. ​

Answer 1

• Explanation:
• Explanation:Direct tax is collected by Central Government. Whereas Indirect Tax used to be collected by the Central and State government & local bodies. For Instance, Entry Tax and VAT were charged by State Government but along with this Central Government. Other taxes like Property Tax, Water Tax, Toll Tax etc. were levied by the Local Bodies.
• Explanation:Direct tax is collected by Central Government. Whereas Indirect Tax used to be collected by the Central and State government & local bodies. For Instance, Entry Tax and VAT were charged by State Government but along with this Central Government. Other taxes like Property Tax, Water Tax, Toll Tax etc. were levied by the Local Bodies.For better enforcement, tax payment and ease of compliance government subsumed a large number of Indirect Taxes in GST. But Many of us think that with the commencement of GST in the nation, all the previous taxes have been replaced. On the other hand, there are still some taxes that are still charged

Answer 2

Answer:

The GST , which replaced several indirect taxes,is a comprehensive, destination-based and multi- stage tax that is levied on every value addition In simple terms the GST is an indirect tax that is levied on the supply of all goods and services. It is one tax that is applicable all over India.

Explanation:

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