World Languages, asked by Anonymous, 2 months ago

=> Whɑt ɑre the objectives or ɑdvɑntɑges of GST ?¿

Answers

Answered by venomgirl8

4

Answer:

The basic objective of GST is to remove cascading effect of the taxes. Cascading effect of taxes mean levy of tax on tax. GST would be levied only towards the net value added portion and not towards the entire portion of value as the tax payer would enjoy input tax credit.

Answered by Anonymous

17

Answer:

GST is an destination based taxed. Its main objective is to consolidates all indirect tax levies into a single tax, except customs (excluding SAD) replacing multiple tax levies, overcoming the limitations of existing indirect tax structure, and creating efficiencies in tax administration.

Explanation:

Hope it helps you bhaiya !

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