prepare a short list of the advantages of good and services tax ( GST) .
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1
Answer:
Advantages of GST
GST eliminates the cascading effect of tax. ...
Higher threshold for registration. ...
Composition scheme for small businesses. ...
Simple and easy online procedure. ...
The number of compliances is lesser. ...
Defined treatment for E-commerce operators. ...
Improved efficiency of logistics. ...
Unorganized sector is regulated under GST.
Answered by
6
Answer:
Advantages of GST
- GST eliminates the cascading effect of tax.
- Higher threshold for registration.
- Composition scheme for small businesses.
- Simple and easy online procedure.
- The number of compliances is lesser.
- Defined treatment for E-commerce operators.
- Improved efficiency of logistics.
- Unorganized sector is regulated under GST.
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