Political Science, asked by Anonymous, 1 year ago

What is the GST? Explain in about it in 150+ words.

Answers

Answered by WEASLEYGINNY
6
GST OR GOODS SERVICE TAX IS NEW TAX WHICH IS ALLL OVER THE PAPERS AND WILL BE APPLIED FROM FORTHCOMING MONTH.IT IS INDIA'S BIGGEST TAX REFORM.THE BILL WILL SIMPLIFY ALL TAXES AND UNIFY COUNTRY BY REPLACING INDIRECT TAXES WITH A DIRECT ONE.ALL TAXES LIKA VAT,LUXURY TAX ET.WILL BE TAKEN OVER BY IT.IDEA ABOUT IT WAS TALKED IN 2009,INTRODUCED INTO LOK SABHA IN 2014 AND ACCEPTED IN 2016.IT'S MOTIVE IS TO REDUCE CORRUPTION AND HAS MOTIVE OF ONE-COUNTRY-ONE TAX.
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