what tax will be abolished by the gst
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Answer:
Under the current taxation structure, a total of 17 state and central taxes such as the Value Added Tax (VAT), service tax, excise duty, and sales tax would be abolished and GST would take its place. Trucks carrying consumables and other products wait in long queues to pay taxes before entering one state.
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Explanation:
Under the current taxation structure, a total of 17 state and central taxes such as the Value Added Tax (VAT), service tax, excise duty, and sales tax would be abolished and GST would take its place. Trucks carrying consumables and other products wait in long queues to pay taxes before entering one state.
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