Is GST really a One nation, One tax system?

Group Discussion
Points to remember before you participate in this discussion:
  • Assume you are one of the members of a real group discussion.
  • Take the initiative to participate and contribute your thoughts.
  • Contribute your positive thoughts towards providing the solution.
  • Post your thoughts here.
Discussion:
71 comments Page 1 of 8.

Pankaj Singh 233 said:   2 years ago
I agree with that - but I see many Negative points of GST.

When I doing Under Grad. In 2008 The Sevice & Sales Tax was Near 8 to 10 % and most highly needed items were also tax-free that time when time went in 2015 the tax rate touched 12 to 15 % and that also highly needed items also tax-free.

But when our PM Modhi Ji Introduce GST - I am Very Happy Like You,

But later I Realized That he doing wrong to us. I Have Some Res. Behind This,

1) They Incre. Rate OF Tax for our diversion they define many tax rates like 0, 5, 12, 18, and 28 % - but earlier the tax rate was only 12 to 15 %, and all most items are there in but now max. Item in 18%, and car, Bike & Luxury items charge 28 %. That was very high.

2) The Main Res. Behind This Central Government want a High Tax Because - 1st when GST Not Apply SG have to collect tax according to his rule they give some money to CG, But after the GST CG give half amt of tax to SG.

3) CG & SG Never Change the Working Style to Clean the City - if you Saw That CG Introduce Smart City Work Project - they give Tender to Other companies - they increase employment but when go in any city where actualy Smart City Work started you See the Reality - they just spent out Tax on the name of some Project. - I Have A Example of that - IF You hear The Name UDAIPUR City (Lake City) in Rajasthan tile today date 11. Oct 2022 they Spent more than 1000 Cr. Rs in name of smart City. (i may be wrong in the Amount Term) ask any local people that you are happy with the work - you Got the answer. From them. And work starts at 5 years ago still not Complete and also saw the Material Quality and our State government create Another Plan as that charged From us 200 t0 800 Rs Every2 months from us - you can say that SG Plan Charge us another Tax.

4) GST also Increase Many Accounting Work related exp. Like every month or Quater wise return file,

GST Mismatch Error, GST LATE Fee, GST Late Payment Interest,

5 If every Person Pays GST on a Maximum ITEM Then why Charge Income Tax From Indiuval and Company? - Because Many Company PAY Gst But Accutal GST is Bear by the Last user of the product - who consumes the product or services,

6 Who Pay Income Tax In the Individual Category - Mostly Salary People because they have No Option in the way of Deduction, But a Business person has many Options to reduce his taxes.

7 due to GST Corruption Reduce I agree that but Gov. Still increases Salary OF Gover. Employee only those who increase the salary of Non-Gov. Employee. And after GST also allow 5 day per Week in Gov. Department work they increase just Creat lazier the Gov. Emp. - all people know how Gov Department work still there have many of corruption Because GST Is one way to collect the tax from the user but Most of the department work only From Bright (Reswat) - who Clear this type of Corruption.

8 I Like Modi's Style but am not Happy With GST.
(23)

Abhijeet said:   6 years ago
Hello, everyone.

First of all, I would like to thank you for giving me a great opportunity to speak in front of you.

GST implemented by the government of India with Tagline of one Nation one tax.

Some of the merits of this system are:

One Nation one tax -Before the implementation of GST, a number of taxes were implemented by the states on a single good like excise duty, VAT, entertainment tax etc. Since the states are imposing the tax accordingly, the prices of similar good in different regions of the country becomes different. GST has successfully eradicated all these taxes.

Clear idea about taxation system- Before GST people were unaware of the percentage of taxes to be paid on a good but after implementation of GST 5 slots were made, 0% 5% 12% 18% and 28% and the goods are distributed in the class accordingly now peoples know how much they are paying on it.

Development of country -since the amount to be paid on a single item is the same all over the country it will automatically lead to the growth of GDP.

Tax collection increased - before the implementation of GST there are a lot of shopkeepers who are not registered and practising. But after GST it became mandatory for all to get their name registered. So the number of taxpayers increased and automatically tax collection increased.

Some of the demerits of this system are.

Petroleum And alcoholic products after not kept in any slot of GST. Since their daily usable products, they should be assigned their slot, but it is not.

Since no special training with given by the government to the shopkeeper about the registration with GST, shopkeeper suffered a lot.

Since the prices of some of the goods increased within no time, customers suffered a lot.
(193)

Vinayak Kumar said:   4 years ago
Hello, everyone.

First of all, I would like to thank you for giving me a great opportunity to speak in front of you.

GST implemented by the government of India with Tagline of one Nation one tax.

Some of the merits of this system are:

One Nation one tax -Before the implementation of GST, a number of taxes were implemented by the states on a single good like excise duty, VAT, entertainment tax etc. Since the states are imposing the tax accordingly, the prices of similar good in different regions of the country becomes different. GST has successfully eradicated all these taxes.

Clear idea about taxation system- Before GST people were unaware of the percentage of taxes to be paid on a good but after implementation of GST 5 slots were made, 0% 5% 12% 18% and 28% and the goods are distributed in the class accordingly now peoples know how much they are paying on it.

Development of country -since the amount to be paid on a single item is the same all over the country it will automatically lead to the growth of GDP.

Tax collection increased - before the implementation of GST there are a lot of shopkeepers who are not registered and practising. But after GST it became mandatory for all to get their name registered. So the number of taxpayers increased and automatically tax collection increased.

Some of the demerits of this system are.

Petroleum And alcoholic products after not kept in any slot of GST. Since their daily usable products, they should be assigned their slot, but it is not.

Since no special training with given by the government to the shopkeeper about the registration with GST, shopkeeper suffered a lot.

Since, the prices of some of the goods increased within no time, customers suffered a lot.
(44)

Neetu said:   2 years ago
Good morning to all of you.

Today our gd topic is GST. So I express my views on it.

GST means one nation one tax. GST is an indirect tax which has replaced many indirect tax in India. Gst is mainly technologically driven the minimum tax rate under gst is 0%and highest tax rate is 28%. Goods and services are taxed at the following rates 0% 5% 12% 18% 28%.

GST is texted on all transactions such as sale transfer purchase.

GST is based on input tex method the journey of gst began from the year 2000 when a committee was setup to draft the law it took seventeen years from then in 2017 the gst bill was passed in the parliament. On first July the gst law came into force.

Benifit of GST.

GST is right step to move forward with the Make in India vision.

GST gets rid of multiple taxation system in the country.

GST registered business will be able to claim tax credit to the value of GST.

The tax structure is much simpler and easier to understand.

Reducing production costs will make exports more competitive.

GST eliminates complexities in the present taxation structure.

Key points if change in GST.

Small treders and exports were hurt most by the application of gst. It was crucial to Prime minister Narendra Modi's plans to create million of more jobs. Accordingly the decision were taken with a view to raise revenue.

That's all about my perspective.

Thanks.
(14)

RAVI PRAKASH said:   4 years ago
Hii friends,

The topic given to us for discussion is "Is GST really a one nation ;one tax system ?".

Surely, GST (goods and services tax) is really one nation one tax system. Before the implementation of GST there was a lot of indirect taxes like service tax, excise tax, vat etc but now only one tax in direct way i.e. GST & their tagline is used one nation one tax.

In GST each and every goods and services are distributed in the class accordingly now people can know how much they are paying on it. Five slots are made 0%, 5%, 12%, 18% & 28%. The Basic and very needy things in 0% slots and this is great helpful for the general people. 5% is on branded packets of foods etc, 12% on sports, milk etc, 18% on computer, mobile etc, 28% on luxury hotel, entertainment things etc.

After implementation of GST the number of tax payers people have increased and the difficulty in tax collection has easily solved and of course, this is directly in favour of both government as well as people.

Due to flexible and perfectness, most of the developed country are applying so, absolutely this will be in favourable of growth of economy of India.

Now foreign industry will be attracted to establish their company in India without hesitation because they are familior this type of tax system.
(15)

Abhijit Baburao Bhosale said:   1 month ago
Points in Favor (Yes, GST is One Nation, One Tax System)
Uniform Tax Structure – GST replaced multiple taxes with a single system across India.
Ease of Doing Business – Businesses don’t have to deal with different state taxes.
Eliminates Cascading Effect – No tax on tax, reducing the overall burden.
Boosts Interstate Trade – Goods move freely without multiple state taxes.
Common Rates for Goods & Services – The same product is taxed similarly across states.
Transparency – Everything is online, reducing corruption and tax evasion.
Points Against (No, GST is Not Truly One Nation, One Tax).
Multiple Tax Slabs – GST has 0%, 5%, 12%, 18%, and 28% slabs instead of a single rate.
Petrol, Alcohol, and Real Estate Excluded – These remain under state taxation.
State-Specific GST Variations – Some states give different benefits or exemptions.
Compliance Burden – Small businesses struggle with frequent GST filings.
High Tax Rates on Essential Items – Some necessary goods are taxed higher than expected.
Technical Issues – GST portal glitches cause problems for taxpayers.

Conclusion:
GST has simplified taxation but is not fully a "One Nation, One Tax" system due to multiple slabs and exclusions. Further reforms can make it more unified and business-friendly.

Pavan Kumar said:   7 years ago
Hello friend's,

Yes, it is absolutely true that GST really a one nation, one tax system. But the definition of GST in our country is totally different than other countries, because GST the world over, it is simple tax with a single rate applicable across the board, in a few countries. It has dual rate. If in India, you can't have a single rate. But you can have dual rate. But how, you can have eight rate.

So I think, when I look at India with GST. So as per my mind, I feel it is mockery of GST. Yes, there is no doubt that GST is a very beautiful thing but the implementation of GST was not good and thereby during the implementation of flawed GST many samall and medium sector have gone in deficit. And meanwhile the crisis of employment has increased.

Let me tell you very recent example of flawed GST,

In tripura there is a one old bus stand before the implementation of GST there was 5, 000 samall and medium sector that was the source of employment for the people's. But during the GST almost 4600 small and medium sector has been shutdown. And thereby the employment of the people's destroyed.

This is only one example, which I told you. Besides that, there can be also many another example.

That's my own outlook regarding to the GST.
(65)

Manisha said:   4 years ago
Hi everybody,

I am here to give my opinion on a given topic that is "Is GST really one nation, one tax system". In our country, the GST tax system is introduced by Modi in July 2017. It is one of the best initiatives taken by the government. Before this, we have to pay many taxes like service tax, excise tax, central tax, etc, and hidden charges by the government. But due to this Goods and Service Tax (GST), we are paying only one tax throughout the country so it's very feasible for us. Many foreign countries use this type of tax system hence after the introduction of GST in our country many foreign companies investing in our country as they are familiar with this tax system.

There are 5types of tax categories in GST i.e 0%, 5%, 12%, 18%, 28%. In 0% all basic things are there which are taxless. In 5% packaged food is included. In 12% oil is included, in 18% electronics are included, in 28% luxurious things are included.

By this system, one can know how much we are spending on taxes. This system is beneficial for the government as well as for peoples. Hence, GST is really one nation, one tax system as it is the same all over the country. We don't have to pay taxes according to the state.

Thanks a lot!
(80)

Shubham said:   4 years ago
Hi. Friends,

First of all, thanks for giving me this opportunity. Today we discuss the GST really one nation, one tax system.

GST means goods and service tax which is implemented by the government. GST first introduced in Europe in France. But in India, it introduced on 1st July 2017.

Gst is implemented by the government before GST there were lots of taxes giving by the government like service tax, entertainment tax, exercise tax, central tax etc. But after 1st July 2017, there is only one tax implemented by the government which is GST before GST we don't know how much we pay the taxes of the product we bought. But after GST we all know how much we paid the tax on the product which we bought. Because in GST there is only 5 types of tax implemented by the government which is0% 5%, 12%, 18%, 28%. In 5%, packed food items, in 12% oil, coconut oil etc, in 18% Mobile phones, electricity bill etc and in 28% include a washing machine, refrigerator etc.

Gst is not included in petroleum and alcohol but this is not the good government should do tax on this product because under this GST no one takes higher charge.
(14)

Shaik Ismail said:   5 years ago
Hi every one!

I can say that GST is one nation tax. Why because before the GST system we have more indirect taxes like excuse duty, entertainment tax and many. So the central government merge all those taxes and implemented only one tax that is GST. Not only in India most of the developed countries like the USA also implements one. Nation one tax. GST is a tax that reduces the risk factor of the taxpayers.

As we have seen state government provides tax percentage as they like either it is fair enough or not we know. It will create discrimination among taxpayers. To eradicate all these problems Government of India decided to implement the same tax system entire India. So they decide to implement GST [Goods and services tax].

And these tax rates are not fixed. They may be changed according to the present economic position of the country like mostly recently govt of India reduces tax rates due to coronavirus.

So, friends, it is for development of the nation. So we can say that GST is one tax for one nation.
(23)


Post your thoughts here:

Your comments will be displayed after verification.