Is GST really a One nation, One tax system?

Yes, in my point of view, GST is a good step taken by our government. As GST stand for goods and service tax. It helps in raising economey of India. After GST all have to pay same tex in every state. Before GST there was not a compulsary tax on goods people have to pay much tax. It improve our economey. So we can say GST is really one nation, one tax system.

GST replaces taxes like service tax, entertainment tax, VAT, and some other taxes with a single tax.

It helps to collect taxes even from the small firm or industry owner which somehow increases government collection.

Also, across the different region of the country tax amount paid on a particular product is the same. So, our economy is going to get much improved and our GDP will rise in future.

One of the disadvantages which I come to know that it does not impose on alcohol, diesel and petroleum-like products which are the major sources of taxes.

GST has been divided into two parts CGST and SGST. So GST is beneficial for business people but as well as for middle and lower class people it is biggest disadvantage because they didn't have money to pay tax.

On the other hand, After Coming GST ni think 60% of people didn't understand GST what exactly it is and how it works.

Another disadvantage is that there is amendment in GST so government Also didn't work properly in it. People get confused about GST.

Hi everyone.

In my opinion, Yes GST is really one nation, One tax system.

GST means goods and service tax which is induced by the central government after eradicating of the old regime. Before the GST, the tax system of our country become so wider. There is different tax policy for different goods and service and these tax also varies with the state due to which same product have different rate in a different state. But after the commencement of GST, All tax has been marge in the form of GST with the special categories viz.

In GST different product has considered as the different rate of percentage tax policy. This tax policy implemented by the central government of India so each state has to virtuous it. So this tax policy reduces the differentiation of product price of a different state.

So, like that, it is called one nation one tax.

Thanks!

When you think about just Gst is a publicity of government you are not wrong or may be right but when you have seen your credit bill in which a lot of slab of taxs involve and what will be say about the CGST, SGST, IGST what is dram. And why Petrol and Diesel are not included in GST slab, this is not come in our one nation. If these items are buying this nation so included in Gst slab. Otherwise, stop these slogans one tax one nation and say one nation, according to running government our tax.

Hello, everyone.

In my point of view, Every coin has to face same here GST has Central GST AND State GST.

As GST stands for goods and service tax.

After 2014 GST is one of them. Major step took by the government. It helps in raising the Economy of the country as mostly everything comes under GST. Before GST in some states people have to pay to much tax but after GST is applied everyone have to pay an equal amount of money which results in a good amount of money is collected by the government As we know that in GST products are divided into 5 phases 0%, 5%, 12%, 18%, 28 according to the category of the products.

Hello, Everyone.

Goods or services tax is a great initiative by the central government since it helps to mitigate the problem of unequal tax-paying across various parts of the country which has greatly reduced malpractices in the corporate world as well. GST has also helped to make the process of tax return filing easier since it ensures that all the taxes are paid at a time which is in July. Another advantage of GST is that it attracts more and more multinational companies to invest in India since these companies prefer these types of tax models.

Yes, I agree with the topic GST is really one nation, one tax system. However, GST is not applicable on Petroleum products and alcohol right now. But it is necessary to bring these products under GST to reduce the high prices of petrol.

Gst is goods and service tax implemented by the government of India in 2017 by eliminating all type of taxes such as service tax, excise duty etc and merge them into a single tax. However it is said to be one nation one tax but this line doesn't suit the system, as get is not implemented over petroleum and alcoholic product so indirectly a large no of taxes enjoyed by the government.

All we can say that it has merit as well as a demerit. Merit like we get the stuff in the same price all over India and demerit as I have mentioned above.

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.