Is GST really a One nation, One tax system?
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 6 of 8.
Arji said:
6 years ago
Hai good evening.
According to my opinion, GST would be very beneficial not only for the poor but also for the development of the entire Indian system. It raises India to a high economic nation through which India is at par with developed nations and left behind some developing nations.
It really works like a revenue-generating mechanism. It suppressed a lot many tax evaders who had been hidden before the implementation of GST. Now it is waking the minds of every individual how to prove yourself in helping the nation.
According to my opinion, GST would be very beneficial not only for the poor but also for the development of the entire Indian system. It raises India to a high economic nation through which India is at par with developed nations and left behind some developing nations.
It really works like a revenue-generating mechanism. It suppressed a lot many tax evaders who had been hidden before the implementation of GST. Now it is waking the minds of every individual how to prove yourself in helping the nation.
(12)
Prateek said:
7 years ago
In my point of view, GST is a good is really one nation one tax system because after tax system peoples know about particular tax rate and GST has divide two parts SGST and CGST. State GSthas same all the state, gst has five slabs 0%, 5%, 12%, 18%, 28%.
(12)
Surender pal said:
7 years ago
Yes, gst is one nation one tax. In pre gst era you can see that we had to read service tax, vat, excise duty, cenvat and many more but now its one GST.
Cgst, sgst is only for the distribution between state and center. No difficulty for consumer or businessmen by this.
Cgst, sgst is only for the distribution between state and center. No difficulty for consumer or businessmen by this.
(12)
Anuj vishwakarma said:
5 years ago
GD morning all of you.
Firstly, I would like to say that g s t mean s goods and services taxes it came in 1julay of 2017 if we talk about its merit s it attract s foreign company in. India because it has one tax system it has ended much tax as bat excise duty entertainment tax etc if we talk about demerits it has included many small traders who can not pay tax it has to include many traders who are attached with one Field in it takes a tax from factory and raw material sellers and who buy it and sell it conclusions it has to try to best in the tax system of India in my point of view petroleum products and alcoholic products are included in it.
Firstly, I would like to say that g s t mean s goods and services taxes it came in 1julay of 2017 if we talk about its merit s it attract s foreign company in. India because it has one tax system it has ended much tax as bat excise duty entertainment tax etc if we talk about demerits it has included many small traders who can not pay tax it has to include many traders who are attached with one Field in it takes a tax from factory and raw material sellers and who buy it and sell it conclusions it has to try to best in the tax system of India in my point of view petroleum products and alcoholic products are included in it.
(11)
Ashish said:
7 years ago
Hello everyone, GST was first implemented in France with 4%. According to my view gvt. Has taken a good step for the society but most of ppl are taking advantage of GST showing Prices high, low.
They are 3 kinds of tax SGST, CGST, IGST. Gst is best for an upcoming generation were everyone clear about what it is.
They are 3 kinds of tax SGST, CGST, IGST. Gst is best for an upcoming generation were everyone clear about what it is.
(11)
Minu said:
7 years ago
According to me, yes GST is really a one nation one tax system. GST has subsumed so many taxes and became similar tax structure for different states to put all states in one basket. It has made easier for traders to do business easily. GST also help in increase the tax collection.
(11)
Shridhar said:
7 years ago
Hello everyone,
GST really one nation, one tax system of the everyone easy to pay of tax and also main thing that is divided percentage for particular products that have almost helpful everyone.
GST really one nation, one tax system of the everyone easy to pay of tax and also main thing that is divided percentage for particular products that have almost helpful everyone.
(11)
Anuj said:
7 years ago
Hi.
As coin has two opposite sides, gst also has two opposite sides. Many countries are gst nation, gst applied in right way but in India, gst is not implemented in not right way. Gst has five rates :0%, 5%, 12%, 18%, 28%. But India is country of 125crore people, we can't make everyone happy.
As coin has two opposite sides, gst also has two opposite sides. Many countries are gst nation, gst applied in right way but in India, gst is not implemented in not right way. Gst has five rates :0%, 5%, 12%, 18%, 28%. But India is country of 125crore people, we can't make everyone happy.
(10)
Shubh Patel said:
2 years ago
Good evening all of you.
Hi my name is Shubh.
With your permission, I will start a group discussion on GST.
According to my opinion, GST means Good answer service taxes. GST is a collective tax of products instead of various taxes like excise duty, state tax and central tax. GST is taken from the customer who purchases a good and uses services. I am in favour of a GST. GST is Create transfer in the market. Also chance of reducing the theft of tax by various persons. Also, favour for various companies for the establishment of their unit in any part of the country. In earlier, companies are not easily establish their unit because of the various taxes. Also, new ones create more earnings for the government. And favour for the development of the country.
Hi my name is Shubh.
With your permission, I will start a group discussion on GST.
According to my opinion, GST means Good answer service taxes. GST is a collective tax of products instead of various taxes like excise duty, state tax and central tax. GST is taken from the customer who purchases a good and uses services. I am in favour of a GST. GST is Create transfer in the market. Also chance of reducing the theft of tax by various persons. Also, favour for various companies for the establishment of their unit in any part of the country. In earlier, companies are not easily establish their unit because of the various taxes. Also, new ones create more earnings for the government. And favour for the development of the country.
(10)
Raja jha said:
7 years ago
Any change that is brought about which affects the citizens of a country has its own set of pros and cons. This becomes even more apparent when it is a financial decision and affects the lives of more than a billion people. The same is the case of GST. As GST was launched on July 1, 2017 it has been one and a half year gone of GST introduction. It was introduced with tagline and terminology 'one nation, one tax' by the NDA government.
(8)
Post your thoughts here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers