Is GST really a One nation, One tax system?

Hello, everyone.

Thanks for giving an opportunity to share my knowledge about GST.

GST (Goods and Services Tax) is an indirect tax system it introduces in 2017.

Gst is a one nation one tax system is a good move taken by our country to remove cascading effect in nation why because before GST we are paying more taxes in every stage of supply of goods but now it removes because of Gst. Nowadays so many people aware of tax system compared to previous tax system because it subsumed in one and GST is benefited for our country because all can aware of it nowadays because of strong implementation of GST in the nation.

In my opinion, is that GST is good for India there are corrupt people who don't pay tax and hide money their house and foreign and but middle-class families who are not bearing this problem for them and I hope do something for them.

Yes, I do believe that the implication of GST has had a major impact on the working of Government. GST has not just reduced the Cost price of the materials but also has bought down the Extraneous taxes common man had to pay. Its also helped the people below the poverty line with lots of benefits in their resources. GST also had a major effect over Extraction of Hidden Black Money as all the Corrupt Non-Taxpayers had to confront the Government with all their Illegal properties.

If an initiative by our Government is helping Common man in the Bringing our Nation together, then for sure.

"GST is really One Nation, One Tax System".

GST, it is a very good intiative taken by the government. It is applied to simplify the taxation process by replacing many taxes such as service, central excise tax, etc. Calling gst as 'one nation one tax' may not be right yet because there are multiple tax rates. According to world bank, India's gst is the most complex gst in the world.

Yes, Because with the implementation of GST all the other indirect taxes have been removed. GST is a combination of all the indirect taxes. Due to GST, tax cannot be charged at all the stages through which a product or service passes from manufacturer to the customer. Tax is charged only once. The main reason of implementing GST was to make nation tax compliant by charging only one tax instead of multiple. Though the direct taxes have to be paid but it has become easier to pay taxes now after implementation of GST though initially it was difficult for people to understand it.

Yes! GST is really a one nation, one tax system. In my opinion one of the best initiatives taken by government which is in favor of people whose belong below poor line. As you can se if you buy a 5oo rupee shoes there is no just for <Rs 500. But for more than 500 you have to pay GST.

According to me GST, that is goods and service tax is one nation tax because if we talk about old regime whether there are many taxes like on the manufacturer excise duty was levied on the interstate sale CST (central excise duty) was levied. But now in the current regime, many taxes are Subsumed and one tax is implemented which is a destination-based tax levied on the supply of goods and services. CGST, IGST, UTGST OF EVERY state is almost similar by this there is also benefit of ease in different states tax system however there is some category of goods which are outside the ambit of fat like Liquior, crude oil, petroleum oil, etc.

Hello.

In my point of view, this GST is the one system to develop our country as a good nation as per the income related. But some middle-class families who are not bearing this is a problem for them.

Our India has dual GST like CGST AND SGST. My suggestion was to implement this GST on the people who get involved in crimes and whose are those not paying any taxes.

It is a good implementation to become our country India as a good economic country.

Gst is an indirect tax towards goods and services levied in India. The levied tax is paid not only towards goods but also refunded to the production and supply other than former consumer. It is paid in five types of slabs they are 0%, 5%, 12, 18, &28%. It is paid in terms of pregst and past gst. Pre- Gst is paid up to 18%& past -Gst is paid up to 26- 28%. Except petroleum, electricity and gas are not considered under gst but it is can be continued as regular tax.

Hello everyone.

So the topic given to us for GD is GST, that is goods and service tax. GST is an indirect tax which is levied on all the goods and services. It follows one nation one tax policy. Also, it eliminates the various direct and indirect taxes which are imposed earlier like custom tax, income tax, excuse duty etc.

I am in favour of GST as it helped in the country's development and made the tax system easier and more transparent. Now I would like to invite you all to express your opinions on this.