Good & Service Tax (GST) introduced in India with effective from July 01, 2017 and brings ease to do business. It provides great benefit for traders & consumers.
Reduction in multiplicity of taxes, more efficient neutralization of taxes especially for exports & development of common national market.
On the other side it equally beneficial for consumers as a simpler Tax system, reduction in prices of goods & services due to elimination of cascading & increase in employment opportunities.