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The Goods & Service Tax or GST is one of the biggest fiscal reforms in India since Independence. All businesses, small or large, will be impacted by this new indirect tax regime.

GST will be levied on both goods and services and will subsume and replace the current indirect taxes such as excise, VAT, and service tax.

Some of the benefits of GST to the Indian economy are listed below-

benefits of gst

Author : Super

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