Long and Short Essay on GST in English for Children and.

Free 516 words Essay on Positive and Negative Impact of GST (Goods and Services Tax) for school and college students. GST stands for Goods and Services Tax levied by the Government in a move to replace all of the indirect taxes. The main idea behind introducing GST is to improve the economy of the nation.

A dual structure would mean that there would be a central GST and a state GST, each levied on a comprehensive base comprising both goods and services. Thus, a transaction would attract both taxes. Ideally, both taxes should have been merged into a single national GST, with an appropriate sharing of revenues between the Centre and states.

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The GST also represents a historic opportunity to Make in India by Making One India. Eliminating all taxes on inter-State trade (including the 1percent additional duty) and replacing them byone GST will becritical to achieving this objective.

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Montaigne's Essays XXXII. To avoid Voluptuousnesse in regard of Life XXXIII. That Fortune is oftentimes met withall in pursuit of Reason XXXIV. Of a Defect in our Policies XXXV. Of the Use of Apparell XXXVI. Of Cato the younger XXXVII. How we weepe and laugh at one selfe-same thing XXXVIII. Of Solitarinesse XXXIX. A consideration upon Cicero XL.

The Goods and Service Tax (GST) is a Value Added Tax (VAT) to be implemented in India from July, 2017. It is a comprehensive tax mechanism where in all major indirect taxes are clubbed into one.

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