All about GST benefits in India: One Nation One Tax
Nothing is perfect, but GST is the best option available for Manufacturers, traders and consumers in India. And Why only India? Major economies (Except USA and that is also because of their law) of the world like France, Canada, Singapore already implemented it long ago. Can you imagine France implemented it in 1954? And Canada started it in 1991 that translate into 26years ago! And India takes 17years and all of the states approving to implement it. The point of the rhetoric is that GST is not harmful for honest Manufacturer, traders and consumers. It's ease the process of doing business. Below are its advantages 1. Previously a truck loaded with goods in Gujrat have to pay taxes in each states whose border it corsses. And there was paper checking. And all these takes both money and wastages of time. But after GST your truck loaded with your goods don't have to pay taxes in each border and waste time. You can earn faster if your goods reaches the destination faster. That...