The introduction of GST unified the complex Central and State taxes into one integrated indirect tax system in the country. The aim of the government
The composition scheme was introduced to bring simplicity and reduce the burden and compliance cost for small businesses. Registering for this scheme is optional where
The Goods and Services Tax Act was introduced to eliminate the cascading effect of taxes on the people. The salient feature of the act was
Composition levy under GST is an alternative levying tax on small taxpayers. The composition levy aims to ease filing tax returns and reduce compliance costs
The introduction of GST laws transformed the indirect tax system in India by unifying a plethora of state and central taxes into one consolidated unit.
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