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Merits and Demerits of GST
The Goods and Services Tax (GST) is a unified, consumption-based tax levied by the Government on the supply of goods and services. The GST combines all stages of indirect tax such as manufacture, sale, and domestic consumption of goods and services. GST operates at a national level to put an end to multiple taxes like central sales tax, VAT, service tax, CST, sales tax, etc. which are levied on...
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