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Best Of GST Is Yet To Come…

जीएसटी का सर्वोत्‍तम नतीजा आना अभी बाकी...New Delhi: Center celebrated the 1st GST Day here on Sunday. Addressing the distinguished gathering Union Minister Arun Jaitley recalled the pre-GST taxation system in India was one of the most complicated tax systems in the world. Multiple taxes, multiple returns to be filed by assesees, interface with multiple tax authorities, cascading effect of taxes, rising inflation, no free flow of goods across the country, fragmented markets across the country, inter alia, were some of the tenuous issues plaguing the indirect taxation system in India. GST has persuaded people to do businesses in a transparent manner without evading taxes, Jaitley added.

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