How will GST affect common man?
The primary impact to be felt by the consumers would change in prices of goods and services on account of GST rates. ... In services, the tax rate has increased from 15% to 18%. The 3% increase could potentially mean an increase in the price of services by 3% for the common man
How GST will work?
GST is a type of value added tax and a proposed comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level. It will replace all indirect taxes levied on goods and services by the Indian central and state governments.
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