GST A Problems and Prospects

Abstract

The primary goal of this whitepaper is to help readers understand the concepts, structure and structure of goods and services tax. GST is one of the largest tax reforms in India. Tax terrorism is prevented in the post-GST era. You can take the necessary steps to create more and more jobs and keep your surplus under control. GST benefits small traders who can be saved by saving large amounts of tax. GST model will be implemented in two statutes (for the CGST and SGST legislation in each State). GST goal is to simplify tax administration and minimize tax rate plate and prevent harmful competition in health. GST will stimulate India's economic development because of the low indirect taxes