By Admin 
Goods and service tax: Many important changes were implemented in the recent meeting of GST Council. This has made the tax system much easier, transparent than ever. Many things are also expected to become cheap with GST reforms. Let us tell you that France is the first country in the world, where GST was first implemented in 1954. Today it is applicable in more than 160 countries of the world. It was implemented in India in the year 2017.
GST proposal was kept in the year 2000
In the beginning of 2000, the first proposal for GST was presented. Atal Vihari Bajpai was the Prime Minister of the country at that time. A committee was formed under his supervision, which was given the responsibility of preparing the blueprint of GST. After this, there was a long discussion on this for about 16-17 years. In 2016, Parliament passed it. Then the GST Council was formed. Finally, July 1, 2017, it was implemented across the country. During that time it was named ‘One Nation, One Tax’.
Why GST came into force in India and its benefits?
Its purpose was to replace many indirect taxes like VAT, service tax, excise duty with unified tax system. At the same time, reduce tax burden on consumers and to make the tax system easier. The implementation of GST in the country was the biggest improvement in the tax system since independence. Earlier Four Tier- 5 percent, 12 percent, 18 percent, 28 percent was the tax structure, which has been reduced to two-tier-5 percent and 18 percent after the recent GST improvement.
Overall, the purpose of lowering GST was to implement a unified tax by getting rid of the people of the country from many different taxes. This made the business easier due to the implementation of the same rule in the whole country. Since this digital based is an online tax system, tax evasion was also banned due to being more transparent. This also increased the government’s earnings.
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If the goods are not found cheap even after 22 September, then file a complaint; There will be action immediately