Q 13. What are the benefits which the Country will accrue from GST?

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Ans. Introduction of GST would be a very significant step in the field of indirect tax reforms in India. By amalgamating¬† a large number of Central and State taxes into a single tax¬† and allowing set-off of prior-stage taxes, it would mitigate the ill effects of cascading and pave the way for a common national…

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