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Objective of gst |
| Answer» 1) No cascading of taxes 2) Reduced compliance cost3) Seamless flow of credit4) Less wastage of time and effort to comply5) Few number of taxes6) Transparent and corruption free7) Supportive to compete at Domestic and International Market8) Buoyancy in tax collection both for Central and State/UT9) Tax impact on inflation should be minimal. | |