competition success review magazine
competition success review magazine Published this articles page no 2 eliminating the cascading effect of taxes thereby making the countrys exports more competitive in the global market and finally removing once and for all the age-old system of check posts for inter-State movement of goods. Besides altering the industrial landscape of the country GST is also a never-heard-before experiment in fiscal federalism. The legislations that made up GST were put in the public domain for feedback multiple times at each stage empowering all the stakeholders to deliberate on what kind of future they wanted to help design in the truest spirit of democracy. Primarily GST is a tax levied on the supply of goods and services. competition success review magazine
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