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What is Merits and Demerits of GST Explained about?

This document provides an introduction to the Goods and Services Tax (GST) implemented in India. It defines taxes and explains the difference between direct and indirect taxes. GST is described as a comprehensive, multi-stage, destination-based consumption tax levied on the supply of goods and services. India adopted a dual GST model with both central and state governments concurrently levying GST. There are different types of GST including CGST, SGST, UTGST, and IGST depending on intra-state or inter-state

Author

neha pandey

Language

EN