What are the Disadvantages of GST in India
GST (Good and Services Tax) is a single tax that the government charges on the sales of goods and services. It replaces old taxes like VAT, service tax, and excise duty. GST is the same across the states in India, which makes buying and selling easier as it removes different tax rates in each state.
These are the disadvantages of using GST:
1. Higher Tax Burden for Some Services
2. Compliance is Complex
3. Technical Glitches in GST Portal
4. Small Businesses Face Challenges
5. Frequent Changes in Rules.
Read More:- https://surepass.io/blog/advantages-and-disadvantages-of-gst-in-india/
GST (Good and Services Tax) is a single tax that the government charges on the sales of goods and services. It replaces old taxes like VAT, service tax, and excise duty. GST is the same across the states in India, which makes buying and selling easier as it removes different tax rates in each state.
These are the disadvantages of using GST:
1. Higher Tax Burden for Some Services
2. Compliance is Complex
3. Technical Glitches in GST Portal
4. Small Businesses Face Challenges
5. Frequent Changes in Rules.
Read More:- https://surepass.io/blog/advantages-and-disadvantages-of-gst-in-india/
What are the Disadvantages of GST in India
GST (Good and Services Tax) is a single tax that the government charges on the sales of goods and services. It replaces old taxes like VAT, service tax, and excise duty. GST is the same across the states in India, which makes buying and selling easier as it removes different tax rates in each state.
These are the disadvantages of using GST:
1. Higher Tax Burden for Some Services
2. Compliance is Complex
3. Technical Glitches in GST Portal
4. Small Businesses Face Challenges
5. Frequent Changes in Rules.
Read More:- https://surepass.io/blog/advantages-and-disadvantages-of-gst-in-india/
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