Need A Financial Product Forums Tax Savings How will GST benefit the common consumers?

This topic contains 1 reply, has 2 voices, and was last updated by  Tahir Mohammad 3 years, 5 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #47422

    How will GST benefit the common consumers?


    Pratap Sheth

    With the introduction of GST, all the long-term effects of Central Excise Value Added Tax (CENVAT) as well as the service tax will be comprehensively removed with a continuous chain of set-off from the producer’s point to the retailer’s point in comparison to what was possible under the existing and prevailing CENVAT and VAT regime. Eventually, the burden of tax on goods would fall under GST thus benefitting the consumers.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...


Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email :

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.