knowledgewisdomKnowledge Contributor
How does GST impact the prices of goods and services in India?
How does GST impact the prices of goods and services in India?
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Questions | Answers | Discussions | Knowledge sharing | Communities & more.
GST aims to rationalize the tax structure and eliminate the cascading effect of taxes, which could potentially lead to lower prices for consumers. However, the actual impact on prices depends on various factors such as the tax rates applicable to different goods and services, input tax credit availability, and market dynamics.