knowledgewisdomKnowledge Contributor
How does IGST benefit businesses and consumers?
How does IGST benefit businesses and consumers?
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.
IGST simplifies the tax structure for businesses by eliminating the complexities associated with multiple taxes. It ensures uniformity in tax rates across states, promotes ease of doing business, and reduces tax evasion. For consumers, IGST aims to bring down the overall tax burden by eliminating cascading effects and promoting a unified national market.