In a series of tweets, on the first death anniversary of former Finance Minister Arun Jaitley, the ministry said before goods and services tax (GST), the combination of value-added tax (VAT), excise, sales tax and their cascading effect resulted in high standard rate of tax up to 31 per cent.
from GST-Small Biz-Economic Times
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Monday 24 August 2020
GST reduced tax rates, doubled taxpayer base to 1.24 cr: Finance Ministry
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