This is a brief ppt about gst it's impact advantages and also include a hypothetical numerical example. This ppt has bullets points only so you need to read about those points.

1. GST IN INDIA
PRESENTED BY:
ABHISHEK KYAL

2. What is GST ?
G
S
T
Goods
&
Services
Tax

3. Why GST?
• Equitable
division of
taxes
• Transparency
• Smoothen
Administration
• Promote exports
• Raise
employment
• Boost growth
• Collection at PoS
• Lower prices
• More demand
In general
For Central &
State Govt.
For
Individuals &
Companies

4. GST
Central State
• Excise duty
• CVD
• Service Tax
• ACD
• VAT
• Entertainment
tax
• Luxury tax

5. Numerical example of
GST
Current tax system Under GST
Cost 100.00 Cost 100.00
Add: Add:
Excise duty @ 16% 16.00 CGST @ 15% 15.00
Factory Price 116.00 Factory Price 115.00
Add: Add:
VAT @ 14% 16.24 SGST @ 12% 12.00
Wholesale price 132.24 Wholesale price 127.00

6. GST AS A CHALLENGE IN INDIAN
ECONOMY
• Long time planning
• Consensus among the states
• Administrative challenges