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Gst tax rate

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GST tax rate charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.

Published in: Economy & Finance
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Gst tax rate

  1. 1. GST tax rate GST is one indirect tax for the whole nation, which will make India one unified common market. GST tax is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage. The final consumer will thus bear only the GST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.
  2. 2. Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies Financial Services India has a diversified financial sector undergoing rapid expansion, both in terms of strong growth of existing financial services firms and new entities entering the market. The sector comprises commercial banks, insurance companies, non-banking financial companies, co- operatives, pension funds, mutual funds and other smaller financial entities.
  3. 3. Service Tax
  4. 4. Goods And Services Tax
  5. 5. Implications of GST
  6. 6. GST Impact
  7. 7. GST Registration
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