GST is an indirect tax for the whole nation that combines central and state taxes into a single tax on the supply of goods and services from manufacturer to consumer. It has a dual GST model that is destination based and uses uniform classification, forms, and returns filed electronically. While GST aims to reduce cascading of taxes and boost the economy, some key sectors initially struggled with its implementation due to increased compliance requirements.

1. Goods And Service Tax (GST)
 SATIN JOSE
 DRASHTI THAKER
 JOAQUINA D’SOUZA
 VALENTINA FERNANDES
 MELISSA D’COSTA

2. What is GST?
‘G’ - GOODS
‘S’ - SERVICE
‘T’ - TAX
› GST is one indirect tax for
the whole nation
› A single tax on the supply of
goods & services , right from
manufacturer to consumer

3. Dual GST
Destination based GST
Uniform Classification
Uniform Forms-returns , challans (in electronic mode)
No cascading on Central and State Tax
Cross credit between Central and State not allowed
Tax levied from production to consumption

4. MERITS OF GST
.
DEMERITS OF GST

5. HOW KEY SECTORS OF THE ECONOMY REACTED

6. THE ICAI GOODS AND SERVICE TAX MODULE.
http://cleartax.in/s/benefits-of-gst-advantages-
disadvantages/
www.businessbatao.com
www.slideshare.net