The document discusses the proposed Goods and Services Tax (GST) structure in India. It outlines the existing indirect tax system and proposes replacing it with GST. Key points include: 1) GST would be a dual tax levied on goods and services, replacing existing central and state taxes. It follows a destination-based consumption tax model. 2) Transactions within a state would be subject to CGST and SGST, while inter-state transactions would be taxed using IGST. Input tax credits can be claimed across taxes. 3) GST is expected to result in a unified, efficient national market, reduce costs for businesses, and increase tax revenues. However, there may be initial compliance