GST has designed the tax method much more read more visible and accountable. The taxpayers can certainly observe the tax compensated at each phase of the provision chain and claim the input tax credit rating. it's got also decreased the scope for tax evasion. GST has also ensured tax fairness. since you are aware of GST operates being a multi-stag

The government tries to enable by providing info and assist, but it really’s up to each taxpayer to be sure they have an understanding of and Adhere to the procedures. Non-compliance with GST rules may end up in penalties and fines. The possibility of GST registration cancellation is also there. subsequent tax principles is called compliance. s