GST Simplified
Thanuja S
696

Hi,

I read your article and it helped confirm a major fact to me that GST will reduce the MRP of a product itself.

Still there lies an iota of doubt about the MRP reduction.

i) Since you have considered the same taxation rate of 10% before and after GST in the illustrative example which really is not the case. As you have shown, GST has gone from 0% to 28% for various product categories and the percentage of GST collected for any particular product is different than before. So, can you say something more about that? I would love a quantitative explanation as you have given in above example.

ii) You talk about multiple taxes into one GST. What are those taxes? They are not shown in the example. Or are they included in that 10% ?(Before GST situation is what I am talking about)

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