Indraneel Naik

Hi Indraneel,

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)

— — I have mentioned types of taxes in my article. In that all the indirect taxes are replaced by GST after GST implementation. In the example i considered 10% tax before and after GST for ease of understanding. Yes before tax 10% will be say for eg:excise duty 5% and vat 5% for manufacturer and 10% vat for wholesaler and retailer respectively. Instead of mentioning excise duty and vat I just mentioned as tax.

Hope it clarifies your doubt.

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