Eliminates Cascading of Tax

GST is a comprehensive indirect tax that has been created to streamline tax collection. More crucially, it will eliminate the previously observed tax cascading impact.

Composition Scheme for Small Business

Small firms(with a turnover of Rs.20 to 75 lakh) can profit from GST since it allows them to cut their taxes under the Composition plan.

Simple and easy Online Procedure

GST registration procedure from application to filing taxes is completed online and is quite convenient. This has benefited every business entity as they no longer have to go from place to place for GST registration.

Regulated E-commerce Treatment

Under GST, these disparities in treatment and perplexing compliances have been eliminated. GST has made separate laws relevant to the e-commerce industry because their goods move across India.

Lesser Number of Compliance

GST is just one consolidated return that must be filed. As a result, the number of returns that must be submitted has decreased.

Enhanced Logistics Performance

To evade CST and Interstate Tariffs warehouses were forced to work less than full capacity. With the implementation of GST, there is a reduction in unnecessary logistics cost observed.