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What is GST bill with explanation and benefits detailed with examples

GST-bil-and-Benefit

What is GST bill. Benefits of GST bill. GST bill in Hindi. Goods and Services Tax (India) start. Latest News and Updates on GST Bill (Goods and Services Tax).what is the affect of GST Bill (Goods and Services Tax) in India and What will cost more, and what will be cheaper for you due to GST Bill (Goods and Services Tax). How GST Bill impacts common man

हिंदी में पढ़ने के लिया पेज को नीचे की और स्क्रोल करो

 

Goods and Services Tax (GST): A lot of taxes will replace the single tax and indirect tax. After the GST is implemented, all taxes, service tax, excise duty, VAT etc and the price of any item will be the same across the country, all states. will be removed. Just apply the single tax is GST. GST will be implemented from April 1, 2017.

 

Name of Bill and Tax: GST Bill and Goods and Services Tax

Tax type: indirect tax, Single system of taxation

Category of tax   :   Indirect tax

Start of Goods and Services Tax: April 1, 2017.

GST Bill introduced by: Union Finance Minister of India Arun Jaitley.

Amendment Number: 122nd

GST bill:  introduced as The Constitution (One Hundred and First Amendment) Act 2016.

GST Passed in Rajya Sabha on : August 03, 2016.

Direct tax : such as income tax, investment  tax is called direct tax

Indirect tax : service tax, excise duty is called Indirect tax

GST-bil-and-Benefit
GST-bil-and-Benefit

 

बहुत सारे टैक्सों की जगह एक ही टैक्स (Tax) लगेगा GST Tax . जीएसटी लागू होने के बाद सेल्स टैक्स, सर्विस टैक्स, एक्साइज ड्यूटी, वैट आदि तमाम तरह के टैक्स (Tax) हटा दिए जाएंगे। पूरे देश सभी राज्य में किसी वस्तु की कीमत एक समान होगी. साल year 2017 मे एक अप्रैल (April 1, 2017) से जीएसटी लागू हो जाएगा।

GST Bill 03 अगस्त 2016 (August 03, 2016) को राज्यसभा में यह बिल पारित हो गया।

प्रत्यक्ष कर: जैसे आयकर, निवेश कर को प्रत्यक्ष कर कहा जाता है

अप्रत्यक्ष कर: सेवा कर, उत्पाद शुल्क को अप्रत्यक्ष कर कहा जाता है

Benefit and What would be cheaper and what expensive GST

According to GST bill, apart from road tax, the customer will have to pay only one tax. Half of this tax will go to the Center and half of the state. Companies will get raw materials and other parts from GST in cheap rates. Customers will also be benefited.

Now the service tax rate is 15 percent. That is, the service tax can increase. Service tax rate can be between 17 to 18 percent.

Some services are more expensive GST  like 

Pay Mobile bills

Banking services and investment management services

Use WIFI and DTH services

Any Online booking

Dining in hotels, shopping on credit cards,

Some services are cheaper GST like

Pay Residential rent

Health care, School fees

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