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“GST will indeed become a very simple and less burdensome tax for most of the people of the country. Be it manufacturers or traders. Simple tax, single compliance procedure, it will become very very simple for the people to pay taxes,” Adhia said.
The GST Council has already reached an agreement on a 4-tier tax structure — 5,12,18 and 28 per cent. Besides, a cess on demerit, luxury and some more goods would be levied.
From Agencies, Feature image courtesy ndtvimg
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