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Benefits of GST: #4 Reduction in cost

Benefits of GST: #4 Reduction in cost

Monday, May 8, 2017, 5:07 PM

By GST, the double charges will be eliminated. The VAT on produced goods of FMCG like soaps, detergents, cosmetics, apart from excise currently exists. This will be eliminated after GST. This will reduce the price of goods and services which help common man for saving more money. Price of FMCG products, small cars, cinema tickets, electrical wires, etc is expected to reduce after GST.
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