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What impact GST will have on pricing of products as compared to current scenario?

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What impact GST will have on pricing of products as compared to current scenario?
posted Dec 7, 2017 by Deepika Jain

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1 Answer

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In the following example, you can see that the tax paid on sale within state can be claim against tax paid on sale outside state in GST system, which is not in present tax system.

The credit of CGST cannot be taken against SGST and credit of SGST cannot be taken against CGST but both credits can be taken against IGST

impact GST will have on pricing of products as compared to current scenario

answer Dec 8, 2017 by Ramesh Gowda
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