Like Aadhaar, GST idea was also introduced by Congress but they did not have majority in Parliament so they could not clear the bill.
Like Congress, NDA also knows that current tax structure is too much complicated for business, trucks stands on every state borders for weeks just to get clearance so it takes long time to reach destinations.
On top of that as a business company you hv to deal with different taxes with 29 states and 7 UTs for Pan india consumer reach instead of one authority in GST.
So as a company Ceo you will choose China or somewhere else where there is less complicated tax structure to set up a plant so that raw materials can reach to plant from ports and products can reach to port as fast as possible instead of standing at state borders for clearance.
These are some benifits as far as I understand.
Like Congress, NDA also knows that current tax structure is too much complicated for business, trucks stands on every state borders for weeks just to get clearance so it takes long time to reach destinations.
On top of that as a business company you hv to deal with different taxes with 29 states and 7 UTs for Pan india consumer reach instead of one authority in GST.
So as a company Ceo you will choose China or somewhere else where there is less complicated tax structure to set up a plant so that raw materials can reach to plant from ports and products can reach to port as fast as possible instead of standing at state borders for clearance.
These are some benifits as far as I understand.
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