Separate tax for Goods & Services | Problem in the earlier indirect tax structure | CA Neha Agarwal

This is a very short video which will help you to understand problem in our earlier indirect tax structure due to separate tax for Goods & Services.
So set off between Service tax collected and VAT paid was not possible as both taxes were collected by different government. Service tax was collected by central government and VAT by the state government.

Understand Cascading effect:
Understand Different types of indirect tax existed earlier now replaced by GST:
Understand Indirect tax and GST as an indirect tax

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