How will Goods and Services Tax (GST) be a comprehensive indirect tax? Explain.
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GST will be a comprehensive indirect tax on the manufacture, sale and consumption of goods and services throughout India, to replace taxes levied at the central and state level. For example, a car's price varied among states because of different rates of taxes like value-added tax, octroi and road tax. But, GST has removed all these and made India a single tax market.
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