GST Bill-Monsoon Session in Parliament.BJP,s most important Agenda..
The GST aims to replace almost all indirect central and state level taxes and levies. By introducing a single GST rate, it will eliminate the problem of differential tax rates of goods and services across the country and promote free trade across states. It is also expected to improve compliance, widen the tax base and also reduce the overall tax rate. The rollout, however, is not going to be easy.