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The system is "One Nation, One Tax" not "One Nation, One Price". Price of a product depends on several factors other than taxes. For example, if GST on a produ
by himlukita 9y ago
The system is "One Nation, One Tax" not "One Nation, One Price". Price of a product depends on several factors other than taxes.
For example, if GST on a product is 18% then this tax includes CGST of 9% and SGST of 9% (which means 9% tax will go to state government and 9% to central government).
There are no separate taxes by states and central govt except on alcohol, petroleum and electricity.