But quite a few take into consideration them to become regressive taxes as they could bear a large burden on individuals with decreased incomes who finish up paying out the same quantity of tax as those that make an increased money. The purpose of taxation, kind of tax, and level of tax will depend

The limit imposed on GST is the threshold turnover for registration. an individual engaged in an unique supply of goods and whose aggregate turnover inside the money year won't exceed ?forty lakhs is not required to register less than GST. All the companies supplying merchandise whose turnover exce