GST roll out from 1 July; prices to come down

Kochi: When from July 1 Good ans Service Tax (GST) will be rolled out complexities involved with various taxes will come to an end and the tax system will be streamlined. This is also expected to bring down tax evasion in a big way. With uniform tax slab being introduced the various tax slabs in that existed in different states will also end which will also see the end tax collection in check posts. For one product more than one tax will not be applicable.

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