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"GST will applied from 1st April 2016 in...

"GST will applied from 1st April 2016 in whole country" as per newspaper headlines. What will be effect of GST on business firms?

A

Prices of certain goods and services might be lower.

B

It will increase gross domestic product.

C

It makes our export more competitive as exports are to be zero-rates.

D

All of the above

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Verified by Experts

The correct Answer is:
D
Goods and service Tax may be decrease price of some commodities, increase GDP, make more export and reduction in some business issues like cash flow problem, so all of options are possible effect of apply on GST.
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