This ppt contains an overview of GST.It's pros, cons, components and tax rates are covered in the slide.

3. GST AT GLANCE
• GST is one indirect tax for the whole nation, which will
make India one unified common market.
• Came into effect in India on 1 July 2017.
• Governed by GST council.
• GST rates range between 0% and 28%.

4. COMPONENTS OF GST
SGST CGST IGST

5. BENEFITS OF GST
• DECREASE IN INFLATION
Reduction in “CASCADING OF
taxes”
Overall reduction in prices
• EASE OF DOING BUSINESS
COMMON NATIONAL MARKET
BENEFITS TO SMALL TAX PAYERS

6. BENEFITS OF GST
• DECREASE IN “BLACK TRANSACTIONS”
Self-Regulating Tax System
Non-Intrusive Electronic Tax System
• MAKE IN INDIA
Exports to be Zero Rated
Protection of Domestic Industry(IGST)

7. DISADVANTAGES OF GST
• SERVICE TENDS TO BECOME MORE EXPENSIVE
• LOSS OF REVENUE FOR MANUFACTURING STATE
• BUSINESSES WOULD HAVE TO CHANGE THEIR STRATEGIES