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Question

The goods and services tax is entirely computerised. How is this beneficial?

A
Ease in payment of taxes
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B
Increase in revenue of the central government
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C
Ease in tracking GST payments
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D
Decrease in amount of tax to be paid
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Solution

The correct option is C Ease in tracking GST payments
Everything under GST is computerised, and no paperwork is needed. The intermediaries have to register themselves online, generate an online bill known as e-bill, and even pay taxes online. This makes tax paying easier for the intermediaries, and the tax authorities can track GST payments easily.

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