Gst Impact On Central Government State Government An Analysis
GST Impact on Central Government & State Government GST Impact on Central Government (a) Increased collection of CGST and IGST: The collection of taxes-CGST and IGST would increase when more and more assesses register and pay taxes due to simplified tax laws under GST regime.(b) Loss of CST revenues: The CST which was 2 % accruing to the State of collection has been subsumed into GST. This revenue would not be available to the States....