Essay On GST For Students In Easy Words – Read Here

Introduction:

Well, most of the people don’t even know what is GST and how is GST used for us. We as a common man don’t even know that the GST is a very important part of our life in India.

GST in India

Well, every Indian comes in the GST but there are only a few people who understand the behavior of GST. First of all, GST is a tax system that is made by the Indian government. This is a one-stop solution for every businessman in India.

Even for a common man, it is very useful and with the help of GST, the black money is also coming to vanish in India. Today making money is very easy but paying the tax for it is a very difficult job. If you are a small businessman and you don’t even know about the tax payment you need to pay so many different charges for it.

Small Businessman

Well paying the GST for a small businessman was a very difficult job to do because he was not even aware of the accounting which should be done in GST. Well GST is a kind of a very easy and understandable system.

But still, there are people who don’t understand the functioning of GST. They feel that the government is cheating them and taking more and more taxes just to fill their own pockets.

Well, this is the wrong intention which people are keeping for this government. The government is there to help us not to blame us for anything or take any kind of taxes that are not needed.

Chatted Accountant

Everyone in India thinks that if we are coming into the tax category we need to hire a CA. Well, this is not totally right if your business is small and you are only earning a limited amount of money you do not need a CA to file your taxes.

You can do it by yourself and there are so many ways which you can get help from and without even paying them. Today YouTube has all the required information for GST and tax-paying systems. We never understand the importance of taxpaying but we only blindly fill up the tax every year.

Use of The Money in GST

This will be a question for every taxpayer that where is the money going which they are paying as a tax to the government. Well, the money which we are paying to the government is directly going for the welfare of the common man.

We don’t even know how much money is required to make a single road we just think that the government is not paying proper attention to words in our society.

Well, this is not totally true the government also needs money to do the useful things for the common man. The government is responsible for everything around you it might be the route the streetlights or anything which you use in your daily routine from the government.

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