Many common and Normal public not knowing that what the GST is and they wants to know that How this GST will affect them. And Public wants to know that who should understand this GST and Which class of people will get affected by this applicability of GST.
The answer is ALL.
Every single citizen has to understand what the GST is and every single citizen is going to be affected by this GST because directly or indirectly every single citizen of India is paying GST.
Either you are buying some product or you are taking a Service all comes GST included in it.
The major part of population getting affected by GST is End user Customers or consumers who is actually going to consume that good or a service.
Why is it so? Is it so because any one doing any business has some limitations above which only they have to pay taxes, like if business turnover crosses the limit of 5 crore then only they have to Pay GST to govt and file returns. details for eligibility of return and tax can be read at the given link -
http://www.gst-return-filling.com/2021/08/why-thresholds-limit-of-composition.html
http://www.gst-return-filling.com/2021/08/why-thresholds-limit-of-composition.html
This article is to make every citizen aware that everyone out there is paying GST either Directly or indirectly, because of which every single person should be aware with the term GST and its applications and workings.
Any questions or query regarding GST are welcome in comments.
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