The conversation between human and AI assistant.
Why does gst bill is important?
How will it make it easier to do business?
The GST bill will do away with a plethora of taxes, such as central excise duty, service tax, value added tax, and octroi, among others, and replace them with a single tax. This will simplify the tax regime and reduce the compliance burden for businesses, which will in turn boost their competitiveness and productivity.