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	<h1>GST myths cleared</h1>
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			<span class="post-date">Jul 14</span>

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				Posted by <a href="/forum/user/2291-trishaa">TRISHAA</a>				in <a href="/blog/categories/banking-financial-services-and-insurance">Banking ,Financial Services and Insurance</a>			</span>
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	<p>A reality check by ET Wealth for both GST supporters and its detractors. 1) Now it is one nation one tax: Goods like petroleum, diesel are still outside GST’s ambit 2) Small businesses will suffer: Shops can go for manual billing and only for filing internet connectivity is required  3) Prices will shoot up: It seems high because entire system is visible  4) Corporate may try to profiteer but government won’t: Some State govt also act greedy 5) No tax other that GST is a reality: It only considers local and state taxes not the other charges 6) Economic growth will rise: Recorded economic growth will rise not the real growth 7) Pay GST twice for card payments: No additional GST for credit card payments. Read more at: <a href="http://economictimes.indiatimes.com/wealth/spend/gst-myths-busted-a-reality-check/articleshow/59501148.cms" target="_blank" rel="noopener noreferrer">http://economictimes.indiatimes.com/wealth/spend/gst-myths-busted-a-reality-check/articleshow/59501148.cms</a></p>
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		<a href="/blog/tags/gst">
		<span itemprop="keywords">GST</span>
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		<a href="/blog/tags/manual-billing">
		<span itemprop="keywords">manual billing</span>
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		<a href="/blog/tags/visible">
		<span itemprop="keywords">visible</span>
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		<a href="/blog/tags/recorded-economic-growth">
		<span itemprop="keywords">recorded economic growth</span>
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