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	<p><span style="font-size:14px"><span style="background-color:white"><span style="color:black">GST is a single, destination based indirect tax levied on the value added to goods as well as services at each stage of the supply chain. The main objective behind levying such a tax is to consolidate multiple indirect tax levies into a single tax. Thus, GST subsumes a host of taxes. It overcomes limitations of the previous indirect tax structure and brings efficiency in the administration of tax. </span></span></span></p>
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