But, will GST pave way for a better economy?

 Yes in the industry sector:

• Direct tax is collected
• Cascading tax effect is not seen
• Tax market is single
• Regime created on Tax is simple and understandable.
• Smaller units have an option to choose composition scheme.
• Tax filing and payment is available online.
• Logistics have become efficient.

For Government:

1. Encouraging Make in India campaign and investments from foreign nationals.
2. Export and manufacturing activity are encouraged.
3. Business start-up or carrying over the firm had become easy.
4. Tax Evasion has drastically reduced.
5. Administering a firm is simple and made easier.
6. The Government has shown increase in profit.