please provide the answers of these questions in an short with tomorrow is my Viva in which the questions from GST topic arise please its urgent please help me

Dear Student a. Goods and Services Tax is an indirect tax in India on the supply of goods and services. It is a comprehensive and destination based tax. b. The Goods and Service Act came into effect on 1st July 2017. g. Impact of GST in long run: (i) GST would create an unified market and reduce the transaction cost of businesses . It will also help bring down logistical cost . (ii) Exports will become competitive in nature as the GST will eliminate the cascading impact of taxes . Impact of GST in short run: (i) The GST will reform the indirect tax structure by subsuming major indirect taxes like excise , sales , service taxes . This will reduce the complexities of the indirect tax structure of the country hence leading to an easy path of doing business. (ii) Tax evasion can also be reduced effectively by implementation of GST . . . . .For remaining queries we request you to post them in separate threads to have rapid assistance from our experts. Regards

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