Rahul Mehta Gandhinagar LsCandidate

GST will make accounting simple - says SoMoKe and congress / rss / aap workers. Then why is Centraol Govt training 500,000 youth for GST accounting?
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GST seems to be a NAREGA for accountants.
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With GST, excise \ vat \ service tax \ local body taxes and entertainment tax, octroi etc are all gone. So lakhs of CAs and non-Chartered-accountants who were previously working on excise , VAT , service tax etc can now work on GST
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And GST is "simpler". Plus GSTN should make all accounting much easier. And there are 10s of GST software to do things more simple.
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So we should be having a surplus in accountants.
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But Central Govt wants to train some 500,000 more youth in GST accounting !!
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All in all, GST , compared to wealth tax, is a nightmare for small / middle manufacturers and traders. The accounting costs and accounting mess will shoot up. Same for big business, but big businesses will manage for a while. But their efficiency too will drastically decrease compared to businesses in USA, whcih dont have to face GST
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Solution I propose is to cancel GST nonsense and instead use Wealth Tax. . Pls see my previous posts on wealth tax for more details on proposed wealth tax.
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