The cascading influence is no longer there. 

Several other taxes, such as federal excise duty, service tax, customs duty, and state level value added tax, have been eliminated since the entry of GST into the Indian tax system. As a result, the cascading impact of tax on tax has been abolished by a single GST. 

Benefits with a higher threshold 

Prior to the introduction of GST, any company with an annual turnover of more than 20 lakhs was subject to VAT, or value added tax. Service taxes were not needed for services with a turnover of less than ten lakhs. 

Advantages in Starting a Business 

Previously, startups with an annual turnover of 5 lakh had to pay VAT, which would have been extremely problematic for a company in the early stages. Businesses will exclude the utility tax from their revenues now that GST has replaced VAT. 

E-commerce allows for easy delivery of merchandise. 

Startups are establishing a large online presence, using their websites to sell their services and merchandise. There were several different forms of VAT rules, and the delivery of goods through the internet, or E-commerce, was never well-defined. If you need to send supplies to several states, for example, you must first file a VAT statement. Following that, you must have identification information for the trucks that transport the products. Owing to a lack of adequate documentation, products are often confiscated by officials. GST has now eliminated all of these perplexing procedures. 

Accountability and regulations 

Prior to the introduction of the GST, the tax reporting system was disorganised. All taxes are now collected electronically, and the big hassles associated with tax filing have been removed as a result of the GST implementation. As a result, industries have become more accountable, and tax filing rules have become more controlled.