GST Explanation

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  • Опубліковано 15 жов 2024

КОМЕНТАРІ • 1 тис.

  • @CAGouravJashnani
    @CAGouravJashnani 7 років тому +37

    Many people are just concentrating on the minor mistake instead of appreciating hard work behind this video. They don't even have any idea about how much time and energy it takes to create a video like this.
    keep doing the great work. Boxer A

  • @IshanGupta91
    @IshanGupta91 7 років тому +116

    Hi Buddy,
    Thanks for the informative video and I really appreciate how you've tried to simplify it with sketches. Keep it up, its okay to make mistakes (even in popular channels like SciShow etc. they make mistakes, you can add banners as disclaimers) so don't be disheartened by people shaming you on the small typo. Instead of appreciating we tend to criticize things a lot (really disappointing that some of the folks could see just the typo and not your efforts, as if rest of us are experts in English and never make mistakes).
    Keep it up :)

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому +20

      Thanks Ishan.

    • @akshay.gangurde
      @akshay.gangurde 7 років тому

      Ishan Gupta good one

    • @saikaveti
      @saikaveti 7 років тому

      Ishan Gupta you are right. constructive Feedback is necessary for the channel's betterment. Everything else is better to be ignored.

  • @listen2enjoy
    @listen2enjoy 7 років тому +568

    sir, just a small correction,.... there is no tax called "exercise duty"... it's "excise duty" - which is a tax paid for manufacturing goods in India..

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому +37

      +listen2enjoy thanks for correcting.... I believe apart from that you liked it

    • @mindmatrix1412
      @mindmatrix1412 7 років тому +1

      Boxer A ik this is not related to your video but pls can u tell how u made this video? is there any app for it?

    • @rajath1964
      @rajath1964 7 років тому +4

      Jon Snow even I want to know which software tool was used to make this video, lovely animation

    • @yatharthjaggi8029
      @yatharthjaggi8029 7 років тому +4

      Jon Snow it is actually an Adobe After effects template you just have to create the path for all the text and images with the help of the 'Write-on' effect and copy the path to the image of the hand (which in this case is a gif).

    • @utkarshjha5283
      @utkarshjha5283 7 років тому +22

      Also, it's alcohol and not Alcohal

  • @StoryPediaOfficial
    @StoryPediaOfficial 7 років тому +2

    video was uploaded on 31st dec and went viral last 2 /3 days this is the magic of youtube

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @angeljohn4019
    @angeljohn4019 7 років тому +22

    The concept explained is different from what I understand earlier.
    Each stage is taxed in totality, but credit given to earlier tax paid.
    cost to distribution is 100+10% 5=105
    At distribution s t age, cost to wholesale is 125+10%=137.5-5 ( earlier taxpaid)=132.5

    • @albertein3257
      @albertein3257 7 років тому +10

      yes it is like that.. Just to get few likes and subscription people are misguiding mobs..

  • @soubhagya2949
    @soubhagya2949 4 роки тому +2

    Great work sir...mistakes are common but ability to surpass negativity n moving ahead is optimism ...great explanation

  • @neelabanoth9883
    @neelabanoth9883 7 років тому +185

    good info don't feel bad by seeing negative comments Generally people concentrate on mistake even u also came to know that it's excise tax no probs

  • @pravii444
    @pravii444 7 років тому +1

    I stopped this video right in the middle just to give a thumbs up. I have been scratching my head from weeks just to figure out what GST is. Thanks @Boxer A

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @garima2001
    @garima2001 7 років тому +302

    its not exercise tax or else Ramdev wod be paying most of it.
    Its excise duty

    • @aditya58691
      @aditya58691 7 років тому

      garima rajput 😂😂😂

    • @ashishshrma
      @ashishshrma 7 років тому +9

      as pointed out by countless others before you, but thanks for pointing that out AGAIN! -_-

    • @tomriddle4038
      @tomriddle4038 7 років тому +2

      lol so funny, i snorted

    • @sandeepkumarmajhi9735
      @sandeepkumarmajhi9735 7 років тому +2

      garima rajput its excise duty

    • @hardikdikshit7955
      @hardikdikshit7955 7 років тому

      please help me with exercise tax. I will pay your exercise tax also.

  • @theAkashRajput
    @theAkashRajput 7 років тому +1

    Beutiful video man! This is something Indian online tutorials lack in. elegance.

  • @miheersinghgurjar3717
    @miheersinghgurjar3717 7 років тому +5

    GST will become the backbone of Indian economy it is good for us

    • @miheersinghgurjar3717
      @miheersinghgurjar3717 7 років тому

      Shikha Singh because this the main problem of we Indians we don't want to come out from our orthodox thinking go and see the effects of gst tax in other developed countries we have to help our pm like if tell us for swchaa bharat abhyaan we do and we select them as our prime minister so trust on him and help him he will make India a super power

    • @anonymous2964
      @anonymous2964 7 років тому

      miheer Singh gurjar then why not introduce wealth tax which is the back bone of global super powers like usa and China? India isn't going anyway, we aren't producing any goods made in India, made by Indians. Gst is the demand of global MNCs which will kill india's small scale industries.

    • @miheersinghgurjar3717
      @miheersinghgurjar3717 7 років тому

      Fast Networks bro first let it come bro because u know that the Constitution of India never will let it happen if any wrong thing happen in future because of gst so first we have to see it let it come

    • @anonymous2964
      @anonymous2964 7 років тому +1

      miheer Singh gurjar constitution of India is run by rothschild banks and other corporations. This is the truth of democracy, it's very easy to control politicians by helping them win elections Do you know India can't conduct nuke test without USA's permission?

    • @miheersinghgurjar3717
      @miheersinghgurjar3717 7 років тому

      Fast Networks u know that India has tested one nuke bomb in pokhran without the permission of u s a and one more thing I believe in my Indian constitution so I have no fear if anything happen wrong with gst nut I want to see it first if it will not work so supreme Court will automatically end it for the Indian economy

  • @devanshigupta7567
    @devanshigupta7567 7 років тому +1

    This was so informative. I had no idea what GST actually was, and this cleared so many doubts up!

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому +1

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @mohammedihsanali6752
    @mohammedihsanali6752 7 років тому +41

    If am not wrong, restaurants are gonna be highly expensive than the current system. over all price of the good also is gonna be high apart from the few.

    • @ashokshenoy4831
      @ashokshenoy4831 7 років тому +10

      Mohammed ihsan ali nope..around 2% cheaper than current system

    • @deepaksrinivasan123
      @deepaksrinivasan123 7 років тому +12

      Its going to be cheaper. Also, since food products have no tax, they can now purchase goods like grains and vegetables at lower rate which means it should drive down their costs. Whether or not they pass on their benefits to end customers remains to be seen

    • @abhishekbehera8208
      @abhishekbehera8208 7 років тому +2

      Mohammed ihsan ali that's because these come under luxury category

    • @rameshnanavat
      @rameshnanavat 7 років тому +1

      Mohammed ihsan ali latest songs

    • @drunkenmonkey5529
      @drunkenmonkey5529 7 років тому +22

      obviously the name "Mohammed",, won't support the current govt..... 😂😂😂😂

  • @balaru.cmaheshbalaru2546
    @balaru.cmaheshbalaru2546 7 років тому +1

    very good explanations and well kown of direct and indirect taxes coponents. By Balaru econamist Pmk.

  • @sahirsavat1765
    @sahirsavat1765 7 років тому +16

    why wont tax be added on selling price in GST system? reference 4:30

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому +5

      Because it is based to VAT... where tax is levied on only the value added to the product....

    • @sahirsavat1765
      @sahirsavat1765 7 років тому +5

      what i mean't was when tax is levied on value added that amount is not added to selling price
      like retailer paid rs 2 tax on rs20 margin why would he not add rs 22 to price at which he bought the item and according to you he just added rs 20 i.e we are not paying any tax only

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому +8

      hey sahir, If it is added to Selling price then tax is tranferred from one to another... it means finally consumer have to pay more price and everybody else will save themselves from tax... this is the beauty of GST that each has to pay own tax....

    • @Atilla_the_Fun
      @Atilla_the_Fun 7 років тому +6

      " If it is added to Selling price then tax is tranferred from one to another... it means finally consumer have to pay more price and everybody else will save themselves from tax... t"
      All sales taxes have some percentage of the tax payed by the consumer and some percentage payed by the producer. It depends on how many people are willing to pay the extra price for the product. For example, people addicted to cigarettes will still pay for cigarettes even if the price is higher so cigarette tax will probably be paid more by the consumer. But a tax on pepsi will probably come from the companies pockets because they cannot increase the price for the consumer otherwise they will buy coke instead.

    • @dheeraj999
      @dheeraj999 7 років тому +2

      Boxer A but at the end where is the customer paying the tax for the product he is purchasing..it is only the manufacturer, wholesaler and the retailer paying taxes on their profits

  • @ayushsundan
    @ayushsundan 7 років тому +1

    finally I have seen something which has cleared so many doubts about the GST. the way you explained the difference b/w the current and GST system was remarkable in a sense because to my knowledge, it is the only clear explanation available anywhere on the web. thank you friend ! keep up the good work .

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому +1

      +Ayush Kant Sundan thanks a lot

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому +1

      +Ayush Kant Sundan this is the best comment I got... Thanks bro.... Try to share this with your friends as well...

  • @aravindmahadevan4
    @aravindmahadevan4 7 років тому +8

    Please ensure that when you upload some videos it's contents are correct and doesn't include any mistake. GST being a new topic people doesn't have much knowledge about it , especially when people doesn't know much about this one should be more careful as people rely on this type of videos. Some of the information such as items that were classified as 'Costlier' and 'Cheaper' include some mistakes. Also certain basic mistake like Exercise duty instead of excise etc..etc. Request you to please correct the mistake. Anyway great effort.

  • @amitimpex8474
    @amitimpex8474 7 років тому +1

    Extremely well explained... couldn't have explained it any better ... great job .. well done !!

  • @Abhinav-xf2mc
    @Abhinav-xf2mc 7 років тому +5

    bro, this is not GST, its VAT. You explained VAT, which came in place of sales tax. GST is different.

    • @bijo71
      @bijo71 7 років тому

      I too made the same observation.

    • @sunnyramrakhiani4567
      @sunnyramrakhiani4567 7 років тому

      @Boxer A , can you atleast rectify if this guy is right and you have made a mistake?
      or else have a discussion and tell us who is wrong you or this guy?

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      +Sunny Ramrakhiani GST is based on VAT... The video is correct

    • @Abhinav-xf2mc
      @Abhinav-xf2mc 7 років тому

      gst just makes the input tax credit interchangeable between centre and state taxes by subsuming all taxes into one...meaning state and national taxes become same that is gst...which is divided into cgst and sgst..
      in esrlier system tax credit was available only between centre taxes at the centrsl level and between state taxes badically vat at state level...interoperability of tax credit was not available between centre and state taxes...
      now as all taxes are subsumed into one interopearbility of yaxes increase.
      He explained vat .gst just makes interoperability feasible...this reduces cascading effect of ysx on tsx in case of excise duty and vat...as cascading effect of tax on tax in case of sales tax has already gone with vat...so he has explained vat and how it reduces cascading effect by vat introduction.

  • @aslamsiddiqui2555
    @aslamsiddiqui2555 7 років тому +1

    Thank you for Making This whole GST term, very Easy to understand.. 👍

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @adityamalu7
    @adityamalu7 7 років тому +60

    wow, totally wrong information.. ppl who pays gst will recover to whom they sell..

    • @MohammadAQibgoogle
      @MohammadAQibgoogle 7 років тому +4

      yeah i agree, he is off the track totally

    • @sagargupta8830
      @sagargupta8830 7 років тому +2

      Yes you are right. I was wondering why would Seller not recover from the buyer the amount of tax seller paid in first place !!

    • @AnkitKumar-zu7cn
      @AnkitKumar-zu7cn 7 років тому +4

      Yeah, according to him, the manufacturer doesn't earn any profit!

    • @akhileshthapliyal4379
      @akhileshthapliyal4379 7 років тому

      He has explained on zero profit basis...

    • @gauravdey4163
      @gauravdey4163 7 років тому +2

      the videomaker is right the tax is charged on profit so even there is a charge on profit there is some amount of profit the manufacturer is making

  • @srimantapandit7881
    @srimantapandit7881 7 років тому +1

    i really liked the explanation part through the sketches...made it more interesting​...and the noble latureaut rather than finding spelling mistake encourage him for giving such useful information

  • @shivamtripathi4987
    @shivamtripathi4987 7 років тому +5

    nice explanation, sir hats off to you, why you don't make too many of videos

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @singhbrijeshomkar
    @singhbrijeshomkar 7 років тому +1

    I only heard about GST in news but didn't know the details. Now I can talk/understand anything new if comes about it.

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Brijesh Singh thanks a lot... pls suggest other topics for more videos...

  • @BurnedLeo
    @BurnedLeo 7 років тому +3

    why alcohol is exampted?🤔

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      +Dharmendra Singh it will be tax as it is now

    • @ahmedfawaz7214
      @ahmedfawaz7214 7 років тому +3

      Dharmendra Singh To encourage alcoholics

    • @jhansipravallika5377
      @jhansipravallika5377 7 років тому

      Ahmed Fawaz 😂😂

    • @slayrisk
      @slayrisk 7 років тому +1

      Dharmendra Singh Petrol is currently taxed at 33% The government isn't going to cut down its margin by 5% (max GST = 28%) Also, liquor and most commodities you've mentioned follow a similar pattern. This video is basically bs though. This person has little to no grasp over how the GST system works.

  • @asapoojapriyagoud1137
    @asapoojapriyagoud1137 7 років тому +1

    Everything is understandable. Dear sir, it's not exercise it is excise duty.

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @Atingarg90
    @Atingarg90 7 років тому +7

    in current scenario also, you can dealers and retailers gets tax credit and pays tax only on their profit...
    this video is wrong and gives wrong information

  • @janvishankar9837
    @janvishankar9837 6 років тому

    Greatly understanding video. I was seeking the informations regarding gst and as an Indian everyone should know regarding its implementations and all. After checking many many videos I found that this video was more helpful for me . Thanku so much guy. Keep uploading more informative videos 🙂🙂🙂🙂

  • @Kattar.Sanatani1994
    @Kattar.Sanatani1994 7 років тому +26

    Totally wrong explaination.

  • @gururajchini654
    @gururajchini654 7 років тому +1

    Excellent!! video was helpful in understanding the GST concept.

  • @gstandcentralexcisemadhura9695
    @gstandcentralexcisemadhura9695 7 років тому +16

    Everything is good. Please use the word EXCISE instead of EXCERCISE

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому +1

      +Central Excise Madhuranthakam II thanks it was just a human error.... But I will keep in mind next time....

    • @naveenkancharla5396
      @naveenkancharla5396 7 років тому +6

      Central Excise Madhuranthakam II everyone finds out mistakes in other's that what India is hats off fo yo helpful spell checking

    • @sardarjassimranjeetsingh9831
      @sardarjassimranjeetsingh9831 7 років тому +3

      naveen cool up

    • @anonymousonly1729
      @anonymousonly1729 7 років тому +1

      Vimal Wodaiyar it's easy just look up hand animation software

    • @JensonSamuel777
      @JensonSamuel777 7 років тому +1

      Anonymous Only wrong info about what increases and decreases

  • @samardutta1195
    @samardutta1195 7 років тому +1

    ABSOLUTELY BRILLIANT CONCEPT.....THANKS A LOT.....

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      +samar dutta thank you... Please subscribe my channel

  • @sarikp3881
    @sarikp3881 7 років тому +3

    it's not Exercise , its excise !!!!

  • @nishthasharma8223
    @nishthasharma8223 7 років тому +1

    thank u sir for making it simple . now GST is easy to understand .

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      +Nishtha Sharma thanks for watching. Pls subscribe my channel

  • @indianpatriot1712
    @indianpatriot1712 7 років тому +50

    PLS DO THIS VIDEO IN ALL THE 22 OFFICIAL LANGUAGES OF INDIA FOR THOSE WHO DON'T UNDERSTAND ENGLISH!

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому +3

      +Indian Patriot thanks for the response.... I made this video in hindi aslo... Please watch that..... I'll try for other languages as well

    • @indianpatriot1712
      @indianpatriot1712 7 років тому +2

      Great Keep it Up! Hope other languages will be made as well!

    • @AnantMall
      @AnantMall 7 років тому +4

      why don't you "indian patriot" do that?

    • @DS-Pakaemon
      @DS-Pakaemon 7 років тому +6

      Are you an idiot?

    • @jhansipravallika5377
      @jhansipravallika5377 7 років тому +1

      seriously?? 😑

  • @akhiltom8388
    @akhiltom8388 7 років тому +1

    very informative. keep uploading more of this type for us. thanks a lot...

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @MR-il5do
    @MR-il5do 7 років тому

    i like the way it was explained with very simple language and very good example, all i wish that people of our country will take this GST changes in good way and adjust to it. it will be difficult for some day who use to give less taxes( as per their state) they have to think about future not the present

  • @manoj3584
    @manoj3584 7 років тому +1

    Very good explanation. it seems this system is benefit for end costumer, the tax amount paid by the Manufactures,Wholesaller, Retailler to the government will be reducing in the GSTsystem. How the GST would be benefit for the government ? can anyone explain

    • @suvenikaul9303
      @suvenikaul9303 7 років тому

      The govt benefits because now tax base is increased. Every level in the supply chain (Manufacturer, Distributor, Wholesaler, Retailer) has to ensure that the person he purchases from is registered in the system & has paid the taxes. Everyone in the net :-)

  • @Manwbd
    @Manwbd 7 років тому +1

    Amazing video, very nice interface. Thank you!!

  • @sanjeevsharma2482
    @sanjeevsharma2482 7 років тому +1

    Interesting video.. Makes the concept clearer. Thanks

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @hanumanagoudak1577
    @hanumanagoudak1577 7 років тому +1

    thats a good one , what will be taxes on medicine for pharmacy and customer?

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @manjunathb.kkrishna3720
    @manjunathb.kkrishna3720 7 років тому +1

    Thank u so much,dis s very useful to learn basic of GST,please share sum more videos about GST

  • @diptisahu6
    @diptisahu6 7 років тому +2

    Hi. Though I am not going to subscribe as of now, I am thankful to you for making me understand it. I am sure most people don't understand it as yet unless someone knows about economics or commerce or has an interest in the taxation system.

  • @sridhar-natuva
    @sridhar-natuva 7 років тому +1

    Nice.. Can you compare Indian tax system with other countries. I want to understand where india stands in collecting tax.

  • @nagesh007
    @nagesh007 7 років тому +1

    amazing.. thank you so much for teaching GST in deadly awesome way.

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @Udit22
    @Udit22 7 років тому +1

    Amazing video and perfect drawing skills

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @rohithrao1993
    @rohithrao1993 7 років тому +1

    just want to say THANK YOU! was looking for a video like this.

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому +1

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @SVDwarakesh
    @SVDwarakesh 7 років тому +1

    Wonderful job.
    I will surly share this to my friends.

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @pradeepneerudi
    @pradeepneerudi 7 років тому +1

    Thank you for explaining it very clear

  • @MM-qc9kl
    @MM-qc9kl 7 років тому +1

    Thank you so much! You explained everything in an easy and understandable manner. :D

  • @darshilyatinshah9904
    @darshilyatinshah9904 7 років тому +1

    excellent!!! thanks for putting in the time and efforts for making this presentation!!!

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @madhudarish9142
    @madhudarish9142 7 років тому +1

    atlast i underatood what GST is n how it works.. thanks for the comparison n the way you be explained, Boxer.. looking forward for such economy concept based vidoes ... all the best.. keep up the good work..

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @archiebiswas21
    @archiebiswas21 7 років тому +1

    very nice and simple video, good job. keep up the good work.

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому +1

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @araliravi
    @araliravi 7 років тому +1

    very good to understand the basics of the GST......

  • @ashishrana1985
    @ashishrana1985 7 років тому +1

    I just shared to my friend list. I must say that It is one of the best presentations I ever saw. Very well explained. Too good. Thank You.

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @bhumipsafi9948
    @bhumipsafi9948 7 років тому +1

    nice and simple explaination
    what matters is everybody understands.
    if you explain it in simple way, you understand it very clearly...
    BTW i like English Vinglish and Hindi medium movies...

  • @NylonStrings83
    @NylonStrings83 7 років тому

    "exercise tax " pretty much sums its up how educated this person is on the subject of taxation

  • @snehlathia3536
    @snehlathia3536 6 років тому

    Thank you,
    Sir your video helped me a lot with my grading project on GST.
    I would recommend your channel to my friends who are currently on this project too.

  • @viveksangwan1010
    @viveksangwan1010 7 років тому +1

    how come a jam bottle come in d luxurious items category whereas AC nd car in general items list...???

  • @abhishekjaiswal2140
    @abhishekjaiswal2140 7 років тому +1

    good video but there is a thing called "cenvat credit" that prevails in current system of taxation.

  • @madhuri6768
    @madhuri6768 7 років тому +2

    *besides small mistakes.. its most nice explaination...* 💗💗💗

  • @cclranchi6449
    @cclranchi6449 7 років тому +1

    very well explained in simplified and interesting way.

  • @MontoTheGreat
    @MontoTheGreat 7 років тому +1

    yes it's not exercise duty it's actually excise duty.
    Apart from that good explanation thank you ..

  • @baldeepsingh534
    @baldeepsingh534 7 років тому +1

    explained very well i was soo confused about this gst

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @lunvontawizotal4308
    @lunvontawizotal4308 7 років тому +1

    short and simple..thanx...btw what is the app that you used..??

  • @syedatifhussainin
    @syedatifhussainin 7 років тому

    excise tax is calculated after a trade discount on the MRP and after adding CST and VAT the total taxes add up to 18 percent.

  • @dhruv1019
    @dhruv1019 3 роки тому

    I find it extremely hilarious that you have one high effort video about Indian economy and the rest are just miscellaneous topics that do not belong with each other at all. In any case, thanks for the explanation, this was pretty neat.

  • @pavankanvas8154
    @pavankanvas8154 7 років тому +1

    so you say in.gst is levied on profit at every stage. right?

  • @gadjodilo22
    @gadjodilo22 7 років тому

    Love it, GST is exempted on Alcohol, how convenient. and clothes are charged more..... got to love it!!

  • @Nj01993
    @Nj01993 7 років тому +1

    really good video... but when a tax at each stage is from the profit than the actual value of the product will it not reduce the income for the govt??

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Yes brother ! but eventually when the system will become more and more transparent... It will Start increasing the Govt income the tax chori will be reduced much.

  • @RohanSharma-gp1oi
    @RohanSharma-gp1oi 6 років тому

    as you explained that in gst the final good price will be of 160/- but what about the (5+2+2+2) which is charged on the profit ?

  • @gosmart_always
    @gosmart_always 7 років тому +2

    Need to see how it is implemented on various goods and how consumers are benefited.

  • @Bonesandjointz
    @Bonesandjointz 7 років тому +1

    Wonderful video. Thank you

  • @reet6859
    @reet6859 7 років тому +1

    Very nicely explained
    I will share this further

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @vaishuks17
    @vaishuks17 7 років тому +2

    Very useful
    Thank you
    I hav few more doubts regarding banking
    Can I post the question here ???

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @prat3341
    @prat3341 7 років тому

    Hello sir... a nice video..
    I own a paint manufacturing plant.... so can u tell me what effect will be of gst on it... what will the tax on paints...

  • @mohitr5768
    @mohitr5768 7 років тому

    awesome video but can anyone clear my doubt??
    *what happens to laptops an phones?*

  • @vasanthkumar4791
    @vasanthkumar4791 7 років тому +1

    Awesome Work Bro !! Ur Explanation was very Good . And i like the way to React to the Negative Comments too . Keep Going !! All the Best 😊😊

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @swanandmajgaonkar6504
    @swanandmajgaonkar6504 7 років тому +1

    HI
    Kindly inform me GST will levied on Cost of Goods or Profit earned by Provider of Goods and services ???
    as per above explanation in GST System and Current System (4:35) It indicates that GST will levied on Profit of Provider of Goods or Services
    kindly answer
    thanks for Video its Really nice and easy to understand.

  • @subinantony918
    @subinantony918 7 років тому +1

    Nice explanation like a layman term. Thanks🙂

  • @drswapnilgarde
    @drswapnilgarde 7 років тому +1

    very concise and to the point video. liked it

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @rajasekhar5872
    @rajasekhar5872 7 років тому +1

    Concept is pretty good,,Guys come on, plz encourage him!

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks a lot Raja Sekhar

    • @rajasekhar5872
      @rajasekhar5872 7 років тому

      If it possible, plz prepare another video which it contain detail about GST with the live examples which we will face from July month onwards

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      +Raja Sekhar I will try

  • @hashimarafath789
    @hashimarafath789 7 років тому +1

    fantastic one.. need more like this..

  • @MrJayesh05
    @MrJayesh05 7 років тому

    If I am not wrong. In the current system at every stage Tax credit is provide to seller. If Manufacturer has paid 10 Rs tax then Distribute has to pay tax only on the Profit which he earned. In the given example, Manufacturer has to pay only 2 Rs.

  • @VeeraMaddiyawar1
    @VeeraMaddiyawar1 7 років тому +1

    very good and very easy to understand. thank you

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @isaikrishna6862
    @isaikrishna6862 7 років тому +1

    Explanation is super and extraordinary.

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @vaibhavgrd
    @vaibhavgrd 7 років тому +1

    it was for layman.. more mistake... but would like to know how it is filled by retailer who don't know computing and claiming of return on exact same good while resseling

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @sohamgurjar4253
    @sohamgurjar4253 7 років тому +1

    one query sir
    if Gst is not applicable to alcohol for drinking that means state tax would be applied on alcohol.

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      +soham gurjar correct

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @devisharma7201
    @devisharma7201 7 років тому +1

    Loved your video. Would be great if you could share the sources too, for people who want to know a bit more.

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @harshavardhanreddy446
    @harshavardhanreddy446 7 років тому +1

    awesome bro... everyone should know about GST.

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @naveenpauls
    @naveenpauls 7 років тому

    I have one doubt, in that example tax which is paying to the government is less than previously so will it be negative impacts on government day today expenditure???

  • @GagandeepSingh1984
    @GagandeepSingh1984 7 років тому +1

    good shot on the quick info.. Thanks a lot!

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @pragyabhatnagar8058
    @pragyabhatnagar8058 5 років тому +1

    the animation is stupendous, great work!

  • @mahalaxmiathithan44
    @mahalaxmiathithan44 7 років тому

    it's simple n good to understand ur way. this is info is sufficient for general public to understand. though professionally GST has much more things to talk about...

  • @viveksamrat8604
    @viveksamrat8604 7 років тому +1

    its a good thing
    I am so confused about GST Before watching this.....

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @tpschahal
    @tpschahal 7 років тому +1

    But the only thing concerning here is that how government can ensure that retailer is going to decrease the price ? Is there any cap on profit by retailer ?
    like in this example, earlier final retail price was 219.23 and after GST it is 160,
    as a retailer, in order to keep my profit i would still be charging customer the old rate.
    Like in case of service charges, most of the restaurant still demands for 10% service charges, even after government has passed the bill.

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      It will take time to stabilize GST and govt to keep GST running.

  • @rounakramkar6980
    @rounakramkar6980 7 років тому +1

    sir i think alcohol lies in habitual goods of GST slab which have 28% tax...sir plz clarify my ques.

  • @sarangbirhade6354
    @sarangbirhade6354 7 років тому +1

    Nice video. keep doing more like this.. very well explained excepting some minor mistakes which we can tolerate. 👌👍

    • @aggarwalabhishek
      @aggarwalabhishek  7 років тому

      Thanks I created a video which tells the details after implementing GST
      ua-cam.com/video/7t2Bfd-N5wo/v-deo.html

  • @saisirisha2022
    @saisirisha2022 5 років тому +1

    This is helpful to my seminar...tq

  • @abhishektanwar993
    @abhishektanwar993 7 років тому

    simple question: want to buy FZ 25. it is 250cc. Does its cost increase or decrease?.
    Why petrol nt included in GST?