How GST is beneficial for traders ?

A trader could be eligible for input tax credit under GST. This would allow them to pay tax on domestic purchases of goods and services, which is not possible under the current indirect tax system. A significant amount of indirect taxes, such as Central Excise and Service Tax, are part of the trader's cost component. GST will change this. All taxes paid by him will be taken into credit. GST is expected to significantly reduce import costs. The traders will see a significant increase in input tax credit for their operating expenses, which will help decrease their operating costs. GST has taken CST that was not creditable and subsumed it. This will bring huge benefits to traders. GST also includes entry tax. Traders will greatly benefit from the removal of CST and entry taxes. Traders will have the ability to sell their products to remote areas.