GST is planked as a “One Nation One Tax” which is a misnomer in many ways. First of all we have come out with a dual system of GST where every transaction will suffer two Taxes, being CGST and SGST, when a transaction is done Intra-State, and IGST in case of an Inter-State transaction. Secondly, different rates have been proposed for different types of Goods and Services which vary from 0% to 28%. For Event Management and most of the Services, the rate will be 18%. This will be split between CGST and SGST in case of Intra-State supply of Goods or Services or both. Many of the provisions of GST Law are equally applicable to Goods and Services, however it would pertinent to mention that most the existing provisions of State VAT Laws, Central Excise Laws and Services Tax Laws have been incorporated to GST.