GST Full Information
GST Full Information The Goods and Services Tax (GST) is an indirect tax system that was implemented in India on July 1, 2017. GST has replaced various indirect taxes such as excise duty, service tax, VAT, etc., and has brought about a uniform tax structure across the country. GST is a destination-based tax, which means that the tax is levied at the place of consumption of goods or services. It is a value-added tax, which is calculated on the value addition at each stage of the supply chain. GST in India: GST in India is governed by the Goods …