GST is the new taxation structure that came into force from 1st July 2017. It has changed the whole system of tax payment from the states and central government. Every business, individual, or company who is providing the services, or is within the field of manufacturing or in selling [...]
Earlier there used to have multiple taxes such as VAT, Excise duty, Service tax, etc. But after implementing GST the government has eradicated the complex taxation system with a simple one tax. GST is an indirect tax that is levied on goods and services. AND Depending upon [...]
The Goods and Services Tax (GST) is a tax levied on the majority of goods and services sold for domestic consumption. GST is paid by consumers, but passed on to the government by companies selling goods and services.
