Before we proceed further, let us know What is GST? It is GOODS AND SERVICE TAX , it is Indirect tax levied on Goods and Services. GST is the Comprehensive Indirect tax that was designed to bring all Indirect taxation under one Umbrella or it subsumes many Indirect taxes which were imposed by Centre and State such as excise , VAT and Service Tax. Why so? Because of GST , it is going to eliminate the Cascading effect of tax i.e tax on tax and this is the biggest advantage of GST.
https://www.rbgconsultant.com/blog/gst-registration-in-india
No comments:
Post a Comment