Understanding GST in India: Simplifying the Taxation System
GST, or Goods and Services Tax, is a tax system implemented in India on July 1, 2017. It is a comprehensive indirect tax that has replaced multiple taxes such as VAT, Service Tax, Excise Duty, and others, simplifying the taxation system in the country.
The introduction of GST has been one of the most significant tax reforms in India's history. GST has unified the country's tax structure,...