GST Full Form – What Is It and How Does It Impact You?
Alisha Joy28 Jul, 2025Finance
GST Full Form is Goods and Services Tax, a unified indirect tax system introduced in India on July 1, 2017. It replaced multiple indirect taxes like VAT, excise duty, and service tax to create a single, nationwide tax structure. GST is applied at every stage of the supply chain and is divided into CGST (Central GST), SGST (State GST), IGST (Integrated GST), and UTGST (Union Territory GST) based on the nature of the transaction.
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