Understanding Goods and Services Tax (GST)

Alisha Joy06 Aug, 2024Fashion

The Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax in India, merging various indirect taxes into one. It includes Central GST (CGST), State GST (SGST), and Integrated GST (IGST), promoting a uniform tax rate nationwide on goods and services, enhancing compliance, and reducing evasion.