What is the difference between ITR filing and GST filing?

Mani189718 Jul, 2022Business

There has been a lot of confusion between an income tax and GST since the government introduced the new tax system. It is important to understand the crucial differences between ITR and GST filing. Taxes are classified into two major categories, i.e., direct taxes, and indirect taxes. Direct tax is imposed on your income, while indirect taxes are levied on people buying goods and using services. The GST comes under an indirect tax, while the income tax is a direct tax. Go through this article to better understand taxes, ITR filing, and GST filing.