2025年1月9日 · What is the GST framework as per the new law? GST is expected to replace a myriad of indirect taxes such as VAT, customs duty, Excise, CST, Service Tax, Entertainment Tax with a single tax called the Goods and Services Tax. Broadly there will be 2 forms of GST in India.

2024年5月1日 · What Is the Goods and Services Tax (GST)? The goods and services tax (GST) is a value-added tax (VAT) levied on most goods and services sold for domestic consumption. The GST...

2022年6月21日 · What is the Goods and Services Tax (GST)? What happens to mixed supply and composite supply under GST? Filing tax returns on time is an important part of being GST-compliant. Learn more about which returns your business needs to file, and how to file them on time. What are the different types of GST returns? Which returns should your business file?

2020年10月7日 · Goods and Service Tax (GST) is applicable in India from 1st July 2017. Before 1st July 2017, service tax applies to services and vat, excise duty, etc. apply to goods. After 1st July 2017, GST applies to trading and manufacturing of goods as well as on providing services.

2022年8月31日 · An ultimate guide to GST with all the basic concepts of IGST Act, SGST Act and UTGST Act. Read about all basic terms used in the GST.

Goods and Service Tax (GST) is applicable in India from 1st July 2017. GST system in India contains three types of GST – Central GST (CGST), State GST (SGST), Integrated GST (IGST). CGST & SGST is applicable on intra-state sales (i.e sales within same state) and IGST is applicable on inter-state sales (i.e sales outside state).

GST is known as the Goods and Services Tax. It is an indirect tax which has replaced many indirect taxes in India such as the excise duty, VAT, services tax, etc. The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017.

2024年2月13日 · Basics GST: The full form of GST is Goods and Services Tax. It is an indirect tax that has substituted many of India’s indirect taxes, including excise duties, VAT, services tax, etc. On 29 March 2017, the Goods and Services Tax Act was adopted in Parliament and entered into force on 1 July 2017.

GST (stands for Goods and Service Tax) is a comprehensive indirect tax to be levied on manufacture, sale, consumption of goods and services. For goods, GST is levied during supply. Hence, it is mandatory to raise a GST invoice during any supply of goods. The supply necessarily may not mean sale of goods.