What is GST?

GST( Goods and service tax) is an indirect tax which is levied on the supply of goods and services.

GST stands for Goods And serivce tax it is an indirect tax(refers to whose burden can be transfer to others i.e added in the value of goods)

GST (Goods and Services Tax) is India?s biggest indirect tax reform. A comprehensive dual GST was introduced in India from 1 July 2017. Current scenario of world economy depicts that more than 140 nations, worldwide use GST system. Like Canada, India adopted dual GST (CGST and SGST) syste


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Good service tax

I know about the full form
But I don't know about the meaning
Please explain GST in easy word for better understanding.

Goods Service Tax

Goods and Services Tax

Goods and services tax