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What is Overview of India about?

The Goods and Services Tax (GST) in India was recommended by the Kelkar Task Force in 2005 and officially launched on July 1, 2017, following a dual model where both Central and State governments levy taxes. The GST framework includes provisions for the GST Council, which advises on tax rates, exemptions, and other related matters, and the GST Network (GSTN) that facilitates the IT infrastructure for GST processing. Additionally, the GST (Compensation to States) Act, 2017 ensures compensation to states for

Author

nikhilvnaidu130503

Language

EN