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What is GST Overview and Its Impact in India about?

GST, or Goods and Services Tax, is an indirect tax in India that replaced multiple existing indirect taxes and came into effect on July 1, 2017. It is a comprehensive, multi-stage, destination-based tax levied on every value addition throughout the supply chain. The primary objective of GST is to create a unified tax system across the country, simplifying tax administration and compliance.

Author

Shreay Agarwal

Language

EN