About this document

Overview of Goods and Services Tax (GST) by Shruti is a document available to read on EtoBox.

Goods and Service Tax (GST) is an indirect tax that has replaced multiple indirect taxes in India. GST is a comprehensive, multi-stage tax applied on the supply of goods and services. It is levied as a destination-based tax, which means it is collected from the point of consumption. There are four GST tax slabs of 5%, 12%, 18%, and 28% applied to different goods and services. Certain essential goods and services are exempted from GST. The GST system aims to simplify taxation and provides businesses input ta

Author

Shruti

Language

EN