GST is a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India to replace taxes levied by the central and state governments. It was introduced as a single tax on the supply of goods and services, from the manufacturer to the consumer. The key features of GST include destion of cascading effect of tax on tax and a uniform tax rate across the country.
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Mathematics Project: Ryan Int. Icse Malad
GST is a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India to replace taxes levied by the central and state governments. It was introduced as a single tax on the supply of goods and services, from the manufacturer to the consumer. The key features of GST include destion of cascading effect of tax on tax and a uniform tax rate across the country.