lex-o-pedia
What is the concept of Goods and Services Tax (GST)?
The Goods and Services Tax (GST) is a unified, destination-based tax on goods and services in India, replacing multiple indirect taxes. It ensures seamless tax credit, eliminates cascading effects, and is structured under CGST, SGST, and IGST for efficiency.
lex-o-pedia
What is the concept of Goods and Services Tax (GST)?
The Goods and Services Tax (GST) is a unified, destination-based tax on goods and services in India, replacing multiple indirect taxes. It ensures seamless tax credit, eliminates cascading effects, and is structured under CGST, SGST, and IGST for efficiency.
