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GST (Good Service Tax)

What Is GST?

GST stands for Goods and Services Tax. It is a consumption-based tax levied on the supply of goods and services in many countries around the world. The GST system aims to simplify the indirect tax structure by replacing multiple indirect taxes such as sales tax, service tax, excise duty, and value-added tax (VAT) with a single tax.

Here are some key points to understand about income tax:

GST filling

Gst Filling Benefits

01

Input Tax Credit (ITC)

02

Compliance with the law

03

Seamless flow of input tax credit

04

Enhanced business reputation

05

Access to government schemes and benefits

06

Efficient cash flow management

07

Transparent business environment

Types Of GST
in India -
CGST , SGST
& IGST

Types Of GST in India - CGST , SGST & IGST

CGST

Central GST or CGST that is collected by the Central Government

SGST

State GST or CGST that is collected by the State Government

IGST

IGST or Integrated GST that is collected by the Central Government

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