What is Goods and services tax in India

By | January 21st, 2019|Categories: GST Registration|Tags: , , , , , , , , , |

What is Goods and services tax?  Goods and services tax (GST) is a consumption-based tax ultimately borne by the end consumer of goods or service. Businesses and consumers pay GST on their purchases throughout the value chain. It was passed in Parliament on 29th March 2017 but the Act came into effect on 1st July 2017 in India. [...]