List/Grid Tag Archives: GST guide

7 Things you must Know about GST
The goods and service tax is basically an indirect tax or a consumption
tax which was imposed on the supply of goods and services in India. It came
into effect from July 1, 2017. Replacing the multiple existing flowing taxes
which are levied by both the central and the state government, GST replaces all
of these indirect taxes with a federated tax reshaping the 2.6 trillion dollar
economy of the country.
Now here are7 things that you must have a knowledge about when it comes
to GST-
Input tax credit
Since GST has a feature of matching ...