GST and Income Tax It follows a consumption-based model, where tax is collect at each stage of the supply chain, from the manufacturer to the end consumer. GST replaces multiple indirect taxes such as excise duty, service tax, and VAT, with the objective of establishing a unified market throughout the country… Read More »
Which State Does Not Accept GST in India? In India, the Goods and Services Tax (GST) is a unified tax structure implemented to simplify the tax system across the country. However, one region stands apart: Jammu and Kashmir (J&K). While J&K does have a tax framework similar to GST, it does not fully accept the… Read More »
Paying tax for salt There is no tax imposed on salt in India. Salt is consider an essential commodity and is exempt from any form of taxation, including indirect taxes like the Goods and Services Tax (GST). This exemption is in place to ensure the availability and affordability of salt for all individuals in the… Read More »
