Basics of GST Basics of GST, Goods and Services Tax, is a comprehensive indirect tax that was introduce in India on July 1, 2017, with the aim of simplifying the tax structure and eliminating multiple layers of taxation. Here are some key things one should know about GST: 1.GST is a destination-based tax: GST… Read More »
Introduction With the implementation of the Goods and Services Tax (GST), many consumers have been confused about whether they must still pay service charges at restaurants, hotels, and other service-oriented businesses. This article provides a step-by-step understanding of the service charge, its applicability after GST, its benefits, limitations, and frequently asked questions. Definition… Read More »
Types of GST In India, the GST is classified into four main types: 1.CGST : This is the GST levied by the Central Government on the supply of goods and services within a state. 2.SGST : This is the GST levied by the state government on the supply of goods and services within a… Read More »
