Tag Archives: #GSTLegislation

What are the things one should know about GST?

Basics of GST

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 »

What is the difference between interstate GST and intrastate GST?

Interstate GST and Intrastate GST

Interstate GST and Intrastate GST   GST is applicable to both interstate GST and intrastate GST transactions, each with its own set of tax rates and regulations. GST, which stands for Goods and Services Tax, is a comprehensive indirect tax introduce in India on July 1, 2017. It replaced multiple indirect taxes levied by the… Read More »