India’s Goods and Services Tax (GST) is a single, unified indirect tax, but it has different components depending on who collects the tax and where the sale takes place. These components are: Let’s understand each one in simple language. 🔹…
Category: GST (Goods and Services Tax)
GST (Goods and Services Tax) is one of the biggest tax reforms in Indian history. But it wasn’t introduced overnight. The journey of GST in India started more than 20 years before its actual launch on 1st July 2017. Let’s…
If you’re new to the world of taxes, you may have heard the word GST often. Whether you’re a business owner, a shopkeeper, a freelancer, or a common consumer – understanding GST (Goods and Services Tax) is important. In this…