All the taxes mentioned earlier are proposed to be subsumed in a single tax called the Goods and Services Tax (GST) which will be levied on supply of goods or services or both at each stage of supply chain starting from manufacture or import and till the last retail level. So basically any tax that is presently being levied by the Central or State Government on the supply of goods or services is going to be converged into GST.
One will find Latest GST changes and Council meeting updates
GST ITC available to Recipient only when supplier pay and file GSTR 1, which matches…
Starting, owning, or doing a business in India comes with important compliance that a business…
Starting, owning or doing a business in India comes with important compliance that a business…
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Introduction The 45th GST Council Meeting was held on 17th September, 2021 under the charimanship…
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