Goods and Services Tax (GST) | Best Gst lawyer in luckbnow | GST registration
Goods and Services Tax (GST) in India is a comprehensive indirect tax levied on the supply of goods and services within the country. It was introduced on July 1, 2017, with the aim of creating a unified tax structure and eliminating the cascading effect of multiple taxes. GST replaced various indirect taxes levied by the central and state governments, such as excise duty, service tax, VAT, and others. GST in India is structured into four main tax slabs: 5%, 12%, 18%, and 28%, with certain goods and services attracting a 0% tax rate (exempted items) or a higher rate as applicable.
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