About Goods & Services Tax (GST)
Goods and Services Tax (GST) is a unified indirect consumption tax levied on the supply of goods and services in India. It replaced a multi-tiered indirect tax system (VAT, Service Tax, Excise Duty) to create a single national market.
GST transactions within a state (Intra-state) are split equally into Central GST (CGST), collected by the Central Government, and State GST (SGST), collected by the State Government.
