PLS SOMEONE PROVIDE BRIEF ABOUT GST....... THANKS
BRIEF OF GST
Nitin Jain
GST Explained: A Value-Added Tax Replacing Multiple Taxes for a Unified National System on Goods and Services. A query about the Goods and Services Tax (GST) was initiated in a discussion forum, seeking a brief explanation. One response directed the inquirer to an external link for more information. Another response explained that GST is a value-added tax on the supply of goods or services, intended to replace various existing taxes like Central sales tax, State-level sales tax, and Service tax. GST aims to be a comprehensive system for indirect taxes on the manufacture, sale, and consumption of goods and services at a national level. (AI Summary)