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<h1>GST Unifies Taxes, Boosts Economic Growth by Reducing Burdens and Enhancing Compliance; Alcohol, Some Petroleum Excluded</h1> The Goods and Services Tax (GST) is a destination-based tax on the consumption of goods and services, levied at all stages from manufacture to final consumption. It subsumes various Central and State taxes, such as Central Excise duty and State VAT, aiming to create a unified national market. GST is dual in nature, comprising Central GST (CGST) and State GST (SGST), with Integrated GST (IGST) for inter-state transactions. Certain commodities like alcohol and select petroleum products are temporarily excluded. The GST Council oversees tax rates and exemptions. The system promotes economic growth by reducing tax burdens and enhancing compliance through a transparent framework.