What is GST? And it’s Benefits.
Nowadays we can see there are lots of new software is coming related to GST like normal GST software, GST billing software etc. this is because to make your work easy, to reduced cost and proper workflow. First, we should learn about GST What is GST? GST is a major step towards improving the tax structure of India. Goods and Service Tax is an indirect tax law. GST is an integrated tax that will look at both goods and services. With the introduction of GST, the entire country will be transformed into a unified market and mostly indirect taxes such as central excise, service tax, VAT, entertainment, luxury, lottery tax etc. will be included in GST. This will take the same type of indirect taxes across India. India's previous tax structure was very complex. According to the Indian Constitution, in past, the Central Government has the right to impose taxes on the production of the state government and the goods and services, mainly for the sale of commodities. Due to this,...