GST Types in India (Business Opportunities - Other Business Ads)

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GST Types in India


Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. It has replaced many indirect taxes previously levied by the central and state governments.
There are primarily four types of GST in India:

Central Goods and Services Tax (CGST)
State Goods and Services Tax (SGST)
Integrated Goods and Services Tax (IGST)
Union Territory Goods and Services Tax (UTGST)

These types ensure a uniform taxation system and avoid the cascading effect of taxes, leading to a simplified and transparent tax regime in India.

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Last Update : Jul 15, 2024 6:37 AM
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