GST stands for Goods and Services Tax- the single biggest tax reform undertaken since independence to ease compliance. GST is a great step by Team India for transforming the economy, bringing in transparency and ushering in the system of “One Nation One Tax”. Now the multiple levies of centre and states were replaced by the single tax GST. GST provides a robust IT system for registration, returns, refunds, and tax payments. It also paves way for uniformity of tax laws and procedures across centre and states. GST is now helping to achieve seamless transfer of Input Tax Credit; reduction in compliance costs by eliminating the need to maintain multiple records for a variety of taxes; greater use of IT to reduce human interface between tax payer and administration. All these would lead to easy tax compliance environment. GST will be a single destination based consumption tax that will replace the
existing taxes, including CENVAT, Octroi, Sales Tax, and Excise Duty, etc.
Unlike the old tax structure, where the state of origin received tax revenue, in the new GST model the state in which goods and services are consumed is the state that will receive the revenue.
The list of goods which are not covered under GST includes (but is not limited to) petroleum products, alcohol/liquor for human consumption etc.
|GST Rate Finder App!
वस्तु एवं सेवा कर दर खोजक ऐप
|GST Rate Finder Web
वस्तु एवं सेवा कर दर खोज वेब
|E-version GST Fliers
वस्तु एवं सेवा कर ई-संस्करण दाखिलकर्ता
|GST Index Page
वस्तु एवं सेवा कर सूचि पृष्ठ
केंद्रीय अप्रत्यक्ष कर एवं सीमा शुल्क बोर्ड ऐप
|GST Help Desk
वस्तु एवं सेवा कर सहायता डेस्क