Gst meaning: Learn GST full form

Learn GST full form, meaning , types, and objectives with a clear guide to understand its role and impact in India’s tax structure. The Goods and Services Tax (GST ) is a value-added tax levied on most goods and services sold for domestic consumption. The Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based indirect tax levied on the supply of goods and services in India. Introduced on 1st July 2017, GST subsumes various indirect taxes such as VAT, service tax, excise duty, and others into a single, unified tax system. GST stands for Goods & Services Tax. It is a tax levied on the supply of goods and services in India It is one tax which is applicable all over India.