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Goods and services tax

Goods and services tax

GST Changes in India

byfintooFebruary 22, 2022

Goods and Service Tax was a landmark act passed in the Parliament on 29th March 2017 and brought into effect on 1st July 2017. It was brought in order to unify several direct and indirect taxations while bringing in a comprehensive destination-based tax that supports federal tax contributions. In simpler terms, GST brought all the indirect taxes under one umbrella for the entire country. It...