Good and Service Tax is the largest Indirect tax reform in India .Which is going to impact the way business is carried out at pan India level. It’s going to replace almost all the existing Indirect tax or levies like Excise Duty, Service Tax , VAT ande Entry Tax etc. So It’s impact will vary across the different kind of businesses.
It is a destination based tax. GST is one of the biggest indirect tax reforms in the country. GST is expected to bring together state economies and improve overall economic growth of the nation.