GST

Let us learn some of the GST terms that will be useful for any business, along with throwing insights on GST and its benefits.

WHAT IS GST?

• Single uniform indirect tax introduced to replace Central and State indirect taxes such as VAT, CENVAT, and others

• Applies on all types of businesses, small or large. This makes it one of the greatest tax reforms in the country

• Applicable to both goods and services

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TAXES REPLACED​​​

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REGISTRATION

The process of GST registration involves filling and submitting an online application in order to obtain an unique GST Identification Number (GSTIN).