Types of Goods and Services Tax: Types of GST in India

In India’s tax system, the Goods and Services Tax (GST)stands as a transformative dynamism, restructuring value-added tax levied to the nation’s financial architecture since July 1, 2017.
This revolutionary tax system replaced a complicated indirect tax and aimed to create a unified market by bringing together the various economic spheres under one umbrella. However, Understanding the types of Goods and Services Tax can be a tough task, especially considering the various types that exist within the system.

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