What is GST?
GST (Goods and Services Tax) is a single tax system introduced in India to replace multiple indirect taxes like VAT, Service Tax, and Excise Duty.
Instead of paying different taxes at different stages, businesses now follow one unified taxation system.
Why Was GST Introduced?
Before GST, businesses had to deal with many different taxes and complicated paperwork. This created confusion and increased costs.
GST was introduced to: