One nation one tax
The Goods and Service Tax (GST) is tax reforms introduced in India on 01st July 2017. The GST is an indirect tax. The GST is a single tax applicable on Goods and Services journey from manufacturer till consumer. The GST provides a credit input on taxes paid at each stage of value addition made. The final consumer will have to pay only GST charged by the last dealer in the entire supply chain journey of goods or services with set off benefits during previous stages.
