Goods and Service Tax 2017 – Overview of full GST Act in Brief

Goods and Service Tax 2017 - Overview of full GST Act in Brief. GST is considered as an indirect tax for the whole nation that would make India one unified common market. It is a tax which is imposed on the sale, manufacturing and the usage of the goods and services. It is a single tax that is imposed on the supply of the goods and services, right from the manufacturer to the customer. The credits of all the input taxes which are paid at each and every stage would be allowed in the subsequent stages of value addition that makes GST basically a tax on value addition only at every stage. The final consumers will bear only the tax charged by the last dealer in the supply chain with the set of benefits that are at all the previous stages. Now scroll down below n Download Goods and Service Tax 2017 in PDF Format.