GST Course Class -1

What is the meaning of GST?

The meaning of GST is an indirect tax levied on taxable goods or services  GST is known as Goods and Services Tax. It is an indirect tax that has replaced many indirect taxes in India such as VAT, Services Tax, Excise duty, etc. The Goods and Service Tax Act was passed in Parliament on 29th March 2017 and came into effect on 1st July 2017.