India's unified indirect tax replacing VAT, excise, and service tax. Four main rates: 5%, 12%, 18%, 28%. Businesses above ₹20 lakh (services) or ₹40 lakh (goods) turnover must register. B2B purchases qualify for input tax credit.
What is GST (Goods and Services Tax)?
India's unified indirect tax replacing VAT, excise, and service tax. Four main rates: 5%, 12%, 18%, 28%. Businesses above ₹20 lakh (services) or ₹40 lakh (goods