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National GST Day - GST 5 years of Rollout | Know Everything About GST | Kowshik Maridi
India celebrates July 1 as the GST Day to commemorate the implementation of the Goods and Services Tax (GST) that replaced the old indirect tax regime in the country. Unlike before against a complicated skewered taxation system, this new reform simplifies things so to only have one tax for products and services." GST is a multi-stage, indirect consumption-based tax system that subsumes a host of domestic indirect taxes such as service tax, value-added tax, purchase tax, excise duty, and others under one head.
In this Video, we will explain everything about GST and the Vision for Indian Economy.
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