Starting off with what is GST (Goods and Service Tax), it is a destination-based tax based on the consumption of services and goods. Replacing the multiple State and Central Government taxes, the GST came into effect on July 1, 2017. The GST Council which contains a finance minister of central and all states governs the rules, rates, GST certificate, and regulations with GST Registration. It tax varies from 0% to 28% depending upon the nature of good and services that …
