
This is What Validates Your Identity Under GST Law: A Proof You Must Have
This is What Validates Your Identity Under GST Law: A Proof You Must Have
Goods and services ( GST) is a comprehensive tax system that came into effect from 1st July 2017. It subsumed many taxes and levies like central excise duty, service tax, surcharges, additional customs duty. It is a Multi-level tax as it is applied to every stage of production, which is later refunded. It is a destination-based tax; The tax is collected from the consumer and not from the point of origin of a product or a service. Products that are not taxed under GST are taxed separately under state governments. Taxes collected earlier were from the point of origin. There are a lot of new changes that GST brought to the way taxpayers filed their taxes. The GST online portal is one of the major changes. But as peo...















