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| Definition | : | Goods and Services Tax |
| Category | : | Governmental » Rules & Regulations |
| Country/ Region |
: | India
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| Popularity | : |
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| Type | : |
Initialism
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Goods and Services Tax (GST) is an indirect tax imposed on the supply of goods and services in India. The tax rate under GST are set at 0%, 5%, 12%, 18% and 28% for various goods and services.
GST replaced many indirect taxes in India like Value Added Tax (VAT) and service tax.
The full form of GST is Goods and Services Tax
Goods and Services Tax | Generation-Skipping Transfer | Danish Geodata Agency | Generalstaben | Groupe Socialiste des Travailleurs