Goods and Services Tax (GST): GST is the most common indirect tax, replacing an array of other indirect taxes in India, such as value-added tax, service tax, excise duty, purchase tax, and more.

The National Assembly (NA) yesterday adopted the Goods and Services Tax (Amendment) Bill, reducing the applicable GST rate to 5 percent for taxable goods and services, as proposed by the Economic and ...

What is GST? The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of ...

Also, the two ministries may make a recommendation to India's Good and Services Tax Council to lower the goods and services tax (GST) on solar panels to 5%, from the 12% imposed in 2021, ...

GST exemptions include rice, cooking oil, salt, sanitary pads, and electronic wheelchairs. Thukten Zangpo. The National Assembly (NA) yesterday adopted the Goods and Services Tax (Amendment) Bill, ...