Goods and Services Tax (GST) is a comprehensive indirect tax that replaced multiple indirect taxes levied by the Central and State Governments in India. GST is a destination-based tax, which is levied on every value addition that takes place during the supply chain. All businesses registered under GST are required to comply with various provisions…
Tag: gst revocation process
What is the Procedure for Revocation of Cancelled GST?
A value-added duty known as the Goods and Services Tax( GST) was enforced in India in 2017. It replaces a number of circular levies that the city and state governments preliminarily assessed on the force of goods and services at the public position. Depending on the good or service delivered, different rates of GST are…