GST means goods and service tax levy on supply of Goods and Services. It is biggest tax reforms in indirect tax, previously we pay VAT on Goods and Service tax on supply of services but in GST there is one tax so that it is called "One Nation One Tax".
The Goods and Service Tax Act was passed in the Parliament on 29th March 2017. The Act came into effect on 1st July 2017; Goods & Services Tax Law in India is a comprehensive, multi-stage, destination-based tax that is levied on every value addition.
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