Ad-Free CAclubindia and daily updates on your mobile. Subscribe Now!

Easy Office

What is the real meaning of GST and why its important ?

Krish Gour (1 Points)

20 August 2021

i cant understand deeply in GST so please explain in GST and why its important..

Reply
Follow
Share

1 Replies

Akash Munne (29 Points)
Replied 20 August 2021

There are two types of taxes in India ie Direct Tax and Indirect Tax. Income Tax is Direct Tax levied on income earned and GST (Goods and Service Tax) is indirect tax levied on supply of goods and services. It applies on supply of every goods and services except 5 petroleum products.

Upgrade to CAclubindia Pro. Subscribe Now!

Join CCI Pro

Recent Topics

More recent discussions | Post

Related Threads

Popular Discussion

Start a New Discussion

easyoffice

CCI Pro

Trending Online Classes

Certification Course on Chat GPT and AI Tools for Professionals

CA Deepak Gupta

Enroll Now

03 June 2024
"Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"

CA Vishal Zawar

Enroll Now

11 June 2024
Live Course on PF & ESIC - Advance Course(with recording)

Mr.Balamurugan Ranganathan

Enroll Now

30 May 2024

view all classess

Subscribe to the latest topics :

Search Forum:

Forum Home

Popular Threads

Recent Posts

Unreplied Threads

Settings