What is GST?
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GST, or Goods and Services Tax, is a comprehensive indirect tax levied on the supply of goods and services across India. It is a destination-based tax, which means it is levied at the point of consumption rather than at the point of origin. GST aims to streamline the taxation system by subsuming various indirect taxes such as central excise duty, service tax, VAT, and others, into a single tax regime.