Goods and Services Tax (GST)

Goods and Services Tax (GST) is a simplified one-stop tax on the things we buy and services we use, aiming to streamline the tax system by combining various taxes into a single, more efficient approach.

Goods and Services Tax (GST) is a consumption-based tax levied on the supply of goods and services at each stage of production and distribution, aiming to streamline and unify the taxation system by replacing multiple indirect taxes, ultimately reducing tax cascading and promoting economic efficiency.

GST means combining different taxes into a single, more straightforward approach, which helps prevent taxes from piling up and makes things more efficient economically.