The full form of GST is Goods and Services Tax, it is an indirect tax. In Hindi – Goods and Services Tax is if we understand what it means, it is paid on buying such goods and using services. What is the full form of GST.
What is GST
Earlier in our country, different taxes had to be paid for many different things. Due to which people had to face a lot of trouble, earlier the central government had to pay separate tax and the state government had to pay separate tax. Like excise duty and entry fee had to be paid to the state for sending the product to any state.
In view of this problem, the central government removed all the taxes and instead started the system of paying tax only once. What we call Goods and Services Tax (GST) was established on 1 July 2017.
In this article you learned what is GST and GST full form. We hope that this information will prove useful to you.