What is GST, what is the full form of GST in english

The full form of GST is Goods and Services Tax, it is an indirect tax, if we understand its meaning, it is paid on the purchase of such goods and use of services.

What is GST, What is the full form of GST in english

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, before that the central government had to pay a separate tax and the state government had to pay a separate tax, such as excise duty. And to send the product to any state, the state had to pay the entry fee.

In view of this problem, the Central Government started the system of paying one-time tax instead of removing all the taxes, which we call Goods and Services Tax  {GST}, it was established on 1st July 2017.

In this article you learned what is GST and GST full form in English, we hope this information will prove useful for you.

Leave a Comment

Your email address will not be published. Required fields are marked *