GST (Goods and Services Tax) is a value-added tax levied on the supply of goods and services in India. It replaced several indirect taxes like excise duty, service tax, VAT (Value Added Tax), and others, streamlining the taxation system and promoting a unified market across the country.

GST (Goods and Services Tax) is a value-added tax levied on the supply of goods and services in India. It replaced several indirect taxes like excise duty, service tax, VAT (Value Added Tax), and others, streamlining the taxation system and promoting a unified market across the country.