• RAVI RAUSHAN

GST is an Indirect Tax which has replaced many Indirect Taxes in India. The Goods and Service Tax Act was passed in the Parliament on 29th March 2017. The Act came into effect on 1st July 2017; Goods & Services Tax Law in India is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. In simple words, Goods and Service Tax (GST) is an indirect tax levied on the supply of goods and services. This law has replaced many indirect tax laws that previously existed in India. GST is one indirect tax for the entire country.

GST, ITC, Indirect Tax

"Need and Significance of Goods and Services Tax (GST) in India: - An Analytical Review on GST collection for the Financial year 2017-18 and 2018-19", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.607-612, June 2019, Available :http://www.jetir.org/papers/JETIR1907E83.pdf

"Need and Significance of Goods and Services Tax (GST) in India: - An Analytical Review on GST collection for the Financial year 2017-18 and 2018-19", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp607-612, June 2019, Available at : http://www.jetir.org/papers/JETIR1907E83.pdf