Introduction to GST

The Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods, or service, or both in the supply chain process.

If the GST functionality is implemented:

  • The tax is collected by the state where the goods and services are consumed, as GST is a destination based tax.
  • The same tax is applicable on the supply of goods, or service, or both.
  • A single registration number is applicable at the state level.
  • Input tax credit can be availed for the supply chain process.
  • The returns filed are applicable for all the taxes.

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