This section gives a bird’s eye view of the GST law as applicable in India. GST or Goods & Services Tax is an indirect tax levied on almost all domestic sale of goods & services, subject to certain specific exclusions, exemptions, etc. It is also applicable on certain exports as well as import transactions of goods and services.
Please note that, the below booklet can be used to get a conceptual clarity of the subject, but should not be relied upon to take any major business decisions, since that requires an in-depth analysis and interpretation of legal provisions, and is a different time & effort consuming exercise altogether.
