The Goods and Services Tax (GST) is a unified, multi-stage tax system in India, introduced to replace various indirect taxes. It applies to the supply of goods and services, collected at each production stage and distribution based on the consumption destination. GST simplifies taxation, enhances compliance, and promotes a unified market, driving economic growth. Individuals aiming to understand and comply with GST regulations can benefit from GST Training in Chennai, offered by FITA Academy, which provides comprehensive education on GST laws and procedures.
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