GST is the sole circular tax for the entire country which is grounded on consumption of goods and services. The rules and regulations and tax rates are governed by the Goods and Service Tax Council which consists of the finance ministers of the Centre and all the countries. Goods & Service Tax rates vary from 0-28 depending on the type of service or Nature of Goods Your business is dealing with. The new GST registration process in India should be followed for the GST registration procedure.