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 What is GST
 What are its Benefits
 VAT/GST a global phenomenon
Taxes to be subsumed
 Rates suggested by GST Council
 Compliances – Monthly Returns
GST (Goods and Service Tax)
• Goods and service tax (GST) is a
comprehensive tax levy on manufacture, sale
and consumption of goods and service at a
national level.
• Gst is a tax on goods and services with
value addition at each stage.
• Gst will include manystate and central level
indirect taxes.
• It overcomes drawback present tax system.
Benefits Of GST
By - Varun Bhandari

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Gst 171202080331

  • 1.
  • 2.  What is GST  What are its Benefits  VAT/GST a global phenomenon Taxes to be subsumed  Rates suggested by GST Council  Compliances – Monthly Returns
  • 3. GST (Goods and Service Tax) • Goods and service tax (GST) is a comprehensive tax levy on manufacture, sale and consumption of goods and service at a national level. • Gst is a tax on goods and services with value addition at each stage. • Gst will include manystate and central level indirect taxes. • It overcomes drawback present tax system.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9. By - Varun Bhandari