< iframe size="480" height="320" src="https://www.youtube.com/embed/MlMLX_xNpJM?rel=0" frameborder="0" allowfullscreen >< img style="float: left; margin:0 5px 5px 0;" src="http://taxdr.org/wp-content/uploads/2021/10/2zFaOm.jpg"/ > Please click on the below link for additional information: https://cleartax.in/s/gst-law-goods-and-services-tax The GST trip began in the year 2000 when a committee was established up to draft legislation. It took 17 years from after that for the Regulation to develop. In 2017, the GST Bill was come on the Lok Sabha and also Rajya Sabha and also the GST law entered force from 1st July 2017. GST represents Item and also Solutions Tax Obligation, and it is levied on the supply of goods as well as services. GST is a single domestic indirect tax law for the entire nation. GST Legislation in India is a detailed, multi-stage, destination-based tax obligation that is imposed on every worth enhancement. It is an indirect tax which has actually changed lots of indirect taxes in India, such as the excise duty, VAT, services tax obligation, etc. The parts, how GST helps in decrease of expense and also benefits of GST are likewise described in this video clip. #GST #GSTBasics #GSTAdvantages #IndirectTaxLaw