GST Explained in Simple Terms

GST Explained

Hi Everyone!
GST stands for Goods and Services Tax. GST is going to be implemented by 1 july 2017. For an indian citizen it is necessary to know about it and understand how and on whom it will be applicable. That is why i am writing this article so that everyone whether a business person or an individual whoever reads this article gets a glimpse of what GST actually is and how it is applicable on them and why it is necessary.

First of all there are two types of taxes we in india pay to the government.
1. Direct Tax
2. Indirect Tax
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