Across the nation, commodities and services are subject to the same indirect tax known as the Goods and Services Tax (GST). It is an umbrella tax that replaced cesses and surcharges on the supply of goods and services as well as central taxes like the central excise, service tax, additional duties of excise & customs, and special additional duties of customs. To achieve a non-intrusive administration, GST envisions that all transactions and operations will only be conducted electronically. This limits the taxpayer's direct contact with tax authorities. GST significantly minimises the amount of human interaction and is primarily technology-driven. GST was implemented to make doing business in India easier. For further information, download the Goods and Service Tax presentation.

Saranya R Kurup

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