Goods and Services Tax, or GST, is a single tax that applies to the sale of goods and services throughout India. Introduced in 2017, GST replaced various older taxes like Value Added Tax (VAT), excise duty, and service tax, simplifying things into one clear tax system.
GST has different tax rates, known as GST slabs rates, which are currently set at 5%, 12%, 18%, 28% and 40%. These rates depend on the type of goods or services being sold. The GST Council oversees how these rates are set, and all the rules are laid out in the Goods and Services Tax Act, 2017.We will cover the latest GST updates and changes, explaining what's new and what it means for everyone in simple, easy-to-understand terms. You can read the full details at here: https://www.gst.gov.in
December 2025
01st December: The GST collection for November 2025 has crossed ₹1.70 lakh crore. View More
November 2025
- 20th Nov: The new advisory for taxpayers to update their bank account details as per Rule 10A.
- 01st Nov: The GST collection for October 2025 has crossed ₹1.95 lakh crore. View More
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