Online Accounting With GST
WHAT IS GST?
GST is one indirect tax for the whole nation, which will make India one unified common market.
GST Billing is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage. The final consumer will thus bear only the GST charged by the last dealer in the supply chain, with set-off benefits GST Accounting at all the previous stages.
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