GST Act

The Goods and Services Tax (GST) Act is a comprehensive tax reform that was implemented in India on July 1, 2017. It replaced multiple indirect taxes levied by the central and state governments with a single tax.

Key Features

  • One Nation, One Tax
  • Input Tax Credit
  • Dual GST Structure
  • Composition Scheme
  • Threshold Exemption

This section will be updated with detailed information about the GST Act, including:

  • Complete text of the GST Act
  • Important sections and provisions
  • Latest amendments
  • Case studies and interpretations