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5 Mins read
•GeneralHow GST Revolutionized India's Tax System since 2017?

Summary
GST, a unified tax replacing numerous indirect taxes, simplifies India's complex taxation and curbs tax evasion. Initiated in 2000 and implemented in 2017, its framework is built on SGST, CGST, UTGST, and IGST along with a multi-tier, destination-based system. This transformative approach fosters transparency and economic growth.