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The Goods and Services Tax (GST), implemented in India on July 1, 2017, is a landmark reform that unified the country’s complex tax structure into a comprehensive tax system. Replacing numerous indirect taxes like VAT, service tax, and excise duty, GST operates under a dual model with Central GST (CGST) and State GST (SGST) for intra-state transactions and Integrated GST (IGST) for inter-state transactions. GST Training in Chennai, offered by FITA Academy offers crucial knowledge and abilities to handle the intricacies of GST rules for organizations looking to comply successfully.
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