GST (Goods and Services Tax) is a unified, indirect tax applied on the supply of goods and services across India. It was introduced on 1 July 2017 under the Goods and Services Tax (GST) to replace multiple indirect taxes like VAT, service tax, excise duty, etc.
GST is a destination-based tax, meaning it is collected where the goods or services are consumed, not where they are produced. It is broadly divided into: CGST (Central GST) – collected by the central government, SGST (State GST) – collected by the state government, IGST (Integrated GST) – for interstate transactions.
AccountingEra has completely streamlined our accounting and compliance processes. Their team is proactive, detail-oriented, and always available to guide us through complex regulations. We now operate with greater financial clarity and confidence. Highly recommended for growing businesses.
Working with AccountingEra has been a game-changer for our business. From GST filings to financial advisory, everything is handled with precision and transparency. Their practical approach and timely execution give us complete peace of mind.
AccountingEra is more than just a consulting firm — they are a strategic partner in our growth journey. Their financial insights and compliance support have helped us make better decisions and stay ahead of regulatory requirements.
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