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Best Practical GST course in India
GST is an indirect tax imposed in India on the sale of goods and services from 0% to 28%. The GST is levied at variable rates on variable items. The tax rates, rules and regulations are governed by the Goods and Services Tax Council which comprises finance ministers of centre and all the states. IT is charged on all transactions such as sale, transfer, purchase, barter, lease, or import of goods and/or services. India adopted a dual GST model, meaning that taxation is administered by both the Union and State Governments. IT will be a game changing reform for the Indian economy by creating a common Indian market and reducing the cascading effect of tax on the cost of goods and services. It creates impact on the tax structure, tax incidence, tax computation, tax payment, compliance, credit utilization and reporting, leading to a complete overhaul of the current indirect tax system.
Practical GST course will not just make you understand all practical aspects of GST rules, tax input credits, new tax invoicing system however will let you grip all the Taxation functions required for GST in smart and independent way.