Goods and services tax act came into effect from
In India and was to be
implemented By the Centre, 28 states and 7 union territories.
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GST is known as the Goods and Services Tax. It is an indirect tax which has replaced many indirect taxes in India such as the excise duty, VAT, services tax, etc. The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017.
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