Introduction of GST and how to get your business registered for GST
Summary : GST is a complex topic for many, thus I am here to explain it simply and get you enlightened. Learn how important GST is and how businesses can register for GST . Body: Since the implementation of GST in India in July 2017, people have been affected in a severe way and have been showing interest in understanding what GST is and how it works. Since then GST has become a hot topic, therefore I, Nihit Dalmia, am here with a blog on GST. We are all waiting for a proper explanation of GST, so let us get started and know what GST is and why was it introduced in India all of a sudden. Along with that, we shall also discuss its impact and how businesses can register for GST. Although the concept of GST was first discussed in the year 2000, it was ultimately implemented in 2017. GST was actually introduced in India to level out all types of goods and services across the nation. The taxes that are levied on the state and central, are collectively known as GST. In layman’s terms