GST Samjho hindi me 1.0

Goods and Services Tax (GST) is an indirect tax system that eliminates the tax-on-tax structure previously in place. It impacts both individuals and businesses, with tax rates ranging from 0% for essential commodities like gold, silver, and processed diamond, to 5%, 18%, and 28% for different goods and services. Small businesses are required to register for GST to comply with the law, needing to understand crucial aspects like E-Way Bills and GST Returns. Additionally, the concept of GST practitioners and reverse charge mechanisms play significant roles in the GST regime.