GST, short for Goods and Services Tax, is an indirect tax that has substituted various other indirect taxes in India, including excise duty, VAT, and service tax. The Goods and Services Tax Act was approved by Parliament on March 29, 2017, and was implemented on July 1, 2017. In essence, GST which can get GST registration in Coimbatore is applied to the supply of goods and services. It is a comprehensive, multi-stage, destination-based tax applied to every value addition. GST functions as a single domestic indirect tax law for the entire nation. Why is GST used? GST aims to improve tax compliance by integrating more businesses into the formal economy. Its transparent tax system, supported by digitized processes and electronic records, helps reduce tax evasion and enhance transparency. GST is a destination-based tax applied at every stage of the supply chain, from manufacturer to consumer. It is levied on the value added at each stage, facilitating a seamless flow of cr