GST, an acronym for Goods and Services Tax, is an indirect tax in India that has replaced various other indirect taxes such as excise duty, VAT, and service tax. The Goods and Services Tax Act was passed by Parliament on March 29, 2017, and came into effect on July 1, 2017. In essence, GST applies to the provision of goods and services. GST is a thorough, multi-stage tax applied at each stage of value addition, based on destination. It functions as a cohesive national framework for indirect taxation throughout the country. Why is GST used? GST aims to enhance tax compliance by integrating additional businesses into the formal economy. Its transparent tax structure, bolstered by digital processes and electronic records, aids in minimizing tax evasion and promoting transparency. GST is a destination-based tax imposed at each point of the supply chain, spanning from manufacturer to consumer. It is levied on the value added at every stage, facilitating smooth credit flow and allevi