What is Goods and Service Tax (GST) / GST Explained in very simple language
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Day 2 – GST Simplified: What is Supply & How GST is Charged? CA Devesh Thakur Confused about what triggers GST? Let’s decode the core of GST – SUPPLY, types of supply & GST rate structure in this quick and easy reel! Threshold Limits for GST Registration: → ₹40L / ₹20L for Goods → ₹20L / ₹10L for Services Taxable Event = Supply → Includes supplies without consideration (Sch-I) → What is not treated as supply? (Sch-III) → Activities deemed to be supply (Sch-II) Types of Supply: → Intra-State = CG
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Explain how Goods and Services Tax (GST) has simplified the multiplicity of taxes on goods and services. - Economics | Shaalaa.com
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