Goods & Service Tax (GST) is an Indirect Tax reform newly introduced in the Indian Indirect Tax System on July 01, 2017, to unify all the indirect taxes that prevails in the country. Before the introduction of Goods and Service Tax ( GST), there were diversified modes of taxes that prevailed in the Indian Indirect Tax System, which included State VAT, Central VAT, Excise Duty, Cess, and other local municipal taxes. The introduction of Goods and Services Tax in the Indian economy gives seamless opportunities to businesses here. The vital aspect seen after the GST implementations is simplifying procedural tasks, including GST registration, GST Return filing, and other litigation compliances. GST introduction enables the free flow of goods and services on Intra and Inter-State.

Goods and Service Tax (GST) was introduced to develop the competence of the Indian market with the world market. It is also a part of the One Nation, One, Tax One Market Reform. Goods and Service Tax ( GSTN) is a destination-based tax, which means the Place of supply will decide how a supply is taxed, i.e., SGST, CGST, UGST, or IGST. GST was introduced by consolidating existing taxes like Central Excise, Service Tax, State Vat, Entry Tax, Octroi, etc. GST Registration applies to all business forms like proprietorship, partnership firms, private companies, and LLPs. GST registration is unavoidable for even a small business in India in this competitive market. GST Registration helps small, micro, and medium businesses explore the opportunities to do business with corporate companies in India. So, the growth and development of every business have directly proportional to the Goods and service tax of the Country.