♢ GST stands for goods and services tax. ♢ It is considered as the biggest taxation reform in the history of indian economy. ♢ It is introduced in the parliament as the constitution amendment act of 2016 and regulated by the Union finance ministry of india.
Types of gst are -
1) CGST ( Central goods of service tax ) 2) SGST ( state goods and services tax ) 3) IGST ( Integrated goods and service tax )
Answers & Comments
The answer of ur question is -
♢ GST stands for goods and services tax.
♢ It is considered as the biggest taxation reform in the history of indian economy.
♢ It is introduced in the parliament as the constitution amendment act of 2016 and regulated by the Union finance ministry of india.
Types of gst are -
1) CGST ( Central goods of service tax )
2) SGST ( state goods and services tax )
3) IGST ( Integrated goods and service tax )
hope it helps