Check the GST Full Form and other details such as GST history, implementation, tax slabs, components, advantages, and more. Find what is the full form of GST here. Good and Services Tax ( GST ) is an Indirect Tax which has replaced many Indirect Taxes in India. Goods & Services Tax Law in India is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. GST stands for Goods and Services Tax which is a comprehensive indirect tax system levied on the supply of goods and services in India. GST was introduced to replace multiple indirect taxes that were previously levied by the central and state governments in India. What is the GST Full - Form and Meaning? Meaning: The GST framework in India demonstrates a radical change in the indirect tax structure by replacing multiple fragmented taxes with a single comprehensive destination-based tax.
