Goods and Services Tax (GST) is an indirect tax used in India on the supply of goods and services. Goods and services are divided into five different tax slabs for collection of tax: 0%, 5%, 12%, 18% and 28%. However, petroleum products, alcoholic drinks, and electricity are not taxed under GST and instead are taxed.The tax came into effect from 1 July 2017

 

 

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Trumints Services is one of the best consultancy companies in India, having 2 years of experience in business formation across India. Our strong relationship with the government officials, necessary authorities, and expertise in the consultancy field makes it easier for us to set up a business in India.

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