Tax
GST (Goods and Services Tax) Kya Hai? — Matlab, Definition & Example
Definition
GST India ka unified indirect tax hai jo VAT, service tax, excise duty ki jagah aaya. 1 July 2017 se lagu; September 2025 ke reforms ke baad do main slabs hain — 5% aur 18% — plus sin/luxury goods par 40%.
💡 Real Example
When you buy a phone for ₹20,000, you pay 18% GST (₹3,600), so the total price becomes ₹23,600. The GST collected is shared between Centre (CGST) and State (SGST).
🇬🇧 English Mein (GST (Goods and Services Tax))
GST is India's unified indirect tax that replaced multiple taxes like VAT, service tax, excise duty, and customs surcharge. Implemented on 1 July 2017; since the September 2025 reforms (GST 2.0) it has two main slabs — 5% and 18% — plus a 40% rate on sin/luxury goods. GST is managed by the GST Council headed by the Union Finance Minister.
❓ Common Questions
GST (Goods and Services Tax) kya hai simple words mein?
GST India ka unified indirect tax hai jo VAT, service tax, excise duty ki jagah aaya. 1 July 2017 se lagu; September 2025 ke reforms ke baad do main slabs hain — 5% aur 18% — plus sin/luxury goods par 40%.
GST (Goods and Services Tax) ka ek example do?
When you buy a phone for ₹20,000, you pay 18% GST (₹3,600), so the total price becomes ₹23,600. The GST collected is shared between Centre (CGST) and State (SGST).
GST (Goods and Services Tax) ko English mein kya kehte hain?
English mein ise GST (Goods and Services Tax) kehte hain. GST is India's unified indirect tax that replaced multiple taxes like VAT, service tax, excise duty, and customs surcharge. Implemented on 1 July 2017; since the September 2025 reforms (GST 2.0) it has two main slabs — 5% and 18% — plus a 40% rate on sin/luxury goods. GST is ma