GST full form is Goods and Services Tax. It has been introduced to replace multiple indirect taxes levied by the State and Central Government in India. This has simplified the indirect taxation system. Various indirect taxes subsumed in GST are :

  • VAT
  • Sales Tax
  • Service Tax
  • Entertainment tax
  • Octroi
  • CVD
  • etc

By amalgamating a large number of Central and State taxes into a single Tax GST has emerged out as biggest taxation reform in the economy post independence.

Being an indirect tax GST is inclusive in the MRP of goods purchased or fee of service paid by a person. GST is a comprehensive tax structure covering both goods and services viz. Goods and Services tax (GST). Simultaneous introduction of GST at both Centre and State levels has integrated taxes on goods and services for the purpose of set-off and ensure that the cascading effect of taxes is resorted to. Especially in cases of earlier existed

  • CENVAT and
  • service Tax

Know GST in your Language

S NoLanguageGST full form in Various Languages
1GST full form in Hindiवस्तु एवं सेवा कर
GST full form in Marathi
वस्तू आणि सेवा कर
GST full form in Gujrati
માલ અને સેવાઓ કર
GST full form in Punjabi
ਗੁਡਸ ਅਤੇ ਸਰਵਿਸਿਜ਼ ਟੈਕਸ
GST full form in Malayalam
വസ്തുക്കളും സേവന നികുതിയും
GST full form in Bengali
পণ্য ও সেবা কর
GST full form in Kannad
ಸರಕು ಮತ್ತು ಸೇವೆಗಳ ತೆರಿಗೆ
GST full form in Telegu
వస్తువులు మరియు సేవ పన్ను
GST full form in Tamil
பொருட்கள் மற்றும் சேவைகள் வரி
GST full form in Sindhi
سامان ۽ خدمت ٽيڪس
GST full form in Urdu
سامان اور سروس ٹیکس
GST full form in Nepali
सामान र सेवा कर
GST full form in Arabic
ضريبة السلع والخدمات

Looking to know more insights about Goods and Services Tax, its framework, rate, structure, benefits and lot more, Read Here!!

CA Abhishek Soni

By CA Abhishek Soni

Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. He is the co-founder & CEO of Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments.

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