GST Day July 1 Goods and Services Tax

Frequently Asked Questions of GST in India.

Here are some frequently asked questions about GST.

Which day is GST Day ? GST-Goods and Services Tax

GST Day is celebrated on July 1 every year to commemorate the implementation of the Goods and Services Tax (GST) in India. The GST is a single indirect tax that is levied on the supply of goods and services across India. It was launched on July 1, 2017 after years of planning and preparation.

July 1 National Doctors day – Read

Who is called father of GST in India?

Atal Bihari Vajpayee

Which state introduced GST first in India ?

Assam

Which country started GST first?

France

What are three types of GST India and how many tax slabs in India?

GST-Goods and Services Tax -Three types are : CGST,IGST and SGST

Five different Tax Slabs Rate : 0%, 5%, 12%, 18% and 28%.

Which minister introduced GST? Who introduced gst in India?
GST-Goods and Services Tax

In 2014, the then Finance Minister, Mr Arun Jaitley, (first chairman GST Chairman) introduced the Constitution Amendment Bill in the parliament. In May 2015, the Constitution (122nd Amendment) Bill was passed in the Lok Sabha.

To know more about GST Refer Year Book Malayalam Manorama and Mathrubhumi English and Malayalam

Who signed GST Bill?

President Pranab Mukharjee

Which is the highest GST slab in world?

India’s 28% Tax Slab is the Highest GST Rate in the World

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