GST Implementation till now in our country.GST introduced in our country from 01/07/2017. GST stands for goods & service tax. The Gst is the new indirect tax replacing all local taxes like VAT Tax, Service Tax, Octroi, Central Excise, LBT,etc., The new system of taxation is functioning smoothly. In initial stage there were so many technical problems faced by the tax payers & even departmental people. Slowly it is getting its' way for smooth functioning & implementation. The collection of tax is also good under the system. The Benefit of this system will be seen in due course of time.
There are many countries where it is going very well. Once the GST is fully understood, it will be the fine system till the day in our country then any other indirect taxes were there.
We should support the new regime & wait for its sweet fruits to be enjoyed in future.