India’s taxation system underwent a monumental transformation with the introduction of the Goods and Services Tax (GST) in 2017. Prior to GST, businesses in India were faced with a complex, multi-layered tax regime that included various indirect taxes such as the Value Added Tax (VAT), Service Tax, Central Excise Duty, and Customs Duty, among others. This fragmented tax system not onl... https://businessviewpointmagazine.com/gst-for-small-businesses/