GST Glossary And Important Definitions

Here is the list of all important GST Glossary or GST terms along with their definitions.

GST	Indirect Tax	Composition Scheme	GST Council
GSTIN	GSTR-1	GSTR-2	GSTR-3
GSTR 3B	GSTR-4	GSTR-5	GST Return
GST Enrollment	GST Checklist	GST Rate	GST Payment
E-Way Bill	GST Registration	GST Fraud	GST Helpline
HSN Code	Input Tax Credit	GST Tax Invoice	ARN Number
GST Exemption	GST Offences	GST Penalties	GST Appeals
Receipt Voucher	Refund Voucher	IGST	SGST
CGST	UTGST	Bill of Supply	GST Ledgers
SAC Code	Reverse Charge Mechanism	Assessment of Tax Liability	GST Calculator

GST

The Goods & Services Tax (GST) is a destination-based indirect tax launched to replace all the previous indirect taxes being levied by the Centre and the States on the transaction of goods/services across the country.

Indirect Tax

It is the tax levied on goods and/or services, not on income or profits, such as service tax and GST.
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