GST (Goods and Services Tax) is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. It is an indirect tax that has replaced many indirect taxes in India.
GST has a multi-rate structure. The rates are 0%, 5%, 12%, 18%, and 28%, depending on the type of goods and services.
The process involves filling out the GST registration form, uploading necessary documents, and verification by the authorities.