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Goods and Service Tax, which is popularly known as GST. It is basically an indirect tax. Goods and Service Act came on 1st July 2017. This tax is levied upon the supply of goods and services. It is in the form of indirect tax which has replaced many indirect taxes like excise duty, service taxes, VAT, etc. The Goods and Service Tax is the one and only domestic indirect tax law in India. GST in India is quite comprehensive, destination-based tax and multistage tax which is levied on every value addition.
The validity of each GST Registration Certificate depends on the type of taxpayer who obtains the certification. The certificate is valid for the full period after it is provided to a regular taxpayer. It only becomes null and void in these circumstances if the taxpayer turns it in or the GST authority cancels it. Nevertheless, the validity of certificates issued to Non-Resident Indian (NRI) taxpayers or casual taxpayers is only good for ninety days from the date of registration, or for the duration specified in the registration application, whichever comes first.
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