ACTE is known to provide the Best GST Training in Porur, Chennai. Shorts for GST is known as the Goods and Services Tax. It is an indirect tax which has replaced various indirect taxes in India such as the excise duty, VAT, services tax, etc. The Goods and Service Tax Act was authorizedin the Parliament on 29th March 2017 and came into effect on 1st July 2017.It also introduced a centralised system of waybills by the introduction of “E-way bills”. This system was launched on 1st April 2018 for inter-state movement of goods and on 15th April 2018 for intra-state movement of goods in a staggered manner.The e-invoicing system has been launched on a trial basis starting from January 2020 and applicable from October 2020. GST has mainly removed the cascading effect on the sale of goods and services.
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