GST Returns 2025: File GSTR-1, 3B, 2B | QRMP & ITC

 Concept of GST was first introduced by Atal Bihari Vajpayee (leader of BJP) in 1999 in INDIA. Then the GST again came into light in the period of 2006-2007 in a Union budget speech on 28th February 2006. Finance Minister in his Budget speech said that GST should ne Introduced from 1st April,2010 But Finally GST got implemented on 1st July, 2017 by 122nd amendment bill. For more details Visit the official website https://gstcouncil.gov.in/about-us

 GST (Goods & Service tax) is simply an Indirect Tax that is levied on Goods and Services which was replaced by VAT on 01 July 2017. GST is a Destination based tax whereas VAT was Origin based tax. Previously the customers and business man used to pay VAT, CST, ET in the form of indirect tax to the Government again their business operations. But Now GST has came into effect with an aim of ONE NATION ONE TAX . Every goods and services will be taxed only with single tax that is GST but GST has been bifurcated into three other taxes by which the tax revenues goes to the respective Governments. As we all know that there are two types of Governments that operate separately with their own collected revenues. There fore GST is classified into 3 types: CGST  (Central Goods & Service Tax) this tax revenue goes to central Government.  SGST (State Goods & Service Tax)  this tax revenue goes to state Government IGST  (Integrated Goods & Service Tax) this...