Hailed as one of the biggest tax reforms of the country, the Goods and Services Tax (GST) subsumes many indirect taxes which were imposed by Centre and State governments such as – excise, VAT and service tax. It is levied on both goods and services supplied. GST Law comprises of

• CGST – Central Goods and Services Tax Act, 2017 including Central Goods and Services Tax (Extension to Jammu and Kashmir) Act, 2017,
• SGST – State Goods and Services Tax Act, 2017 as notified by respective States,
• UTGST – Union Territory Goods and Services Tax Act, 2017,
• IGST – Integrated Goods and Services Tax Act, 2017 including Integrated Goods and Services Tax (Extension to Jammu and Kashmir Act, 2017),
• Goods and Services Tax (Compensation to States) Act, 2017
• Rules, Notifications, Amendments and Circulars issued under the respective Acts.