GST is purported to bring in the ‘one nation one tax’ system, but its effect on various industries will be slightly different. The first level of differentiation will come in depending on whether the industry deals with manufacturing, distributing and retailing or is providing a service.
Goods & Services Tax is a comprehensive, multi-stage, destination-based tax that will be levied on every value addition.
Video 1GST is suppose to be implemented in India on 1st July 2017. There is an explanation with a very simple way.
Tamil
Video 2
a. What is Goods & Services Tax (GST) in India
b. How were the indirect taxes affecting the cost of the product
c. How will GST simplify Business & reduce cost in the long term
Video 3
English
You will understand all this UNDER 8 minutes
Very good explanation of GST. please go to youtube subscribe & support them.
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