What is a tax? Before we are going to about GST we should know What is tax and by whom it is levied and why. A tax may be defined as a "pecuniary burden laid upon individuals or property owners to support th…

Simply saying Supply under GST is sale of Goods or Services or Both, which are listed in Schedule III of CGST Act, by a Taxable Person for a Consideration b ut excludes - Money & Securities - Items specified in S…