Goods and Services Tax (GST) in India

GPTKB entity

Predicate	Object
gptkbp:instanceOf	Indirect tax
gptkbp:administeredBy	gptkb:Central_Board_of_Indirect_Taxes_and_Customs_(CBIC) State Tax Departments
gptkbp:amendedBy	gptkb:101st_Amendment
gptkbp:appliesTo	Businesses Traders Manufacturers Service providers
gptkbp:component	Central GST (CGST) Integrated GST (IGST) State GST (SGST) Union Territory GST (UTGST)
gptkbp:composition	Available for small taxpayers
gptkbp:country	gptkb:India
gptkbp:enactedBy	gptkb:Parliament_of_India
gptkbp:excludes	Electricity Petroleum products Alcohol for human consumption Real estate (partially)
gptkbp:filingMethod	Monthly Quarterly (for small taxpayers)
gptkbp:firstGSTDay	2017-07-01
gptkbp:governedBy	gptkb:GST_Council
gptkbp:headquarters	gptkb:New_Delhi
https://www.w3.org/2000/01/rdf-schema#label	Goods and Services Tax (GST) in India
gptkbp:implementedIn	2017-07-01
gptkbp:inputTaxCredit	Available
gptkbp:leviedBy	Supply of goods Supply of services
gptkbp:notified	gptkb:Ministry_of_Finance,_Government_of_India
gptkbp:purpose	Eliminate tax cascading One nation, one tax Simplify indirect taxation
gptkbp:replacedBy	gptkb:Central_Excise_Duty gptkb:Entry_Tax gptkb:Octroi gptkb:Service_Tax gptkb:Value_Added_Tax_(VAT) gptkb:Central_Sales_Tax_(CST)
gptkbp:result	gptkb:GSTR-1 gptkb:GSTR-3B gptkb:GSTR-9
gptkbp:taxRates	5% 0% 12% 28% 18%
gptkbp:taxStatus	Destination-based tax Multi-stage tax
gptkbp:threshold	INR 20 lakhs (services) INR 40 lakhs (goods)
gptkbp:website	https://www.gst.gov.in/
gptkbp:bfsParent	gptkb:Octroi gptkb:Form_3B
gptkbp:bfsLayer	6