Goods and Services Tax (GST) regime (for most goods)

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:tax_law
gptkbp:administeredBy	gptkb:GST_Council
gptkbp:amendedBy	101st Amendment of Indian Constitution
gptkbp:appliesTo	gptkb:India
gptkbp:excludes	electricity real estate petroleum products alcohol for human consumption
gptkbp:filingMethod	monthly quarterly
gptkbp:hasComponent	Central GST (CGST) Integrated GST (IGST) State GST (SGST) Union Territory GST (UTGST)
https://www.w3.org/2000/01/rdf-schema#label	Goods and Services Tax (GST) regime (for most goods)
gptkbp:implementedIn	1 July 2017
gptkbp:inputTaxCreditAvailable	yes
gptkbp:leviedBy	gptkb:Central_Government_of_India gptkb:State_Governments_of_India
gptkbp:notableCollection	gptkb:Central_Board_of_Indirect_Taxes_and_Customs_(CBIC) State Tax Departments
gptkbp:purpose	unify indirect taxes create common national market eliminate tax cascading
gptkbp:replacedBy	gptkb:Central_Excise_Duty gptkb:Entry_Tax gptkb:Octroi gptkb:Service_Tax gptkb:Value_Added_Tax_(VAT)
gptkbp:taxStatus	5% 0% 12% 28% 18% indirect tax
gptkbp:threshold	₹20 lakh (services) ₹40 lakh (goods)
gptkbp:website	https://www.gst.gov.in/
gptkbp:bfsParent	gptkb:Central_Excise
gptkbp:bfsLayer	6