Goods and Services Tax

The Goods and Services Tax (GST) was implemented on July 1, 2017, integrating numerous earlier indirect taxes such as VAT, service tax, and excise duty. With the objective of "One Nation, One Tax," GST aims to simplify Himachal Pradesh's indirect tax structure, eliminate cascading effects, and foster a unified national market. It applies to the supply of goods and services, featuring varying rates across different categories. Within Himachal Pradesh, GST operates through Central GST (CGST) and State GST (SGST) for intra-state transactions, while Integrated GST (IGST) governs inter-state sales, ensuring a cohesive tax framework across the state.

Data and Resources

Additional Info

Field Value
Sector Economy
SDGs []
Source Name Goods and Services Tax Network
Source URL https://www.gst.gov.in/
Methodology