08/03/2020
๐จโ๐ผ Goods and Services Tax (GST) is an indirect tax (or consumption tax) imposed in India on the supply of goods and services. It is a comprehensive ๐จโ๐ผ multistage, destination based tax: comprehensive because it has subsumed almost all the indirect taxes except few; multi-staged as it is imposed at every step in the production process, but is meant to be refunded to all parties in the various stages of production other than the final consumer and as a ๐จโ๐ผ destination based tax, as it is collected from point of consumption and not point of origin like previous taxes.๐ฐ๐ต
๐จโ๐ผ Electronic billing, or eBilling, is a process businesses can use to get paid quickly and ๐จโ๐ผ securely without dealing with the hassles of paper bills and check payments.It is a comprehensive multistage, destination based tax.๐ฐ๐ต
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