About Good and Service Tax (GST) – Tuikart Business

About Good and Service Tax (GST) – Tuikart Business
GST is levied at all stages right from manufacturer up to the retailer who sells the goods for final consumption.

Goods and Service Tax (“GST”) is a destination based tax on consumption of goods and services. GST is levied at all stages right from manufacturer up to the retailer who sells the goods for final consumption. Customers are the ultimate bearer of the taxes and there is no cascading of tax as tax payable at each stage is available for set-off.

Business customers can submit Goods and Services tax registration number (GSTIN) by visiting to bank section of the website.
You can add multiple GSTINs (one for each state).
GST invoices will include GSTIN number of shipping state.
GSTIN will facilitate in claiming the tax credit.