Do you know what is GST and how will it affect your life? What is GST? The Goods and Services Tax Law Explained Goods & Services Tax Law in India is a comprehensive , multi-stage , destination-based tax that will be levied on every value addition . In simple words, GST is an indirect tax levied on the supply of goods and services. GST Law has replaced many indirect tax laws that previously existed in India. Find all about GST: What is GST? History of GST in India Advantages Of GST What are the components of GST? What changes does GST bring in? ( Read full story by CLEARTAX.IN ) One Nation, One Tax? Not Quite, Not Yet GST would apply to all goods other than crude petroleum, motor spirit, diesel, aviation turbine fuel and natural gas. It would apply to all services barring a few to be specified. With the increase of international trade in services, GST has become a global standard. GST will ensure ...