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  Goods and Services Tax (GST) is a form of indirect taxation imposed by the Government of India which is levied by both the Central and the State Governments. Unlike the previous taxes GST is destination based rather than origin based as it is collected from point of consumption and not point of origin. GST is a unifying tax which has replaced miscellaneous taxes including service tax, excise duty, and purchase tax which were prevalent earlier. As it has subsumed nearly all the indirect taxes it is hailed as a comprehensive tax. Being a multi-staged tax it is imposed at every step in the production process; however it is meant to be refunded to all parties involved in the various stages of production except the final consumer. Source: Google Advantages of GST The implementation of Goods and Services Tax (GST) has proved to be a significant development in the field of indirect tax reforms in India. GST has unified the Indian market and provided a common platform for taxation to be appl