Whether you are a customer, a business owner, or a service provider, you are aware of the Goods and Services Tax (GST). India's taxation structure underwent a thorough overhaul on July 1st, 2017 with the implementation of the GST. Simply said, it is a single indirect tax assessed on the value addition that a company provides through its goods and services. The Indian government only levies taxes on businesses' specific products at every level, from production to distribution, and the final consumer is in charge of paying the tax.