The GST Suvidha provider (GSPs), a newly developed application, is use

1.	The GST Suvidha provider (GSPs), a newly developed application, is used by: _______1. State Government to understand GST2. Central Government to understand GST3. Taxpayers for interacting with GSTN4. Political parties to comply with GST
Answer» Correct Answer - Option 3 : Taxpayers for interacting with GSTN The correct answer is Taxpayers for interacting with GSTN. GSP stands for GST Suvidha Provider. A GSP enables a GST taxpayer to comply with all the procedural provisions of the GST law through its web platform. GST Bill was first introduced in 2014 as The Constitution (122nd Amendment) Bill. Goods and Services Tax is a widespread indirect tax on the manufacture, sale, and consumption of goods and services throughout India. GST replaced respective taxes levied by the central and state governments. It is an indirect tax for the whole country on the lines of “One Nation One Tax” to make India a combined market. GST Council will decide upon any matter related to GST whose chairman is the finance minister of India. GST has provisions of: Central GST to cover Excise duty, Service tax. State GST to cover VAT, luxury tax and Integrated GST to cover inter-state trade. IGST is not a tax but a system to coordinate state and union taxes. Article 246A states that States have the power to tax goods and services.

The GST Suvidha provider (GSPs), a newly developed application, is used by: _______1. State Government to understand GST2. Central Government to understand GST3. Taxpayers for interacting with GSTN4. Political parties to comply with GST

Answer» Correct Answer - Option 3 : Taxpayers for interacting with GSTN

The correct answer is Taxpayers for interacting with GSTN.

GSP stands for GST Suvidha Provider.
A GSP enables a GST taxpayer to comply with all the procedural provisions of the GST law through its web platform.

GST Bill was first introduced in 2014 as The Constitution (122nd Amendment) Bill.
Goods and Services Tax is a widespread indirect tax on the manufacture, sale, and consumption of goods and services throughout India.
GST replaced respective taxes levied by the central and state governments.
It is an indirect tax for the whole country on the lines of “One Nation One Tax” to make India a combined market.
GST Council will decide upon any matter related to GST whose chairman is the finance minister of India.
GST has provisions of:
- Central GST to cover Excise duty, Service tax.
- State GST to cover VAT, luxury tax and Integrated GST to cover inter-state trade.
- IGST is not a tax but a system to coordinate state and union taxes.
- Article 246A states that States have the power to tax goods and services.