Goods and Services Tax (GST) is an indirect tax which was introduced in India on 1 July 2017 and was applicable throughout India which replaced multiple cascading taxes levied by the central and state governments. Goods and Services are taxed as 0%, 5%, 12% ,18% and 28% under GST.
GST subsumes all taxes such as Sales tax, Service tax, Excise duty etc. into GST. GST registration is required primarily if your annual sales are more than Rs. 20 Lakh and above and regardless of turnover, GST is needed for those supplying goods or services to another state and for those who provide online services to another State.