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In this video, we explain the basic knowledge of GST (Goods and Services Tax) in a simple and easy-to-understand manner. This video is specially designed for students, beginners, business owners, and working professionals who want to understand how GST works in India. 🔹 What You Will Learn ✅ What is GST? ✅ Types of GST – CGST, SGST, IGST ✅ GST tax slabs and rates ✅ Input Tax Credit (ITC) explained ✅ Benefits of GST for businesses and consumers 🔹 Who Should Watch This Video 👨🎓 Students (Commerce & Management) 🏪 Small Business Owners 📊 Accounts & Finance Beginners 👨💼 Office Executives & Professionals 🔹 Why GST Is Important GST has simplified the indirect tax system in India by replacing multiple taxes with one unified tax system, making compliance easier and more transparent. 🔹 Chapters / Timestamps ⏱️ 4:47 – Introduction to GST ⏱️ 08:10– Indirect Tax before GST ⏱️ 09:59 – Why GST is introduced ⏱️ 11:49 – Implement of GST ⏱️ 12:34 – Types of GST ⏱️ 09:00 – Benefits of GST ⏱️ 14:14– GST Rate Slaps 16:59- Input tax Credit 20:44- Gst Journey 30:24- Impact of GST on Economy 37:04- Conclusion 🔹 Subscribe to Prime Knowledge 📌 For more videos on: GST & Taxation Accounting Basics MS Excel Payroll & ERP Software 👉 Subscribe & press the 🔔 bell icon to never miss an update.