Regarded as one of the most significant tax reforms in India, the Goods and Service Tax (GST) is a form of indirect tax levied on the citizens of the country for buying goods and services sold in India. The country hasn’t seen such a vast reform in terms of taxation since she got her independence. Since the introduction of this new taxation structure known as GST, businesses, small or big, have been significantly impacted, thus changing the working of the overall economy of the country. How is Indirect Taxation Different from Direct Taxation? Direct taxes are those which are levied directly on the income of individuals or organizations. Income tax…