GST stands for "Goods and Services Tax", and is proposed to be a comprehensive indirect tax levy on the manufacture, sale and consumption of goods as well as services at the national level. It will replace all indirect taxes levied on goods and services by the Indian Central and State governments. GST has been introduced as single, unified tax reform. It has eliminated many existing indirect centre and state taxes like Central Value Added Tax, Special Additional Duty of Customs, Service Tax, and VAT and converted them into a single tax. The goods and services tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. Consumers pay the GST, but it is remitted to the government by the businesses selling the goods and services. There are four different types of GST as listed below: The Central Goods and Services Tax (CGST) The State Goods and Services Tax (SGST) The Union Territory Goods and Services Tax (UTGST) The Integrated Goods and Services Tax (IGST). The main motive of GST is to reduce the cascading effect of tax on the cost of goods and services and create a common, cooperative and undivided Indian market to make the economy stronger and powerful. So the GST system will combine Central excise duty, additional excise duty, service tax, State VAT entertainment tax etc.