Do you know about Customer KYC and GST ?

Question

Accepted Answer

Yes, Customer KYC and GST are important concepts in the banking and financial industry.

Customer KYC (Know Your Customer) is a process followed by banks and financial institutions to verify the identity and address of their customers.
It involves collecting and verifying various documents such as identity proof, address proof, and photograph of the customer.
Customer KYC helps in preventing identity theft, fraud, and money laundering.
GST (Goods and Services Tax) is a unified tax system implemented in India to replace multiple indirect taxes.
It is applicable to the supply of goods and services and aims to simplify the tax structure and promote ease of doing business.
Businesses need to register under GST, file regular returns, and comply with the GST regulations.
Customer KYC and GST compliance are important for banks and financial institutions to ensure legal and regulatory compliance.

Accepted Answer

Gst goods and services tax

Accepted Answer

Yas kyc customer ky bareme puri jankari

Accepted Answer

KYC - Know your customer , I told the interviewer the definition of GST and the slabs categorization  and registration process of GST

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