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Explain GST

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Explain GST

    • Posted by Mehakpreet Kaur 7 years, 11 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Harmanveer Kaur 7 years, 11 months ago

    It is goods and services tax which imposed on particular product with particular rate .Its heavy burden is on luxury goods which is purchased by richer sections of society .The main motive of this tax is to reduce economic divide (gap b/w rich and poor).it is started on 1 july 2017.

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