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About and define GST?

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About and define GST?

Posted by Arpit Kesarwani 5 years, 8 months ago

CBSE > Class 11 > Business Studies

1 answers

Yaser Siddiquee 5 years, 8 months ago

The goods and services tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services. In effect, GST provides revenue for the government.

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