Goods and Services Tax (GST) | Meaning, Purpose, Components
https://www.financestrategists.com/tax/goods-and-services-tax/
WebNov 28, 2023 · The Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in a country. It is designed to replace multiple existing taxes like sales tax, value-added tax (VAT), excise duty, and service tax, streamlining the tax structure. GST aims to create a unified and efficient tax system by taxing the value ...
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