Q 1. What is Goods and Service Tax (GST)?

0
995
Print Friendly, PDF & Email

Ans.   It is a destination based tax on consumption of goods and services.  It is proposed to be levied at all stages right from  manufacture  up  to  final  consumption  with  credit of taxes paid at previous stages available as setoff.   In a nutshell, only value addition will be taxed and burden of tax is to…

This content is for annual and Semi Annual members only.
Log In Register