Conservation between father and son about GST
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Hey friend here is ur ans
(★^O^★)
Son - Father, Father I have a question.
Father - Yes, dear. Tell what problem do u have now.
Son - Father, what does GST means.
Father - Goods and Services Tax -GST' The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.
Son - Why we have to pay GST tax
Father - Out responsibility is to get a bill for each & every receipt of services & goods that is purchase of goods or services. Income tax is paid on the basis of income but GST is paid on the basis of expenditures. So we have to pay income tax and GST both.
Son - Father thanks for the information u gave..
Father - Welcome, son. Anytime u may ask any doubt to me.
(Hope it helps)
(★^O^★)
Son - Father, Father I have a question.
Father - Yes, dear. Tell what problem do u have now.
Son - Father, what does GST means.
Father - Goods and Services Tax -GST' The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.
Son - Why we have to pay GST tax
Father - Out responsibility is to get a bill for each & every receipt of services & goods that is purchase of goods or services. Income tax is paid on the basis of income but GST is paid on the basis of expenditures. So we have to pay income tax and GST both.
Son - Father thanks for the information u gave..
Father - Welcome, son. Anytime u may ask any doubt to me.
(Hope it helps)
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