English, asked by divyapal6287, 1 year ago

Conversation between two friends about GST

Answers

Answered by writersparadise
45

Suresh: Hi Ramesh! How have you been?

            

Ramesh: I am fine. I have of late been reading about the Goods & Service Tax (GST).


Suresh: Me too. There are two levels right? I mean Central Government and State Government level.


Ramesh: Yes, It has made the cost of living really high for the common man.


Suresh: I agree. The price of almost everything has gone up drastically.


Ramesh: I hope the nation works out something in this regard soon.


Suresh: If not, it will soon become difficult to make both ends meet, with most of the earnings being spent on tax.
Answered by Chirpy
22

Anil: "Today I went to eat in a hotel and they charged me a little more. When I asked them they said it was because I had to pay the GST."

Ashok: "Yes, yesterday the same thing happened with me."

Anil: "Do you know what is the GST."

Ashok: "GST stands for Goods and Services Tax."

Anil: "When was it introduced in India?"

Ashok: "It was introduced on 1st July 2017."

Anil: "Actually, what is it?"

Ashok: "It is an indirect tax which is applicable throughout India. It is a value-added tax which is levied on most of the goods and services sold for domestic consumption."

Similar questions