easy speech on GST. please answer fast..... its urgent
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GST stands for ''Goods and Service Tax",and is proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at national level.
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Gst is one indirect tax for the whole nation which will make india one unified commin market. Gst is a single tax on the supply of goods and services right from the manufacture to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition at each stage. The final consumer will thus bear only the gst charged by the last dealer in the supply chain with set off benefits at all the previous stages.
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