Question

Good Evening Guys____________________

Give Two Things on which GST is Not Applied?

#Don't Spam!
#Best Answer will.be Brainliest!​

Answer 1

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$\huge{\bold{\boxed{\red{ GST}}}}$

➡️GST (Goods and Services Tax) is one indirect tax for the whole nation. It is the resultant tax after subsuming major Central and State indirect taxes. GST is a destination based tax levied on the consumption of goods and services across the nation, thus rendering the country one unified common market........❣️❣️

A destination based tax is one which is levied in the state where the goods or services are consumed and not where they are produced. On the other hand, an origin based tax is levied in the state where goods or services are produced (not consumed).

.........❣️❣️

➡️The two things which are exmpted form GST:-

1.petroleum product......❣️❣️❣️❣️

2.electricity........❣️❣️❣️

Answer 2

Petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel etc. are not attracted GST. However, the taxes for these products are attracted as per the structure before introduction of GST.

I think it helps u