Economy, asked by ruhipaul004, 4 months ago

is GST essentially a value added tax​

Answers

Answered by Anonymous
2

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The GST, as it is right now, is essentially a modified version of the value-added Tax (VAT) and shares many of its features.This is to be done by reducing tax on trade (sales tax) and reducing income and corporate taxes, while at the same time increasing indirect taxes such as VAT.

@MissTranquillity

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