Question

please explain me GST and discount in your own easy language with ex..please!!♤​

Answer 1

Answer:

GST=>(GST) is a value-added tax levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services.

DISCOUNT=>Discount is an allowance or concession in price. Discount is given so that the buyer is induced (lured) to place an order and later to make payment in time. The seller deducts the discount from the gross or total price, and the buyer is supposed to pay the net amount. ..