Question

VII. Activity and Project
1. Students are asked to go to the
departmental store and know about the
Goods and Service tax (GST). Teacher and
students are discussed about the GST.​

Answer 1

GST and details

Explanation:

• Upon discussing about some information regarding GST, some common knowledge that everyone shares is that,
• It is a form of tax
• This tax is levied by the government.
• This tax is an indirect tax, i.e. generally placed on goods and services.
• The money of this tax goes to the national exchequer.
• This tax is called general sales tax.
• It is given by the consumers, whoever purchases the good or makes use of the services.

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