what is GST? DESCRIBE IN SIMPLE LANGUAGE?
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GST refers to. as Goods and services tax.
hope it helps you out
hope it helps you out
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Hello!!
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GST refers to Goods and service Tax.
As it is clear by name, The full form of GST is goods and service tax, so this tax is levied on Goods and services.
This is a Indirect taxes which means it's burden can be shifted to others. due to entry of this tax in India , it has removed many type of taxes that were used to levied in past yeara like... service tax, Value added Tax.
This was passed in parliament at about 29-03- 2017.
________________________________________________
☺️☺️☺️☺️☺️☺️☺️☺️☺️
_______________________________________________
GST refers to Goods and service Tax.
As it is clear by name, The full form of GST is goods and service tax, so this tax is levied on Goods and services.
This is a Indirect taxes which means it's burden can be shifted to others. due to entry of this tax in India , it has removed many type of taxes that were used to levied in past yeara like... service tax, Value added Tax.
This was passed in parliament at about 29-03- 2017.
________________________________________________
☺️☺️☺️☺️☺️☺️☺️☺️☺️
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