Question

what is meant by GST .what is it's principle​

Answer 1

Answer:

goods and service tax. it's principle is to no goods to be Sale without paying taxes to government....... XD... happy Holi

Answer 2

Answer:

GST

The goods and services tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.

Two Principles That Define GST

'Destination Principle' states that the supply of goods and services would be taxed at the point of consumption. Just like the state level Value Added Tax (VAT) levied on sale of inter-state goods, GST is a national level tax that incorporates value added principle.