Accountancy, asked by Simrankaur909, 2 months ago

Why GST is called Destination Based Tax?pls answer it urgently..​

Answers

Answered by mg4484629
5

Answer:

GST is a destination based tax because it is to be paid at the destination of the goods or service. It can also be called consumption tax. If the goods are supplied inside the boundary of a particular state then there will be basically no difference in the procedure both under VAT and GST.

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Answered by khuopv
1

Answer:

GST is a destination based tax, i.e., the goods/services will be taxed at the place where they are consumed and not at the origin. So, the state where they are consumed will have the right to collect GST. Therefore, place of supply is crucial under GST as all the provisions of GST revolve around it.

Explanation:

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