Question

write the main objective of goods services tax​

Answer 1

Answer:

One of the main objective of Goods & Service Tax(GST) would be to eliminate the doubly taxation i.e. cascading effects of taxes on production and distribution cost of goods and services. GST, being a destination-based consumption tax based on VAT principle.

Explanation:

Answer 2

Answer:

OBJECTIVES OF GST: One of the main objective of Goods & Service Tax(GST) would be to eliminate the doubly taxation i.e. cascading effects of taxes on production and distribution cost of goods and services. ... GST, being a destination-based consumption tax based on VAT principle.

Country: Rate of GST

New Zealand: 15%