Gst 2019 Budget LIVE

Goods and Services Tax (GST) is an indirect tax (or consumption tax) imposed on the supply of goods and services. It is a comprehensive, multi-stage, destination based tax. It is comprehensive because it has subsumed almost all the indirect taxes except a few; multi-staged as it is imposed at every step in the production process, but is meant to be refunded to all parties in the various stages of production other than the final consumer. It is adestination-based tax, as it is collected from point of consumption and not point of origin like previous taxes.

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Gst 2019 - Total results - 19