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akshita agrawal

· started a discussion

· 1 Months ago

What is GST then?

Question:

...................... is collected by the government on sale of goods and services in the country?

Options:
A)

NAT

B)

GET

C)

GST

D)

VAT

Solution:

GST stands for Goods and Service Tax. It is a kind of tax imposed on sale, manufacturing and usage of goods and services. Goods and Services Tax is applied on services and goods at a national level with a purpose of achieving overall economic growth.

Knowledge Expert

· commented

· 1 Months ago

Dear student
We have updated the question,
please solve it again.

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