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GST Goods and Service Tax Meaning and Type

Subhash Chandra Thakur
09/01/2024 0 0

The goods and services tax (GST) is a tax on goods and services sold domestically for consumption. The tax is included in the final price and paid by consumers at point of sale and passed to the government by the seller. The GST is usually taxed as a single rate across a nation.

Types.

Different Types of GST Tax
  • State Goods and Services Tax or SGST.
  • Central Goods and Services Tax or CGST.
  • Integrated Goods and Services Tax or IGST.

 

 

 

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