What is the type of tax levied on Goods and Services in India?

N

ngupta

Nandini Gupta
Q. What is the type of tax levied on Goods and Services in India?
A. Value added tax (VAT)
 
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In other words,Goods and Service Tax (GST) is levied on the supply of goods and services. Goods and Services Tax Law in India is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. GST is a single domestic indirect tax law for the entire country.
 
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