GST - All You Need To Know
Business & Finance, Accounting, Taxation, Finance & Investing, Career Planning & Job Hunting, Small Business
| Author: | Preeti Man | ISBN: | 9781386872443 |
| Publisher: | Preeti Man | Publication: | June 18, 2017 |
| Imprint: | Language: | English |
| Author: | Preeti Man |
| ISBN: | 9781386872443 |
| Publisher: | Preeti Man |
| Publication: | June 18, 2017 |
| Imprint: | |
| Language: | English |
GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage. The final consumer will thus bear only the GST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages
GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage. The final consumer will thus bear only the GST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages
