Goods and Services Tax

Learn what is meant by Goods and Services Tax, GST definition, types of GST, GST rates and more GST news here at Business ...
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What Is an Indirect Tax and How Does It Impact Your Money?

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as retailers or producers, who then pass the payments to the government. The ...
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From DVAT to GST: The vicarious disallowance of Input Tax Credit and its jurisprudential implications

Since the advent of the Goods and Services Tax regime, a recurrent and deeply contested issue has been that of denial of ...
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Value Added Tax (VAT) and Goods and Services Tax (GST)

Value added tax (VAT) or goods and services tax (GST), also known as indirect taxes, are consumption taxes levied on any value that is added to a product. These are considered indirect taxes since the ...