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YouTube
Key Points
What is GST? Easiest explanation! Types of GST #youtubeshorts #commerce #economics #finance #gst
Explaining What is GST (Goods and Services Tax) using animated video! What is GST? GST or Goods and Services Tax is a unified indirect tax that replaced multiple previous taxes in India, such as VAT, service tax, and excise duty. It is levied on the supply of goods and services and collected at every step of the supply chain, with credit for ...
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424K views · 875 reactions | VAT stands for Value Added Tax and it is a consumption tax applied to the purchase price of goods and services. GST stands for Goods and Services Tax and it is a consumption tax that is imposed upon the cost of goods and services. Both GST and VAT are taxes that share the same characteristics but have different names. | 2006-2024 | Proprogress Philippines | Facebook
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