• How is GST different from Origin Based Tax?

  • 2024/03/30
  • 再生時間: 2 分
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How is GST different from Origin Based Tax?

  • サマリー

  • GST is a destination-based tax, whereas origin-based tax is levied at the place of origin of goods and services. In destination-based tax, tax is levied at the place where goods and services are consumed, whereas in origin-based tax, tax is levied at the place of origin of goods and services. Most nations, including India, levy tax on the destination-based tax model.

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あらすじ・解説

GST is a destination-based tax, whereas origin-based tax is levied at the place of origin of goods and services. In destination-based tax, tax is levied at the place where goods and services are consumed, whereas in origin-based tax, tax is levied at the place of origin of goods and services. Most nations, including India, levy tax on the destination-based tax model.

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Explore KonProz : https://konprozgpt.com

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