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Define GST

Answer» GST means Goods & Services Tax.It is a single tax which is taken by government, including sales tax ,transportation tax etc.It is of 3 types -CGST ; SGST ; IGST.
The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.
All indirect taxes like custom duty, sales tax etc have been merged into a single tax known as gst


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