How is GST applied?
This topic contains 7 replies, has 1 voice, and was last updated by AustMerm 3 weeks, 4 days ago.
November 7, 2018 at 1:39 am #896
GST is a consumption based tax/levy. It is based on the “Destination principle.” GST is applied on goods and services at the place where final/actual consumption happens. GST is collected on value-added goods and services at each stage of sale or purchase in the supply chain.GST is applied on goods and services at the place where final/actual consumption happens.Visit here GST News Updates is collected on value-added goods and services at each stage of sale or purchase in the supply chain. GST paid on the procurement of goods and services can be set off against that payable on the supply of goods or servicesMarch 29, 2019 at 5:14 pm #3222
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