Q: What type of tax is GST?

A Direct tax
B Indirect tax
C It depends on the goods and services
D It depends on the associate states

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Answer: B

Explanation:

Goods and Service Tax (GST) is a type of indirect tax which is levied on the supply of goods and services. It is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer.

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Q: What type of tax is GST?

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