List any four features of GST. – InterviewSolution

1.

List any four features of GST.

Answer»

Features of GST are as follows :

1. GST would be applicable on “supply” of goods or services.

2. It would be imposed on each stage of sales.

3. GST would be based on the principle of destination-based consumption taxation.

4. Taxable event in case of goods would be ‘sale’ instead of manufacture.

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