Economics · Economics
What is the nature of Goods and Services Tax (GST)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It is levied at each stage.
- 2It is an ultimate tax.
- 3It is a value-added tax.✓
- 4It is a sales tax.
Correct answer
It is a value-added tax.
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