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Question
GST is ______ type of tax.
Options
Regular
Indirect
Direct
Irregular
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Solution
GST is indirect type of tax.
Explanation:
The supply of goods and services is subject to the comprehensive, multi-stage GST (Goods and Services Tax). It is categorised as an indirect tax because, despite being collected and paid to the government by the companies selling the items, the final consumer suffers the financial burden.
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