Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
What is the primary purpose of GST?
What is the primary purpose of GST?
- To discourage international trade
- To increase the tax burden on consumers
- To simplify the tax structure and reduce tax evasion (correct)
- To complicate the tax system
What does GST stand for?
What does GST stand for?
- Government Service Tariff
- Global Sales Transaction
- General Sales Tax
- Goods and Service Tax (correct)
Who benefits from the implementation of GST?
Who benefits from the implementation of GST?
- Consumers, businesses, and the government (correct)
- Only the government
- Only businesses
- Only consumers
Flashcards are hidden until you start studying
