what is GST?

Goods and services Tax explained by an example – GST

1 year ago sarkariadmin 1
Step1 : Lets take an example, when a manufacturer of Jeans. He buys raw materials or inputs — cloth, thread, buttons, tailoring equipment — value Rs 200, a sum that includes a tax of Rs 20. Using these raw materials, he manufactures a Jeans. In the process of creating the Jeans, the manufacturer adds value to Read More