Tag Archives: #EconomicPolicies

What does it mean when we say GST is a destination based tax?

Destination based tax When we refer to GST (Goods and Services Tax) as a destination-based tax.  It implies that the tax is imposed at the final point of consumption for goods or services. The tax proceeds collecte by the state where the goods or services consumed, rather than the state where they produced. For more… Read More »

Which state does not accept GST in India? GST exempt state in India

Which state does not accept GST in India The implementation of GST in India was a significant tax reform that aimed to streamline the indirect tax structure and create a unified market. The state does not accept GST in India replaced various central and state taxes, such as excise duty, service tax, and value-added tax… Read More »