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What is GST tax?
GST or Goods and Services Tax, is a tax which combines various indirect taxes being charged by Central and State governments, which resulted in multiple receipts/payment/compliance being needed for multi-state business. GST is a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India (Except state of Jammu and Kashmir), to replace taxes levied by the central and state governments
When taxes decrease what does consumption do?
When taxes decrease, consumption
What is gst mean?
goods and services taxThe goods and services tax (GST) is a Canadian value-added tax levied on most goods and services sold for domestic consumption. The tax is levied to provide revenue for the federal government. The GST is paid by consumers, but it is levied and remitted to the government by businesses selling the goods and services.
Do you charge sales tax for landscaping?
Taxes vary by jurisdiction. In Ontario (where I am typing) you would charge the goods and services tax (GST).
Are employers required to withhold payroll taxes for vendors?
A taxpayer only needs to withhold payroll taxes on employees. A vendor would not typically be an employee of the company buying the goods or services.
Which person studies the production distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
Which person studies the production .distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
What are the taxes on production transportation sale or consumption of goods?
Excise Taxes.
What Household spending on goods and services known as?
consumption spending
What does a person get from the use or consumption of goods and services?
to feel good of what you did.
What is consumption expenditure?
the expenditure by households on consumption goods and services. eg, housing fees and transpotation.
Goods and services purchased by individuals for personal consumption?
consumer products
Business marketing does NOT include goods and services that?
if they are used for personal consumption.
Which discipline deals with the production consumption and distribution of goods and services?
economics
Taxes placed on luxury goods or services are known as?
excise taxes
What describes the various types of national income?
National income is the total value of a country's final output of all new goods and services produced in one year. National income includes personal consumption expenditure, gross private investment, government consumption expenditures, net income from assets abroad (net income receipts), and gross exports of goods and services, after deducting the gross imports of goods and services, and the indirect business taxes.
Which of these is the payment to the government in the circular flow of goods and services?
taxes
