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People use it for when they need service like money and other things.
Brian Mulroney introduced the Tax while Prime Minister in 1991.
The transition from General Sales Tax (GST) to Reformed General Sales Tax (RGST) has become an intricate and controversial topic for no particular reason. Let me start the discussion by acknowledging that RGST is not a new tax as generally perceived, rather it is the old GST which when fully implemented would be a sufficiently broadened and extended version of the existing GST.
Which is the following example of factor that would move a demand curve? A) increase gst b)decrease in cost of raw material c)decrease in subsidy d)decrease in price of complemantery goods
The reason why some items are taxed because they have been processed.For example the reason why the cooked chicken is taxed because it has been cooked and seasoned making it much more expensive.If you want to find out the GST of an item you have to:the cost of the taxed item x 1/11 (one eleventh) = This will give you the final cost without the tax included.I hope this helps you out : ) Good Luck on you assignment or exam.
It is GST
GST = Goods and Services Tax on a Business Account
Yes, they should be exclusive of GST, as you would be overstating your expenses and understating GST paid.
Nett Price does not include GST
Are you referring to GST (Goods and Services Tax) which is a tax on some goods (not primary produced goods) and services (if the entity is registered for GST)?
GST=Greenwich Sidereal Time
GST=Greenwich Sidereal Time
GST outlays is an asset and represents GST paid to out firms for goods and services. this account is offset agaisnt GST collections (liabilities)
It is GST
GST registration refers to obtaining a Goods and Services Tax (GST) registration number from the relevant tax authorities in a country that has implemented GST. GST is a consumption-based tax system applied to the supply of goods and services, and the national or state-level tax authorities typically administer it.
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.
GST stands for Goods and Services Tax and its motto of One Nation, One tax