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VAT in south Africa is levied on most goods and services at a standard rate?
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∙ 9y ago
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How are the goods and services allocated in south Africa?
SMD
How does south Africa invest in capital goods?
They put money towards new technology and services.
What is the duty levied while transporting goods from state to state in india?
octroi duty
What is a GST?
GST stands for Goods and Services Tax. It is basically a consumption tax that is imposed on goods and services.
What did the triangular trade route look like?
The traingular trade route was in the shape of a triangle. Goods from Europe were shipped to Africa, goods from Africa were shipped to the Americas, and goods from the Americas were shipped to Europe.
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.
What is the definition of sale tax?
It is the tax which is levied on the value of goods or services which are sold.
What is duty (as in tax)?
Tax is a broad term & duty is a part of tax.......Tax levied on person, product, services & assets for example-INCOME TAX levied on person,VAT levied on sale of products,SERVICE TAX levied on providing taxable services, WEALTH TAX levied on assets..........Genrally DUTY levieble on goods for example-EXICE DUTY levieble on manufaturing of goods, CUSTOM DUTY levieble on import & exports of goods...........................Sachin gupta from jhalawar (RAJASTHAN)
What is difference between tax and duty?
Tax is a broad term & duty is a part of tax.......Tax levied on person, product, services & assets for example-INCOME TAX levied on person,VAT levied on sale of products,SERVICE TAX levied on providing taxable services, WEALTH TAX levied on assets..........Genrally DUTY levieble on goods for example-EXICE DUTY levieble on manufaturing of goods, CUSTOM DUTY levieble on import & exports of goods...........................Sachin gupta from jhalawar (RAJASTHAN)
What kind of tax is a sales tax?
It is an indirect tax.It is a tax levied on the sale of goods and merchandise. In many countries tax on sale of goods and tax on services is integrated into one tax called GST or Goods and Services Tax
How are the goods and services allocated in south Africa?
SMD
A country's standard of living depends on what?
Production of goods and services.
What is the subject in which tax is leived?
Taxes are typically levied by government authorities on income, property, goods and services, transactions, and other forms of financial activity.
What is the quanitity and quality of goods and services produced in a place?
Standard of Living.
The amount of goods and services the average citizen can buy?
The amount of goods and services that the average citizen can buy is known as a standard of living. The cost of a standard of living varies greatly depending on a number of factors.
Taxes levied on goods made or sold within a country are called what?
taxes levied on goods made or sold within a country are called excise taxes.
What is the term for the amount of goods and services people can buy with the money they have?
standard of living
