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BUSINESS ENVIROMENT — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMBUSINESS ENVIROMENT3 Marks
Question
What is $GST?$
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Answer

The full form of $GST$ is Goods and Service Tax. $GST$ has replaced all types of sales tax and excise duties. The introduction of $GST$ has simplified the tax structure and made it more transparent.

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