Download App

P1 C3 Introduction To Goods and Service Tax — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C3 Introduction To Goods and Service Tax1 Mark
Question
What kind of tax is $GST?$
✓

Answer

$GST$ is an indirect tax which will be levied on the goods and services both.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Answer In One Or Two Sentence .(1 Marks)" from P1 C3 Introduction To Goods and Service Tax→P1 C3 Introduction To Goods and Service Tax — all question types→Account STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Which type of balance creditor’s account has? Why?
→
Why goods account is not maintained in the business?
→
Who is called king of books?
→
When input $GST$ is chargeable?
→
Give the name of account for the rule 'Debit what comes in, credit what goes out.'
→
Why important decisions cannot be made under Single Entry System?
→
State the types of accounting errors.
→
How will $GST$ be administered and collected in India?
→
Which type of discount is recorded in the discount column of cashbook?
→
Who are the users of Accounting information ?
→