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GOODS AND SERVICE TAX LIABILITY ON GURU JAMBHESHWAR UNIVERSITY OF SCIENCE & TECHNOLOGY HI SAR Issue 1. GST implemented on running bills of ongoing Construction/Maintenance works of which agreement
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What is goods and service tax?
Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.
Who is required to file goods and service tax?
Any business or individual selling goods or services in India and meeting the threshold requirements is required to file GST.
How to fill out goods and service tax?
GST can be filled out online on the GST portal by providing details of sales, purchases, and tax paid.
What is the purpose of goods and service tax?
The purpose of GST is to create a single unified tax system to streamline taxation and make compliance easier for businesses.
What information must be reported on goods and service tax?
Details of sales, purchases, tax collected, and tax paid must be reported on GST.
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