GK
IMPORTANT ABBREVIATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the full form of “GST"?
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Gram Service Tax
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Goods andService Tax
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Goods Sale Tax
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General Service Tax
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Explanation:
Detailed explanation-1: -Tax will be levied on every supply of goods and services. Centre would levy and collect Central Goods and Services Tax (CGST), and States would levy and collect the State Goods and Services Tax (SGST) on all transactions within a State.
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