GST

GST is a value-added tax levied on most goods and services sold for domestic consumption. It is a multi-stage tax levied at each point of sale in the supply chain with the facility of setoff.

Why it’s in the news: GST is in the news as a key component of India's tax system, with ongoing discussions about potential rate revisions to boost economic growth.

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Connections

3 entities linked to GST across the news graph.