GST is a _____________ based tax and levied at a single point at the time of ___________ of goods and services.
A
Money, sale
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Consumption, trading
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Destination, consumption
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Destination, sale
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is C Destination, consumption GST is a destination-based tax and levied at a single point at the time of consumption of goods and services.