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State ALL the answers that are correct. The goods and services tax (GST) was introduced on 1st of July 2000 and it is a
State ALL the answers that are correct. The goods and services tax (GST) was introduced on 1st of July 2000 and it is a tax on Luxury goods. The GST is a broad-based consumption tax on most goods and services. Only registered suppliers are required to charge GST and are entitled to a credit for the GST paid. The GST is an indirect tax as it is not a directly related to a person's income.
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th edition
978-1118334331, 1118334337, 978-1119036449, 1119036445, 978-1119036432
