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GST stands for "Goods and Services Tax".

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Full form of GST is Goods and Service Tax.

GST is a consumption based tax levied on sale, manufacture and consumption on goods & services at a national level. This tax will be substitute for all indirect tax levied by state and central government. Exports and direct tax like income tax, corporate tax and capital gain tax will not be affected by GST.

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answered by (8k points)
GST stands for 'Good and Services Tax'

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