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of <h1>Understanding GST: A Destination-Based Tax on Consumption with Credits for Previously Paid Taxes</h1> Goods and Services Tax (GST) is a destination-based tax applied to the consumption of goods and services. It is levied at every stage from manufacturing to final consumption, allowing for tax credits on previously paid taxes. This system ensures that only the value added at each stage is taxed, with the final consumer bearing the tax burden.
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