• How is GST different from Origin Based Tax?

  • Mar 30 2024
  • Length: 2 mins
  • Podcast

How is GST different from Origin Based Tax?

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  • Summary

  • GST is a destination-based tax, whereas origin-based tax is levied at the place of origin of goods and services. In destination-based tax, tax is levied at the place where goods and services are consumed, whereas in origin-based tax, tax is levied at the place of origin of goods and services. Most nations, including India, levy tax on the destination-based tax model.

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.