Services Tax (SST) & Goods and Services Tax (GST)

What is Sales and Services Tax (SST) & Goods and Services Tax (GST)?

Here the simple definition about SST and GST.  

Sales and Services Tax (SST)

The Sales Tax is just be charged on the maker level, the Service Tax is will be charged on customers that are utilizing charge administrations. SST rates are less straightforward than the GST which had a standard 6% rate, the SST rates change from 6 or 10%.

Goods and Services Tax (GST)

GST covers everybody, retailers, and exchanges. The business assesses just covers producers while administrations impose covers certain recommended administrations like proficient administrations. The providers could guarantee back the GST from the administration, in any case, the legislature does not in a flash discount the GST claims, causing issues for the organizations working income.

Here is a comparison of the tax system

 image source: NST