From the perspective of individuals,the goods and services tax (GST)applies to

Question

Quizplus · Accepted Answer

GST is a consumption tax that is levied on the supply of goods and services. It is applied on the final consumption of goods and services, which means it is a tax on expenditure rather than income. Therefore, the correct option is B. GST is not applied to additional income earned, profits for self-employed individuals, saving rather than expenditure, or total taxable income.

From the Perspective of Individuals,the Goods and Services Tax (GST)applies