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General sales tax is a form of:


Stamp duty


Consumption tax


Corporate tax


Estate duty

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Option(B) is correct

General Sales tax (GST) is a form of consumption tax. From the perspective of the buyer, it is a tax on the purchase price.

From that of the seller, it is a tax only on the value added to a product, material, or service, from an accounting point of view, by this stage of its manufacture or distribution

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