Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in nowGST (Goods and Services Tax) is a consumption tax based on the "destination" principle. In the context of GST, "destination" means that the tax is levied and collected at the final point of consumption, i.e., where the goods or services are ultimately consumed by the end consumer. The tax is collected by the state or union territory where the consumption takes place. Under the destination-based GST system, the tax is applied and collected throughout the supply chain, but the liability to pay the tax rests on the entity that supplies the goods or services to the final consumer. This ensures that the tax burden is borne by the end consumer rather than being shifted along the supply chain. The destination-based principle is an essential aspect of GST, as it prevents cascading of taxes (tax-on-tax) and promotes a more efficient tax structure by ensuring that taxes are levied only once, at the point of final consumption. It also helps in the equitable distribution of tax revenues among the states based on their consumption patterns.
The probability of selecting a rotten egg randomly from a basket of 250 eggs is 0.2. What is the number of rotten eggs in the basket?
The probability that Leah will be accepted into program P is 60% and into program Q is 40%. Leah prefers program 'P' first, then 'Q', and finally 'R'. A...
What is the probability that a number selected from 1,2,3.......................68,69,70, is perfect square or a perfect cube?
A box holds a total of 'p' purple balls and 5 silver balls. Two balls are drawn sequentially without replacement. The probability that both selected bal...
A 5-digit number is created using the digits 2, 3, 4, 5, and 6 without repetition. What is the probability that the number is divisible by 5?
A bag contains 4 red balls, 5 blue balls, and 6 green balls. Two balls are drawn at random. What is the probability that both balls are of the same color?
In a bag, there are 7 red balls, 5 black balls, and 9 green balls. If two balls are selected at random, what is the likelihood of picking one red ball a...
Axe speaks truth only when Wye does not speak truth, then what is the probability that Zed does not speak truth on a question?
A bag contains 9 Green and 10 Red balls. One ball is drawn at random. What is the probability that the ball drawn is Red?
There are (m + 7) red roses, (m + 11) white roses and ‘m’ pink roses in a bag. If the probability of picking a pink rose is 5/18, then find the valu...