Goods Service Tax

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
GST
Pronunciation
/gʊdz ˈsərvɪs tæks/
Category
Business
Related Field
Tax

Examples in Context

  1. All payments the buyer should pay to Christie do not include any goods or service tax or other value-added tax ( no matter imposed by Hong Kong or elsewhere ).
  2. Through selection of the tertiary industry goods and service tax system value orientation, a coordinated development between industrial structure optimization and tax growth is achieved.
  3. The formation and development of the interrelation of goods and service tax with the tertiary industry economy has an important influence on the tertiary industry design of goods and service tax system.
  4. Through the flowing of goods and service tax system elements, resources configuration is regulated, and the trend of non-coordinated development between increasingly expanded industries is turned around, to have short-term economic development regulation and long-term economic growth combined organically.
  5. The meaning of the economic structure of the tertiary industry is relative to domestic economy. Except international trade, domestic goods and service tax only includes two categories, namely value added tax and consumption tax, both of which are considered as key targets of the study.

Other meanings of GST