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Meaning of GST | Babel Free

Noun CEFR C2

Definitions

  1. One of various compounds of germanium, antimony, and tellurium used as a phase change material, including GeSbTe.
  2. Initialism of goods and sales tax.
  3. Initialism of goods and services tax.

Equivalents

Examples

“the goods and sales tax (GST) was first discussed in 1986 when the then Financial Secretary, John Brembridge, suggested the introduction of the GST as a solution to the narrow tax base.”
“The July budget is likely to set a deadline for the implementation of two key tax reforms – the Goods and Sales Tax (GST) and Direct Taxes Code (DTC) – which till now did not get consensus from all the states. It is estimated that with GST in place, India's GDP will shoot up by a minimum of 1.5 to two percentage points”
“There are several instances when provinces have used their latitude in this respect to 'fill in' the tax room the federal government has left when abating its sales tax and later the Goods and Sales Tax (GST).”
“an all-up amount including GST and LCT (but not stamp duty, registration etc)”

CEFR level

C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
See all C2 English words →

See also

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