Word Pronunciation & Dictionary

goods and sales tax

Word Rarity Uncommon

Frequency: 4.38 in modern English

Syllables: good-s and sales -tax
IPA

26

Scrabble Score

16

Letters

3

Syllables

10

Unique Chars

Meaning

noun

A tax similar to goods and services tax, in certain countries and states.

Example Sentences

"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)."

Inflected Forms

goods and sales taxes (plural)

Synonyms

GST

Questions

What does goods and sales tax mean?: A tax similar to goods and services tax, in certain countries and states.

How to pronounce goods and sales tax

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