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What is Goods and Services (GST) Tax?

Any business person should have a clear understanding of what the Goods and Services Tax (GST) is if they intend to run a business in Australia.

Goods and Services Tax

The GST is a tax levy by the Australian Government on the goods supplied and services provided in Australia. The Federal Government introduced this tax by the passing of the Goods and Services Act 1999, coming into effect from July 1, 2000.

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