Goods and Service Tax or GST is an indirect tax applied at every stage of the supply chain until it reaches the consumer finally.
2. There are multiple stages involved in this, which are Raw material procuring.
3. Using the raw items for producing finished goods/services, Warehouse storage, Selling to the wholesalers, Wholesalers selling them to retailers, and finally, retailers selling these to the end-users.
4. Tax is levied at all these stages that a customer also pays indirectly while buying the item.
5. For customers, it is a one-time payment (the price).
6. GST on real estate also is multi-stage.