Goods and Services Tax (GST) is a destination based consumption tax and is levied on the supply of goods and services. Destination based consumption tax would imply that the tax would be paid in the State where the goods or services are consumed by the recipient, in other words ‘the place of supply’.

GST will be levied at all stages in the chain of the supply of goods or services with the availability of credit of taxes paid by the recipient.

The Government is seeking to implement GST with effect from 1 July 2017.