Meanings
plural goods and sales taxes
- A tax similar to goods and services tax, in certain countries and states.
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.
2012, Kui-wai Li, Economic Freedom: Lessons Of Hong Kong, page 5382 more examples
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
2016, Dr. Sunil Gupta, Thoughts Gallery: Thoughts Gallery: A Treasury of Inspiring Thoughts and Quotes, page 205There 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).
2018, Dietmar Braun, Fiscal Policies in Federal StatesSynonyms: GST
Synonyms & antonyms
nounA tax similar to goods and services tax, in certain countries and states.
Cite this entry
goods and sales tax. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/goods%20and%20sales%20tax
“goods and sales tax.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/goods%20and%20sales%20tax. Accessed November 5, 2026.
WatkinsX Dictionary, s.v. “goods and sales tax,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/goods%20and%20sales%20tax.
Source: goods and sales tax on Wiktionary, CC BY-SA 4.0.