If you’re a US eCommerce seller, GST may not even be on your radar. We don’t blame you. With so many countries in the world implementing their own tax schemes, consumption taxes can get real complicated, real fast.
So here’s what you need to know. GST stands for “goods and services tax.” Like VAT, GST is typically charged at every stage of production. And like US sales tax, it’s typically levied as a flat-rate percentage, based on the value of the transaction.
Source Quaderno
