Indian Economy Questions

CST is not payable on outward freight (if charged separately) and outward insurance if property in goods passes to buyer at the time of despatch.

It means that Sale price does not include Freight charges will not attract CST when shown separately in they Invoice. But goods & freight show in one invoice CST will attractive.

Business fluctuations refer to the ups and downs in overall business activity measured by changes in national​ income, employment and the price level.

TABC stands for Texas Alcoholic Beverage Commission. The Texas Alcoholic Beverage Commission regulates the sales, taxation, production, trade, and advertising of alcoholic beverages in Texas. Alcohol Seller/server Training regulated by this regulatory body is also called TABC Certification. It makes the rules the rest of us have to follow, and if you want to get a job serving alcohol in Texas, getting TABC certified is your first step.

Economic growth is measured by the percentage of gross domestic product. GDP refers to the total value of goods and services produced in the country.

The law of demand implies that "The higher the price of a good, the lesser the quantity demanded".

For example:

If the rate of a mobile phone increased, the quantity demanded by the customers is decreased.