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प्रश्न
Which of the following statement is correct about GST?
- GST is the ‘one point tax’.
- This aims to replace all direct taxes levied on goods and services by the Central and State governments.
- It will be implemented from 1 July 2017 throughout the country.
- It will unified the tax structure in India.
विकल्प
(i) and (ii) are correct
(ii), (iii) and (iv) are correct
(i), (iii) and (iv) are correct
All are correct
उत्तर
(i), (iii) and (iv) are correct
APPEARS IN
संबंधित प्रश्न
Which tax is raised on provision of service.
______ is paid to the Government by the recipient of gift depending on value of gift.
Explain the direct and indirect tax with examples.
The Goods and Service Tax act came into effect on ______.
In India taxes are collected by all the ______tiers of government.
What is the aim motto of goods and services tax?
An ______ tax is a duty on manufactured goods levied at the movement of manufacture.
Taxation follows the principle of ______.
______ is paid by the producer of goods who recovers it from wholesalers and retailers.
Explain how an increase in sales tax can cause an increase in price.
