Question

Choose the correct statement

1. Tax evasion undermines the equity attribute of the tax system.
2. Each Canon of taxation has its own unique characteristics.
3. GST is a form of direct tax.
4. GST came into force from 8th Nov – 2018.

Options

•  (i), (ii), (iii) are correct

• (i), (ii) are correct

• (ii), (iv) are correct

• only (iv) is correct

Answer 1

(i), (ii) are correct