The Goods and Services Tax, which includes both goods and services, was introduced by the Government of India with effect from _______

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The Goods and Services Tax, which includes both goods and services, was introduced by the Government of India with effect from ________?

A1 April 2015

B1 July 2017

C28 February 2016

D1 March 2018

Answer:

The Goods and Services Tax (GST) was introduced in India on 1 July 2017.
It is an indirect tax which has replaced many indirect taxes in India such as the excise duty, VAT, services tax, etc.
GST Day, celebrated on July 1st each year, marks the implementation of the Goods and Services Tax (GST) in India

Related Questions:

Which of the following products are outside the purview of GST?

1.Alcohol for human consumption

2.Electricity

3.Medicines

Choose the correct option

Which of the following statement(s) is/are correct regarding GST?

Goods and Services Tax Network (GSTN) is a non-profit organisation formed to provide IT infrastructure and services to the Central and State Governments for the implementation of GST
The government of India holds a 51% stake in GSTN.