Question

What are the proposed benefits of GST?

1.Overall reduction in prices for consumers.

2.Reduction in multiplicity of taxes, cascading and double taxation.

3.Decrease in ‘black’ transactions.

Choose the correct option.

• A. 1 only
• B. 1 and 2
• C. 2 and 3
• D. 1, 2 and 3

Answer 1

Answer:

D. 1, 2 and 3