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प्रश्न
State with reason whether you agree or disagree with the following statement:
The goods and services tax (GST) has replaced almost all indirect taxes in India.
पर्याय
Agree
Disagree
MCQ
चूक किंवा बरोबर
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उत्तर
I agree with the above statement.
Reason:
- Indirect tax is levied on goods or services.
- It is paid at the time of production or sale and purchase of commodity/service.
- Before GST was introduced, there were various indirect taxes like service tax, value-added tax (VAT), excise, etc.
- GST is a comprehensive tax introduced with the objective of unifying all indirect taxes levied at different stages of production.
- Hence, GST has replaced almost all indirect taxes in India.
shaalaa.com
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