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Goods and Services Tax (GST) is an indirect tax (or consumption tax) levied on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes. The finance ministry released the provisional data on GST for May 2022. The collection of goods and services tax (GST) was Rs 1.41 trillion (₹1,40,885 crore) in May. It was 16 per cent (Rs 26,655 crore) lower than the record collection of Rs 1.68 trillion in April. However, the latest figure is 44 per cent higher than Rs 97,821 crore a year ago. Also, the mop-up in May is still the fourth-highest since the inception of GST in July 2017.
What does friction cause to the screws, ball bearings and soles of the shoes?
Which one is the largest Island of Japan?
Which of the following wind is also known as “ICE HEATER?”
Which of the following is the time taken for one complete oscillation of a sound wave in the density of the medium?
Which element is known for its high electronegativity?
Which metal exhibits the highest electrical conductivity among the following?
Which of the following does NOT exemplify Potential Energy?
What conditions must be met for stationary waves to form?
Which of the following statements about X-rays is INCORRECT ?
If input frequency of a full wave rectifier be n, then output frequency would be-