📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    What is the main objective of introducing Goods and

    Services Tax (GST) by a government?
    A To reduce consumer spending Correct Answer Incorrect Answer
    B To complicate the tax system Correct Answer Incorrect Answer
    C To abolish indirect taxes entirely Correct Answer Incorrect Answer
    D To create a more streamlined tax system Correct Answer Incorrect Answer

    Solution

    The primary goal of implementing GST is to create a more streamlined tax system, consolidating various indirect taxes into a single tax, making it easier for businesses and individuals to comply with tax regulations.

    Practice Next
    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call