Question
With reference to the Goods and Services Tax (GST)
Council, which of the following statements is/are correct?Ā 1. It is a constitutional body established under Article 279A of the Indian ConstitutionĀ 2. The Union Finance Minister is the Chairperson of the GST Council.Ā Select the correct answer using the code given below:ĀSolution
ā¢ India has completed eight years since the implementation of the Goods and Services Tax (GST) on July 1, 2017, a significant reform aimed at creating a āOne Nation, One Taxā regime. Goods and Services Tax (GST) CouncilĀ ā¢ The Goods and Services Tax (GST) Council is a constitutional body established under Article 279A of the Indian Constitution through the 101st Amendment Act of 2016.Ā ā¢ The Union Finance Minister is the Chairperson of the GST Council.Ā ā¢ The GST Council makes recommendations to the Union and the States on key GST-related issues, including: Ā Taxes, cesses, and surcharges to be subsumed under GST Ā Goods and services to be subject to or exempt from GST Ā Model GST laws, principles of levy, and apportionment of IGST Ā Tax rates, thresholds, special provisions, and any other matter relating to GSTĀ ā¢ Dispute resolution: The Council also serves as a platform to resolve disputes between the Centre and the States or among the States themselves on GST-related matters.Ā ā¢ The Centre has one-third of the total voting power, while the States collectively have twothirds.
In the question below some statements are given followed by three conclusions I, II, and III. You have to take the given statements to be true even if ...
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if t...
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Only Apple are Kiwi
All Banana are Apple
Only a few Mango are Apple
No Mango is a Pear
Conclusions:
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Statement:
I) Some cricket are hockey
II) Some hockey are golf
III) All golf are game
IV) No game is chess
Conc...
In the questions given below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true ev...
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Only few Figs is Cashews.
All Nuts are Figs.
Some Almonds are Nuts.
Conclusions:
I. Some Figs ...
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B < C ā¤ J; N > Q < J; J = S; N > Z
Conclusions:
I. Q < C
II. N < C
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All hotels are buses.
Some buses are cars.
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Some trams are clouds.
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In the question below some statements are given followed by four conclusions I, II, III and IV. You have to take the given statements to be true even i...
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