Question

Which country was the first to implement Goods and Services Tax (GS

Q: Answer-Which country was the first to implement Goods and Services Tax (GST)?

The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment of the Constitution of India by the Indian government. The GST replaced existing multiple taxes levied by the central and state governments . Goods and services are divided into five different tax slabs for collection of tax 0, 5, 12, 18 and 28.