Question

    With respect to GST, consider the following statements:

    1. Reduces cascading effect 2. Is a comprehensive indirect tax 3. Aimed at forging a common domestic market 4. Alcohol and petroleum are exempted from GST
    A 1, 2, 3 correct Correct Answer Incorrect Answer
    B 2, 3 correct Correct Answer Incorrect Answer
    C 2, 3, 4 correct Correct Answer Incorrect Answer
    D All the above are correct Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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