Question
With reference to ‘Goods and Services Tax (GST)’ ,
consider the following statements: 1.The idea of a nationwide GST in India was first proposed by the Kelkar Task Force on Indirect taxes in 2000. 2.GST was introduced through the 101st Constitution Amendment Act, 2016 3.The GST has subsumed indirect taxes like excise duty, Value Added Tax (VAT), service tax, luxury tax etc. Which of the above statements is/are not correct?Solution
The idea of a nationwide GST in India was first proposed by the Kelkar Task Force on Indirect taxes in 2000 to replace the prevailing complex and fragmented tax structure. GST was introduced through the 101st Constitution Amendment Act, 2016 with the slogan of ‘One Nation One Tax’. The GST has subsumed indirect taxes like excise duty, Value Added Tax (VAT), service tax, luxury tax etc.
17.22 × 10.99 + 146.15 = ?
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
456.9 + 328.10 - 122.98 = ? + 232.11
What will be the approximate value of the following questions.
(1/2 of 959.90 + 69.69% of 359.79) ÷ (√63.94 × 2/5 of 250.14) = ?
The Average of P1, P2, and P3 is 60. Given that P1 is equal to 1/3rd of this average, what is the average value of P2 and P3?
20.132 ÷ 62.5% of 11.16 = ? + 5109.21
A man must travel 600 km in 12 hours. If he traveled the first 40% of the journey at a constant speed of 80 km/h, at what speed must he travel the remai...
115.98 + 109.01 + (√575 - 17) X 20.09 - 204.89 + 38.03 = ?
(168.24 ÷ 23.98) x 19.81 + ? = 176.33
