New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    In case of interstate transactions, the centre would

    levy & collect the integrated goods and services tax (IGST) under article 269A (I) of the constitution to ensure seamless flow of input tax credit from one state is another. The IGST would roughly be equal to.
    A CGST Correct Answer Incorrect Answer
    B SGST Correct Answer Incorrect Answer
    C CGST-SGST Correct Answer Incorrect Answer
    D CGST+SGST Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is D

    Practice Next

    Relevant for Exams: