Question
When did the Goods and Services Tax (GS
- T become operational in India?
Solution
GST became operational in India on July 1, 2017. This comprehensive indirect tax system replaced multiple previous taxes including excise duty, service tax, and value-added tax (VAT). GST functions as a destination-based tax levied at every stage of the supply chain, though the ultimate tax burden falls on the end consumer. The implementation represented a significant reform in India's indirect taxation structure.
- With reference to the revolutionary activism in India, consider the following statements: 1. It was a violent movement based on mass activity. 2. It comple...
- Principles of Political Economy and Taxation, which introduced the theory of comparative advantage, was authored by:
- Which coasts run along the Arabian Sea?
- Which Indian state celebrated its foundation day, known as 'Utkal Divas', on April 1, 2026?
- R Vaishali, has won the _____ medal in the FIDE World Blitz Chess Championship women section in New York, USA?
- Which article of the Indian Constitution states that "The official language of the Union shall be Hindi in Devanagari script"?
- Consider the following statements in regards to World Bank Grants: 1. It approved $300 million for Tamil Nadu to help 21 Urban Local Bodies.Β 2. It approve...
- Thullal dance originated in which of the following states?
- The Telugu film βRRRβ is inspired by the lives of which Indian freedom fighters?
- Which of the following is *not* associated with the Cham Mask Dance tradition?