GST system was introduced in our country from . . .
(A) 31st March 2017
(B) 1st April 2017
(C) 1st January 2017
(D) 1st July 2017
Answers
Answered by
10
1 July 2017 is the ans.
Hope it will help
Hope it will help
Answered by
4
Answer:
Option D is correct.
Step-by-step explanation:
Goods and Service Tax (GST) is an indirect tax levied on the supply of goods and services. This law has replaced many indirect tax laws that previously existed in India.
Transactions made within a single state are levied with Central GST (CGST) by the Central Government and State GST (SGST) by the State governments. For inter-state transactions and imported goods or services, an Integrated GST (IGST) is levied by the Central Government of India.
It is introduced from 1st July 2017.
Therefore, Option D is correct.
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