Question

GST will be levied on………………..
A) Manufacturers
B) Retailers
C) Consumers
D) All of the above

Answer 1

GST will be levied on D) All of the above i.e. Manufacturers, retailers, consumers etc.

• GST stands for goods and service tax.
• From the 1st July 2017 GST is adopted in the country by the prime minister Narendra Modi.
• Later IGST i.e. Integrated Goods and Service Tax have been passed.
• It was made in the presence of presidentship of Pranab Mukharji.
• All the other taxes are vanished and  goods and services are vanished and GST have been applied in the midnight.

Answer 2

GST will be levied on (Option D)All of the above.

• The word "Levied" means to collect by legal authority.
• The GST or goods and services tax is a tax on goods, products, and services sold in any particular country. The GST is included in the final price and paid directly by customers during buying, which is proceeded by the government. All manufacturers, retailers even consumers have to pay GST each year.