Goods and Services Tax (GST) is a comprehensive indirect tax levy on manufacture, sale and consumption of goods and services. However, certain items were initially kept outside the purview of GST in India.
What has been kept under the purview of Goods and Services Tax (GST) ?
Asked in RPSC RAS Prelims 2018 · Topic: Fiscal Policy & Revenue (Taxation System in India: Direct, Indirect taxes, and Tax Reforms (including GST))
More Economic Development questions
- Which one of the following is an indirect tax?
- Which one of the following is the source of direct tax?
- Which of the following taxes have been subsumed under GST (Goods and Services Tax)?
- The motto 'One Tax, One Market, One Nation' is associated with
- Consider the following statement about GST: (1) Both Central and State taxes will be collected at the point of sale (2) The Central and State GST will be charged on the manufacturing cost Which of the above statements are correct?
- What kind of Tax System is found in India ?
- Which of the following taxes are abolished by the Goods and Services Tax ?
- Direct Tax Code in India is related to which of the following?