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Commerce · Q785

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 785

Q785

Which of the following statement is not correct about GST?

A.
GST is like a last point retail tax, it is going to be collected at point of sale
B.
GST will abolish all the direct tax levied in India
Answer
C.
It is implemented from 1st July, 2017 throughout the country
D.
It will unified the tax structure in India

Answer: Option B

Solution

Answer: Option B
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