Goods and services tax (GST) became operational from ______.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 1 July 2017.
- On 1st July, 2017, GST laws were implemented, replacing a complex web of Central and State taxes.
- Under the Indian GST, goods and services are categorized into different tax slabs, including 5%, 12%, 18%, and 28%.