The 101st constitution amendment act of the Indian Constitution introduced the system of
_________.
Show answer & explanation
Correct answer: A
Explanation
The Correct answer is option 1 i.e. one nation, one tax'.
- 101st Constitution Amendment Act, 2016 introduced the Goods and Services Tax.
- GST replaced respective taxes levied by the central and state governments.
- It is an indirect tax for the whole country on the lines of “One Nation One Tax” to make India a combined market.
- Goods and Services Tax is a widespread indirect tax on the manufacture, sale, and consumption of goods and services throughout India.