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SSC GD 2023 PYQ — Question 31

SSC GD Constable (English) - 16 Jan 2023 - Shift 1 • General Awareness • Q31

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The Goods and Services Tax, Act commenced from________.

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Correct answer: A

Explanation

The correct answer is option 1 i.e. 1 July 2017.

The Goods and Services Tax Act commenced from 1 July 2017.

  • With the implementation of the GST laws on July 1st, 2017, a convoluted web of federal and state taxes was superseded.
  • Goods and services are divided into several tax slabs under the Indian GST, including 5%, 12%, 18%, and 28%.
  • The first Indian state to approve a GST bill was Assam.