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satyam kumar

· started a discussion

· 1 Months ago

gk qustn (Question: 191330.0 )

gst is modified alternate tax..it include vat ,service tax, and other tax.so answer should be c option

Question:
Goods and services tax is ______________.
Options:
A) Value added tax
B) Corporate tax 
C) Modified alternate tax 
D) All of these 
Solution:
Ans: (a) 

The Goods and Services Tax (GST) is a Value Added Tax (VAT) to be implemented  in India, the decision on which is pending. It will replace all indirect taxes levied on goods and services by the Indian Central and State governments. It is aimed at being comprehensive for must goods and services. 

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