Solveeit Logo

Question

Economics Question on Tax

Identify the statement which is incorrect about GST?

A

GST is known as single comprehensive indirect tax

B

It has amalgamated a large number of central and state taxes and cess

C

It is destination based consumption tax

D

It was operational from 1 June 2016

Answer

It was operational from 1 June 2016

Explanation

Solution

The correct option is (D): It was operational from 1 June 2016