question_answer

Which of the following' statements is incorrect?

A) VAT is the neutral tax since it does not influence the organisation of production

B) VAT is easier to enforce than the sales tax to impose through cross-checking

C) GST consists of three components such as Central-GST, State-GST and Local-GST

D) Central -GST and State -GST will apply to all transaction of goods and services

E) The Union Government of India passed the General Sales Tax in 1956