12th Class Economics Sample Paper Economics - Sample Paper-9

  • question_answer The Government of India launched GST on the mid-night of 30th June, 2017. Is it direct tax or indirect tax? Also state its economic value.

    Answer:

    GST (Goods and Services Tax) is an indirect tax. It repealed all the indirect taxes and constitutes single tax only which reduces the complexity in taxation.                                                  


adversite



LIMITED OFFER HURRY UP! OFFER AVAILABLE ON ALL MATERIAL TILL TODAY ONLY!

You need to login to perform this action.
You will be redirected in 3 sec spinner

Free
Videos