Consider the following statements regarding the Goods and Services Tax (GST) in India1. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer.2. GST has subsumed various indirect taxes like Central Excise Duty, Service Tax, and Value Added Tax (VAT).3. The GST Council is a constitutional body to recommend rates and policies on GST.Which of the above statements is/are correct? - Study24x7
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Dev kumar
30 Oct 2024 11:37 AM study24x7 study24x7

Consider the following statements regarding the Goods and Services Tax (GST) in India

1. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer.
2. GST has subsumed various indirect taxes like Central Excise Duty, Service Ta...

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A

1 and 2 only

B

2 and 3 only

C

1 and 3 only

D

1, 2, and 3

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