Master the Basics of Goods and Services Tax (GST) with This Informative Quiz

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Questions and Answers

Which of the following is NOT an existing indirect tax in India?

  • Goods and Services Tax (correct)
  • State VAT / Sales Tax
  • Service Tax
  • Central Excise duty

What is the purpose of the EC Meetings and GSTC Meetings mentioned in the text?

  • To discuss and approve the design of the GST Law (correct)
  • To discuss and approve the administration and IT network of GST
  • To discuss and approve the existing indirect tax structure in India
  • To discuss and approve the benefits of GST

What is the main focus of the 30+ Sub-Groups & Committees mentioned in the text?

  • To discuss and approve the administration and IT network of GST
  • To discuss and approve the benefits of GST
  • To discuss and approve the existing indirect tax structure in India
  • To discuss and provide input on various aspects of GST (correct)

How many officers meetings were held to discuss the GST Law?

<p>175+ (A)</p> Signup and view all the answers

What was the purpose of the Constitution Amendment and 5 Laws approved by collaborative effort?

<p>To provide legal framework for implementing GST (B)</p> Signup and view all the answers

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