Which of the following is a feature of the Indian tax structure after the introduction of GST?
A. Unified tax on goods and services with input tax credit
B. Only central taxes without state participation
C. Complete absence of state taxes
D. Multiple cascading taxes on goods
Answer: Option A
Solution (By JKSSB Mock Tests)
GST replaced multiple cascading taxes with a unified tax on the supply of goods and services, allowing input tax credit and involving both the Centre and the States.
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