Which of the following is a major objective of the Goods and Services Tax in India?
A. To increase the number of indirect taxes
B. To increase cascading of taxes
C. To create a unified national market and reduce cascading effect
D. To eliminate all central taxes
Answer: Option C
Solution (By JKSSB Mock Tests)
GST aims to create a common national market, eliminate the cascading effect of taxes through input tax credit, and simplify the indirect tax structure.
No comments yet. Be the first to start the discussion!