MCQ Practice Single Best Answer Topic: Constitution MCQs

Q What type of tax is GST?

Question ID
#9780
Subchapter
Constitution MCQs
Action
Choose one option below

Choose Your Answer

Click an option to check whether your answer is correct.

  • A Direct tax
  • B Indirect tax
  • C It depends on the goods and services
  • D It depends on the associate states
Correct Answer: B

Explanation

Goods and Service Tax (GST) is a type of indirect tax which is levied on the supply of goods and services. It is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer.

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