LIVE SESSION
Important MCQs on GST
NTA UGC NET COMMERCE | LEGAL ASPECTS OF BUSI
Goods & Services Tax
www.everstudy.co.in
, Question
Q1. Which of the following is incorrect about inception of
GST in India?
a. Kelkar Task Force in 2004 strongly recommended fully
integrated ‘GST’ on national basis.
b. Constitution (101st Amendment) Act, 2016 paved
way for introduction of GST in India.
c. GST was launched on PAN India basis covering all the
states except Jammu & Kashmir on 1st July 2017.
d. None of the above
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, Explanation
Journey of GST in India
Idea of national Goods and Services Tax (GST) was mooted by Kelkar Task Force in 2004.
Then Union Finance Minister, Shri P. Chidambaram, while presenting the Central Budget (20
announced that GST would be introduced from April 1, 2010.
Talks gained momentum in 2014 when the NDA Government tabled the Constitution (122nd Am
Bill, 2014 which became Constitution (101st Amendment) Act, 2016 on 8th September, 2016.
This was followed by enacted by central and state GST laws and finally on 1st July
2017, GST was launched. J&K also passed the GST law on 8th July 2017 leading to
True Economic Integration of India.
www.everstudy.co.in
, Question
Q1. Which of the following is incorrect about inception of
GST in India?
a. Kelkar Task Force in 2004 strongly recommended fully
integrated ‘GST’ on national basis.
b. Constitution (101st Amendment) Act, 2016 paved
way for introduction of GST in India.
c. GST was launched on PAN India basis covering all the
states except Jammu & Kashmir on 1st July 2017.
d. None of the above
www.everstudy.co.in
Important MCQs on GST
NTA UGC NET COMMERCE | LEGAL ASPECTS OF BUSI
Goods & Services Tax
www.everstudy.co.in
, Question
Q1. Which of the following is incorrect about inception of
GST in India?
a. Kelkar Task Force in 2004 strongly recommended fully
integrated ‘GST’ on national basis.
b. Constitution (101st Amendment) Act, 2016 paved
way for introduction of GST in India.
c. GST was launched on PAN India basis covering all the
states except Jammu & Kashmir on 1st July 2017.
d. None of the above
www.everstudy.co.in
, Explanation
Journey of GST in India
Idea of national Goods and Services Tax (GST) was mooted by Kelkar Task Force in 2004.
Then Union Finance Minister, Shri P. Chidambaram, while presenting the Central Budget (20
announced that GST would be introduced from April 1, 2010.
Talks gained momentum in 2014 when the NDA Government tabled the Constitution (122nd Am
Bill, 2014 which became Constitution (101st Amendment) Act, 2016 on 8th September, 2016.
This was followed by enacted by central and state GST laws and finally on 1st July
2017, GST was launched. J&K also passed the GST law on 8th July 2017 leading to
True Economic Integration of India.
www.everstudy.co.in
, Question
Q1. Which of the following is incorrect about inception of
GST in India?
a. Kelkar Task Force in 2004 strongly recommended fully
integrated ‘GST’ on national basis.
b. Constitution (101st Amendment) Act, 2016 paved
way for introduction of GST in India.
c. GST was launched on PAN India basis covering all the
states except Jammu & Kashmir on 1st July 2017.
d. None of the above
www.everstudy.co.in
