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GATE Computer Science (CS) 2020 Solved Papers
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Question : 6
Total: 65
Goods and Services Tax (GST) is an indirect tax introduced in India in 2017 imposed on thesupply of goods and services, and it subsumes all indirect taxes except few. It is adestination-based tax imposed on goods and services used, and it is not imposed the pointof origin from where goods come. GST also has a few components spec*** state governments, central government and Union Territories (UT's).
Which one of the following statements can be inferred from the given passage?
GST does not have a component specific to UT.
GST is imposed at the point of usage of goods and services.
GST is imposed on the production of goods and services.
GST includes all indirect taxes.
Validate
Solution:
GST is imposed at the point of usage of goods and services.
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