Current Affairs · Taxation in India
Consider the following statements regarding Value Added Tax (VAT) in India: a. VAT was introduced in India from 1st April, 2005. b. VAT was introduced by all States/Union Territories except the Union Territory of Jammu and Kashmir. Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Both a and b are incorrect
- 2Both a and b are correct
- 3Only b is correct
- 4Only a is correct✓
Correct answer
Only a is correct
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Taxation in India MCQs →Want more practice questions on Taxation in India?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Taxation in India