Economics · Public Finance
Identify the correct statements related to Goods and Services Tax (GST) in India: 1. Vijay Kelkar Committee recommended GST to replace the existing indirect tax regime. 2. GST is a destination-based consumption tax. 3. GST was introduced via the 101st Constitutional Amendment Act. 4. The Union Finance Minister serves as the Chairperson of the GST Council.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, 3, and 4
- 21, 2, and 3 only✓
- 32 and 3 only
- 41 and 4 only
Correct answer
1, 2, and 3 only
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