Economics · Taxation in India
What is the primary objective of a government in implementing the Goods and Services Tax (GST)?
- 1To simplify the indirect tax structure by creating a unified market✓
- 2To eliminate all direct and indirect taxes completely
- 3To discourage consumption of all domestic goods
- 4To increase the multi-layered cascading effect of the tax system
Correct answer
To simplify the indirect tax structure by creating a unified market
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