Economics · Economy
Which among the following statements regarding the Goods and Services Tax (GST) is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The 100th Constitutional Amendment Amendment introduced GST in the country.
- 2The Central Government holds a 100 per cent stake in the GST Network.
- 3The GST Network (GSTN) was initially formed under the Companies Act.✓
- 4The GST Council is a statutory body.
Correct answer
The GST Network (GSTN) was initially formed under the Companies Act.
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