General Knowledge · Indian Economy
Which key feature of the Goods and Services Tax (GST) helps eliminate or reduce the cascading effect of tax (tax on tax)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Unified national market structure
- 2Input Tax Credit (ITC)✓
- 3Dual GST structure
- 4Destination-based tax principle
Correct answer
Input Tax Credit (ITC)
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