MCQOPTIONS
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| 1. |
Consider the following the statements in regard to the goods and service tax:(1) The GST shall have two components : one levied by the central, and the other levied by the states.(2) The central GST and state GST are to be paid to the joint accounts of the center and the states.(3) While the imports would be zero-rated, the exports would be subjected to the GST. Which of the above statements is/are correct? |
| A. | 1 only |
| B. | 2 and 3 only |
| C. | 1 and 3 |
| D. | 1 and 2 only |
| Answer» B. 2 and 3 only | |