Lok Sabha has passed four Bills relating to the implementation of the Goods and Services Tax (GST). It paves way for implementing a new, consolidated indirect tax regime from the proposed date of July 1, 2017. In this context consider the following statements. 1. The four bills passed were Central GST Bill, Integrated GST Bill, GST Compensation Bill, and the Union Territory GST Bill, 2017. 2. These Bills were passed as Money Bills, thus eliminates the role of Rajya Sabha. 3. The GST laws passed by Parliament will apply to Jammu and Kashmir 4. Essential food articles will not taxed and those will continue to be zero rated under the GST. Identify the correct statements. Codes:

• A. Only 1, 2 & 3
• B. Only 1, 2 & 4
• C. Only 2 & 4
• D. All of the above