MCQOPTIONS
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| 1. |
The Goods and Services Tax (GST) Council is likely to consider a proposal to increase GST on mobile phones to 18%. Consider the following statements about it.n1. The aim of the proposal is to correct the inverted duty structure being faced by the industry.n2. Presently, Mobile phones attract a 10% GST rate.nChoose the correct option on the basis of the statement |
| A. | Only 1 |
| B. | Only 2 |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» B. Only 2 | |