MCQOPTIONS
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| 1. |
Which of the following is not true regard to Goods and Services Tax (GST) ? |
| A. | It will replace luxury tax |
| B. | It is a direct tax |
| C. | It will replace multiple taxes on a product or service |
| D. | It is an indirect tax |
| Answer» C. It will replace multiple taxes on a product or service | |