Correct Answer – Option 4 : 12^th April 2017

The correct answer is 12^th April 2017.

• Goods and Services Tax (GST) is an indirect tax used in India on the manufacture, sale, and consumption of goods and services in India.
• The president of India gave assent to the Central GST Law on 12^th April 2017.
• It came into effect from 1^st July 2017 in India.
• It substituted all indirect tax on the manufacture, sale, and consumption of goods and services throughout India.

• GST was passed as the 101^st Amendment act.
• Assam was the first state to approve the GST bill.
• The approval of 16 states was required for implementing GST.
• Odisha became the 16th state to approve the GST bill.
• The slogan of GST is One Nation, One Tax, One Market.