2017 · Q102
Goods and Services Tax likely to be levied in India is not a
General KnowledgeIndian Economy
- Agross value tax
- Bvalue-added tax
- Cconsumption tax
- Ddestination-based tax
Explanation
GST is a value-added, consumption-based, destination-based tax — but ‘gross value tax’ is not a recognised description of it. Hence A (‘not a’).