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What is the main objective of the Goods and Services Tax (GST) implemented in In

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Question: What is the main objective of the Goods and Services Tax (GST) implemented in India?

Options:

  1. Increase tax rates
  2. Simplify tax structure
  3. Reduce tax compliance
  4. Increase government revenue

Correct Answer: Simplify tax structure

Solution: 

The main objective of GST is to simplify the tax structure.

What is the main objective of the Goods and Services Tax (GST) implemented in In

Practice Questions

Q1
What is the main objective of the Goods and Services Tax (GST) implemented in India?
  1. Increase tax rates
  2. Simplify tax structure
  3. Reduce tax compliance
  4. Increase government revenue

Questions & Step-by-Step Solutions

What is the main objective of the Goods and Services Tax (GST) implemented in India?
No concepts available.
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