2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Haryana
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Punjab
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Jammu and Kashmir
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Telangana
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Detailed explanation-1: -The single pan-India tax will replace the excise duty, countervailing duty and service tax, as also state taxes such as value-added tax, entry tax and luxury tax. Assam is the first state of India to pass GST Bill.
Detailed explanation-2: -On 12 August 2016, Assam became the first state to ratify GST Bill. Bihar and Jharkhand became the second and third states to ratify GST on 16th August and 17th August 2016. It was passed by Lok Sabha on 8 August 2016 and by Rajya Sabha on 3 August 2016.
Detailed explanation-3: -The Goods and Services Tax or GST is a major indirect tax reform introduced in India by integrating the major indirect taxes of the centre and states. It is a comprehensive tax levied on the manufacture, sale, and consumption of goods and services. The GST is a destination-based consumption tax made on value addition.