CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which state is second in Implementing GST rollout?
A
Kerala
B
Goa
C
Bihar
D
Tamilnadu
Explanation: 

Detailed explanation-1: -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-2: -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-3: -Jammu and Kashmir became the last state to implement GST, passing the resolution during a special session of the legislative assembly on Wednesday.

Detailed explanation-4: -Assam became the first state to ratify the constitutional amendment bill relating to the GST, ” Chief Minister Sarbananda Sonowal tweeted soon after it was ratified.

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