2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Kolkata
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Gurugram
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New Delhi
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Lucknow
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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: -The GST was launched at midnight on 1 July 2017 by the President of India, and the Government of India. The launch was marked by a historic midnight (30 June – 1 July) session of both the houses of parliament convened at the Central Hall of the Parliament.
Detailed explanation-3: -Atal Bihari Vajpayee is known as the father of GST. He was often referred to as Bihari. He was a leader of the Bharatiya Janata Party (BJP) and twice served as the Prime Minister of India.
Detailed explanation-4: -The genesis of the introduction of GST in the country was laid down in the historic Budget Speech of 28th February 2006, wherein the then Finance Minister laid down 1st April, 2010 as the date for the introduction of GST in the country.