GENERAL KNOWLEDGE

GK

BASIC GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The proposed date of implementing GST is -
A
December 1, 2016
B
April 1, 2017
C
May 1, 2017
D
June 1, 2017
Explanation: 

Detailed explanation-1: -The government proposes to introduce GST with effect from 1st July 2017.

Detailed explanation-2: -GST was launched on the 1st July, 2017 in a majestic ceremony held in the Central Hall of Parliament on the midnight of 30th June, 2017.

Detailed explanation-3: -Vajpayee set up a committee headed by the Finance Minister of West Bengal, Asim Dasgupta to design a GST model.

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.

There is 1 question to complete.