Goods and services tax became operational from _____.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → 1 July 2017
The Goods and Services Tax (GST) is a single indirect tax on the supply of goods and services. It came into force from 1 July 2017, for the Centre and the states alike. Its slogan is ‘One Nation, One Tax, One Market’.
NCERT (2026-27): Introductory Macroeconomics — Chapter 5: Government Budget and the Economy
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