Practicing Success
"One nation-one tax", is linked with which of the following options? |
Value added tax regime Goods and services tax Corporate Tax Both 2 and 3 |
Goods and services tax |
Goods and service tax is a destination based taxation sytem implemented in 2017 and was applicable throughout India. It helped in replacing the multiple cascading taxes levied by the central and state governments. Thus, was referred as "One nation-one tax". |