Which of the following is not true about GST in India?
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → It is aimed at increasing the cost of business operations.
The Goods and Services Tax (GST) is aimed at reducing the cost of business operations. So the word ‘increasing’ makes Option (3) untrue.
GST is one comprehensive indirect tax on goods and services. It has replaced many separate taxes, and the laws, procedures and rates are the same across the country. It also lowers the cost of production, which makes Indian goods and services more competitive.
NCERT (2026-27): Introductory Macroeconomics — Chapter 5: Government Budget and the Economy
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