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) was introduced in India to simplify the indirect tax structure by replacing multiple state and central taxes with a single unified tax system. Hence, the statement that GST is aimed at increasing the cost of business operations is not true.