Identify the statement which is incorrect about GST ?
Answer & explanation
Correct answer: option 4
The correct answer is option (4) : It was operational from 1 June 2016
GST (Goods and Services Tax) was officially implemented in India on July 1, 2017, and not from June 1, 2016. The rollout of GST marked a significant reform in the taxation system by replacing various indirect taxes levied by the central and state governments.