Arrange the sequence of events relating to formulation of Goods and Service Tax in the correct sequence.

(A) Thereafter CGST Act, UTGST Act and SGST Acts were enacted for GST

(B) The 101th Constitution Amendment Act received assent of President of Indian on 8 Sept. 2016

(C) Goods and Services Tax (GST ) became operational from 1 July 2017 in India

(D) The amendment empowered parliament and legislatures of states to make laws with reference to GST by the union and state

Choose the correct answer from the options given below :

(B), (D), (A), (C)

The correct answer from the options (1) : (B), (D), (A), (C)

Let's arrange the sequence of events relating to the formulation of Goods and  Services Tax (GST) in the correct order:

(B) The 101st Constitution Amendment Act received the assent of the President of Indian on 8th September 2016. This was a crucial milestone in the process of implementing GST in India.

(D) The amendment empowered the Parliament and legislatures of states to make laws with reference to GST by the union and state, establishing the legal framework for the GST system.

(A) Thereafter, CGST Act, UTGST Act, and SGST Acts were enacted for GST, which provided the specific legal framework and guidelines for the Central GST, Union Territory GST, and State GST respectively.

(C) Goods and Services Tax (GST) became operational from 1sy July 2017 in India, marking the official implementation and rollout of the GST system in the country.

Based on the vents, the correct sequence is (1) (B), (D), (A), (C)