Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

Which of the following statements is false about Goods and Services Tax?

Options:

It ends the far reaching effect of the tax.

It has no compliance cost.

It resolved disputes related to the classification of goods and services.

Goods and Services Tax would not be an expense to the retail sellers and therefore there is no hidden taxes.

Correct Answer:

It has no compliance cost.