GST stands for Goods and Services Tax. In which year did it come into effect in India?

GST stands for Goods and Services Tax. In which year did it come into effect in India?

GST stands for Goods and Services Tax. In 2007 it came into effect in India.

GST, or Goods and Services Tax, is a game changer. The historic Budget Speech of February 28, 2006, provided the groundwork for the introduction of GST in the country, with the then-Finance Minister setting April 1, 2010 as the date for its implementation.

The tax took effect on July 1, 2017, when the Indian government implemented the One Hundred and First Amendment to the Indian Constitution. The GST replaced a number of different taxes imposed by the federal and state governments.

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Flipkart Trivia 11 June Answers

Question 1) GST stands for Goods and Services Tax. In which year did it come into effect in India?

Answer: 2017

Question 2) Which type of condiment comes from the Hindi word meaning “to crush”?

Answer: Chutney

Question 3) On April 23, whose birth is celebrated by the UN as English Language Day?

Answer: William Shakespeare

Question 4) What is the small muscular sac, situated under the liver, which stores bile called?

Answer: Gall bladder

Question 5) Which of these is caused by a sudden closure of the human glottis?

Answer: Hiccup

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