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Taxation and Types of Taxes

GST in India ...

Question

GST in India has replaced all ___ taxes.

A

indirect

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B

direct

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C

VAT

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D

none of the above

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Solution

The correct option is A
indirect

GST, also known as Goods and Services Tax, has subsumed all indirect taxes in India such as sales tax, VAT, customs duty, service tax and excise duty.

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Similar questions

Q. 2. Enumerate the indirect taxes which have been subsumed in the goods and services tax (GST) in Indi(a) Also, comment on the revenue implications of the GST introduced in India since July 2017.

Q. GST will replace a major part of __________ taxes.

Q. Which of the following statement is correct about GST?
(i) GST is the ‘one point tax’.
(ii) This aims to replace all direct taxes levied on goods and services by the Central and State governments.
(iii) It will be implemented from 1 July 2017 through out the country.
(iv) It will unified the tax structure in India.

Q. Statement I: In India, the direct tax rate is uniform for all citizens.

Statement II: In India, a higher indirect tax is charged from wealthy and lower indirect tax from the poor.

Q. Consider the following statements:

1. Income tax is a direct and progressive tax
2. GST is an indirect tax.

Which of the above are correct?

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