Current Affairs

GK MCQs Section
Q. When is the ‘Goods and Services Tax (GST) Day’ celebrated in India?
Answer: July 1
Notes: GST Day is celebrated on July 1 to mark completion of five years of Goods & Services Tax. It was introduced in 2017, with the idea of “One Nation- One Market- One Tax". GST is a multi-stage, indirect consumption-based tax system that subsumed a set of domestic indirect taxes such as service tax, value-added tax, purchase tax, excise duty among others.
This question is part of Daily Current Affairs 20 MCQs Series in GKToday Android Application. This series can be subscribed in the app only for Rs. 999/- for entire year.