The question asks for the official rollout date of the Goods and Services Tax (GST) in India. This is a factual question related to Indian economic and political history.
The Goods and Services Tax (GST) is a comprehensive indirect tax that was introduced in India to replace multiple cascading taxes levied by the central and state governments. Its implementation was a significant economic reform.
After years of deliberation and legislative processes, the GST was officially launched at a special midnight session of Parliament on June 30, 2017, and came into effect from July 1, 2017.
D) Midnight of 1 July 2017 — This is the correct date when GST was officially rolled out and implemented across India.
The question asks to identify the slogan most commonly associated with the introduction of Goods and Services Tax (GST) in India. This requires knowledge of popular government initiatives and their associated taglines.
Correct Option: C) 'One Nation, One Tax' is the slogan most popularly associated with the introduction of GST in India, as it accurately describes the tax's objective of creating a unified indirect tax system across the country.
The question asks to identify the specific Constitutional Amendment Act that facilitated the introduction of the Goods and Services Tax (GST) in India. This requires knowledge of major constitutional amendments and their purposes.
Correct Option: C) 101st Constitutional Amendment Act, 2016. This amendment specifically enabled the introduction of the Goods and Services Tax (GST) in India by granting concurrent powers to both the Parliament and State Legislatures to make laws with respect to GST.
The question asks for the original bill number under which the 101st Constitutional Amendment Act, which introduced the Goods and Services Tax (GST), was introduced in Parliament. To answer this, one needs to recall the legislative history of the GST.
B) Constitution (122nd Amendment) Bill, 2014. This bill was indeed the one that, after passing through Parliament and state ratifications, became the 101st Constitutional Amendment Act, 2016, which implemented the Goods and Services Tax (GST).
The question asks for the date on which the Constitution (101st Amendment) Act, which introduced the Goods and Services Tax (GST) in India, received the President's assent. This is a factual question related to Indian constitutional history and economic reforms.
Correct Option: C) 8 September 2016
The question asks about the number of central and state taxes and cesses that were subsumed under the Goods and Services Tax (GST) in India. This requires knowledge of the specific taxes and cesses that GST replaced.
Correct Option: D) 17 different taxes and 13 cesses
The Goods and Services Tax (GST) subsumed 8 central taxes and 9 state taxes, making a total of 17 taxes. Additionally, 13 cesses were also integrated into the GST regime. This was a significant reform aimed at creating a unified national market and simplifying the indirect tax structure.