Multiple Choice Questions on The GST Goods and Services Tax is being touted as a tax that will lead to Ease of Doing Business in ........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

The GST Goods and Services Tax is being touted as a tax that will lead to Ease of Doing Business in ...........

Economic Affairs Tax System
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    The GST (Goods and Services Tax) is being touted as a tax that will lead to Ease of Doing Business in India. Which of the following is not correct in this respect?

    By reforming the tax structure it will lead to lowering of direct tax burden on the businesses

    Correct Answer

     It will reduce the time taken for inter-state logistics

    Incorrect Answer

     It will ease the tax compliance by integrating a series of indirect taxes.

    Incorrect Answer

    GST will allow zero rated exports.

    Incorrect Answer
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    Explanation:

    GST has nothing to do with Direct taxes; it is an indirect tax reform

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