According to 122nd Constitutional Amendment Bill 1 IGST will appropriated to the state in ...........

Economics- Phase (I & II) Monetary and Fiscal Policy

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According to 122nd Constitutional Amendment Bill,

1. IGST will appropriated to the state in which it is collected

2. No longer cess and surcharges levied

3. GST council has right to alter GST rate and resolve disputes related to GST

4. Exports are exempted from GST

1, 2, 3 correct

2, 3, 4 correct

1, 3, 4 correct

3, 4 correct

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Explanation:

It was introduced as the One Hundred and Twenty Second Amendment Bill of the Constitution of India, It replaces all indirect taxes levied on goods and services by the Indian Central and state governments. It is aimed at being comprehensive for most goods and services