Which of the following subjects will be omitted from the Seventh Schedule under GST 1 Entry 54 from ...........

Finance (Phase -I & II) Public Finance The union budget

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Which of the following subjects will be omitted from the Seventh Schedule under GST?

1) Entry 54 from State List

2) Entry 55 from State List

3) Entry 92 and 92C from Union List

1, 2

2, 3

1, 3

All of the above

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Explanation:

GST Constitutional Amendment Bill omits Entry 92 and 92C from the Union List and Entry 52 and 55 of the State List of the Seventh Schedule.
92 of Union list – Taxes on the sale or purchase of newspapers and on advertisements published therein.
92C of Union List – Taxes on services
52 of State List – Taxes on the entry of goods into a local area
55 of State List – Taxes on advertisements other than advertisements published in the newspapers and advertisements broadcast by radio or television
54 of state list is reworded but nor omitted.