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Options
- A
GST is applicable on all goods and services imported into India
- B
GST is applicable on goods and services provided or sold in India
-
GST is applicable on all goods and services produced in India or imported into India
Correct answer
- D
GST is applicable on production and is collected at the time of sale
Why this is the answer
The Goods and Services Tax (GST) in India is a comprehensive indirect tax levied on the supply of goods and services, whether produced domestically or imported. GST applies to domestic supply of goods and services and imports, taxed via IGST. Options A, B, and D are incorrect as GST covers both domestic and imported goods/services comprehensively.
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