Which constitutional amendment introduced the Goods and Services Tax (GST) in India?
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A.
100th Amendment
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B.
101st Amendment
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C.
102nd Amendment
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D.
103rd Amendment
Correct Answer:
B. 101st Amendment
Explanation:
The 101st Constitutional Amendment Act, 2016, officially introduced the Goods and Services Tax (GST) in India. This landmark legislation, which evolved from the 122nd Amendment Bill, received presidential assent on September 8, 2016, and was fully implemented on July 1, 2017. The amendment significantly restructured India's indirect tax system by subsuming various central and state taxes into a single, unified tax regime. It also established the GST Council, a joint forum of the Centre and States, and inserted Article 246A into the Constitution to grant both Parliament and State Legislatures concurrent powers to make laws regarding GST.
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