Which Amendment Act 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 Amendment Act, 2016, introduced the Goods and Services Tax (GST) in India, which officially commenced on July 1, 2017. This landmark constitutional amendment enabled both the Central and State governments to simultaneously levy and collect taxes on the supply of goods and services. By subsuming various indirect taxes—such as excise duty, service tax, VAT, and luxury tax—into a single unified tax structure, the amendment aimed to create a harmonized national market and eliminate the cascading effect of taxes. It also established the GST Council, a joint forum of the Center and States, to oversee the implementation and regulation of the tax regime across the country.
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