Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative given below:Assertion (A): Goods and Services Tax (GST) was implemented by the Government of India on 8th November, 2016. Reason (R): GST was introduced to implement a unified indirect tax system in India. (Choose the correct alternative)
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GST was implemented on 1st July 2017 to unify India's indirect tax system.
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of the Assertion (A).
Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion (A).
Assertion (A) is true, but Reason (R) is false.
Assertion (A) is false, but Reason (R) is true.
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The Correct Option isD
Solution and Explanation
- Assertion (A) is false: GST was implemented on 1st July 2017, not 8th November 2016.
- Reason (R) is true: GST was introduced to replace multiple indirect taxes and create a unified tax system in India.
Conclusion:
Since the date mentioned in Assertion (A) is incorrect but Reason (R) is valid, option (D) is the correct answer.
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