Question

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)

• A. Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of the Assertion (A).
• B. Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion (A).
• C. Assertion (A) is true, but Reason (R) is false.
• D. Assertion (A) is false, but Reason (R) is true.

Hint:

GST was implemented on 1st July 2017 to unify India's indirect tax system.

Answer 1

The Correct Option is D

- 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.