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RRB Paramedical Staff Nurse Model Paper 4
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© examsnet.com
Question : 80
Total: 100
India will likely be able to roll out the goods and services tax (GST) from July 1 following a breakthrough on Monday over the seemingly intractable issue of tax administration after the Centre accommodated states’ concerns
Which of the following will be an impact of the given passage ?
Revenue will get a boost
Logistics, inventory costs will raise
compliance costs will raise
Both 1 and 3
Validate
Solution:
Input tax credit will encourage suppliers to pay taxes States and Centre will have dual oversight.The number of tax-exempt goods will decline and Logistics, inventory costs &compliance costs will fall
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