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Which of the following is best described as: Destination-based indirect tax on supply of goods and services with input-tax-credit mechanism
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Question ID #26425
UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC Indian Economy Sectional Test 2026 Medium
Which of the following is best described as: Destination-based indirect tax on supply of goods and services with input-tax-credit mechanism
A
Capital or financial account
B
GST
C
GDP
D
Depreciation of rupee
Correct Answer: B. GST
Question: Which of the following is best described as: Destination-based indirect tax on supply of goods and services with input-tax-credit mechanism
A. Capital or financial account
B. GST
C. GDP
D. Depreciation of rupee
Correct Answer: B. GST
The correct answer is GST. Destination-based indirect tax on supply of goods and services with input-tax-credit mechanism
Which of the following is best described as: Destination-based indirect tax on supply of goods and services with input-tax-credit mechanism - MCQ Explanation
This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.
Correct answer: B. GST
