Taxation System · UPSC CDS/OTA · Question 3 of 30

Taxation System – Question 3

Step-by-step solution. Taxation System for UPSC CDS/OTA.

Topic
Taxation System
Subject
General Studies
Difficulty
Medium
Solve Time
45–60 sec

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Q · Taxation SystemMedium · 45s

With reference to the Goods and Services Tax (GST) in India, consider the following statements: 1. GST is a destination-based tax. 2. Petroleum products are currently outside the purview of GST. 3. GST subsumed Excise Duty on liquor for human consumption. Which of the above is/are correct?

TopicTaxation System
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

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GST is destination-based, and petroleum is outside GST. Liquor for human consumption is outside GST’s scope.

Final Answer: Option B — 1 and 2 only
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Taxation System Question 3 – UPSC CDS/OTA