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Which of the following Amendments brought the GST into existence?
  • a)
    99th Amendment Act
  • b)
    100th Amendment Act
  • c)
    101st Amendment Act
  • d)
    123rd Amendment Act
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which of the following Amendments brought the GST into existence?a)99...
  • The 101st Amendment made in 2016 brought the Goods And Services Tax (GST) in effect from 1st July 2017.
  • The first idea of GST was introduced all the way back in 2000 by the Vajpayee administration.
  • The GST brought all the various taxes under a single roof making tax administration easier.
  • The 122 Amendment bill introduced the GST bill but passed as 101 amendment Act. After parliament passes a bill , it becomes an Act.
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Which of the following Amendments brought the GST into existence?a)99th Amendment Actb)100th Amendment Actc)101st Amendment Actd)123rd Amendment ActCorrect answer is option 'C'. Can you explain this answer?
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