UPSC Exam > UPSC Questions > The Union Cabinet has recently approved the p...
Start Learning for Free
The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.
1. It will be a constitutional body.
2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.
3. The Council will make recommendations to the Union and the States on GST rates.
2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.
3. The Council will make recommendations to the Union and the States on GST rates.
Select the correct answer using the codes below,
- a)1 and 2 only
- b)2 and 3 only
- c)1 and 3 only
- d)3 only
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
The Union Cabinet has recently approved the process, formation, and fu...
As per Article 279A o f th e amended Constitution, GST Council which will be a joint forum of the Centre and the States. It shall have the following composition:
1. Union Finance Minister (Chairperson).
2. The Union Minister of State (MoS) in-charge of Revenue of finance (Member) The Minister In-charge of taxation or finance or any other Minister nominated by each State Government (Members) Functions of GST Council
1. Union Finance Minister (Chairperson).
2. The Union Minister of State (MoS) in-charge of Revenue of finance (Member) The Minister In-charge of taxation or finance or any other Minister nominated by each State Government (Members) Functions of GST Council
- As per Article 279A (4), the Council will make recommendations to the Union and the States on important issues related to GST, like
- Goods and services that inay be subjected or exempted from GST
- Model GST Laws
- Principles that govern place of supply, threshold limits
- GST rates including the floor rates with bands, special rates for raising additional resources during natural disastcra'calamities, special provisions for certain States, etc.
Most Upvoted Answer
The Union Cabinet has recently approved the process, formation, and fu...
Explanation:
Constitutional Body:
- The GST Council is not a constitutional body. It is a statutory body created under Article 279A of the Constitution.
Joint Forum:
- The GST Council is indeed a joint forum of the Centre and the States, with the Prime Minister as the Chairperson.
Recommendations on GST Rates:
- One of the key functions of the GST Council is to make recommendations to both the Union and the States on the rates of Goods and Services Tax.
Therefore, the correct answer is option 'C' as stated earlier, which includes points 1 and 3 only.
Constitutional Body:
- The GST Council is not a constitutional body. It is a statutory body created under Article 279A of the Constitution.
Joint Forum:
- The GST Council is indeed a joint forum of the Centre and the States, with the Prime Minister as the Chairperson.
Recommendations on GST Rates:
- One of the key functions of the GST Council is to make recommendations to both the Union and the States on the rates of Goods and Services Tax.
Therefore, the correct answer is option 'C' as stated earlier, which includes points 1 and 3 only.
|
Explore Courses for UPSC exam
|
|
Top Courses for UPSCView all
The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer?
Question Description
The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer?.
The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer?.
Solutions for The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice The Union Cabinet has recently approved the process, formation, and functioning of the Goods and Services Tax (GST) Council. Consider the following about it.1. It will be a constitutional body.2. It will be a joint forum of the Centre and the States chaired by the Prime Minister.3. The Council will make recommendations to the Union and the States on GST rates.Select the correct answer using the codes below,a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)3 onlyCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup