With reference to the Goods and Services Tax (GST)Council, consider the following statements:1. It is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.2. One-tenth of the total number of members of the GST Council shall constitute the quorum at its meeting.3. Each decision of the council must be supported by a majority of not less than one-half of the weighted votes of the members present and voting.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'A'. Can you explain this answer?

EduRev

All Courses

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

UPSC Exam > UPSC Questions > With reference to the Goods and Services Tax ...

Join the Discussion on the App

With reference to the Goods and Services Tax (GST) Council, consider the following statements:

1. It is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.

2. One-tenth of the total number of members of the GST Council shall constitute the quorum at its meeting.

3. Each decision of the council must be supported by a majority of not less than one-half of the weighted votes of the members present and voting.

How many of the above statements are correct?

a)
Only one
b)
Only two
c)
All three
d)
None

Correct answer is option 'A'. Can you explain this answer?

FREE This question is part of

Daily Current Affairs MCQ- June 24, 2024

Attempt Test

Attempt this Test

Most Upvoted Answer

With reference to the Goods and Services Tax (GST)Council, consider th...

The GST Council recently announced various recommendations relating to taxation, ITC claims and demand notices.

About GST Council:

It is a constitutional body responsible for making recommendationson issues related to the implementation of the Goods and Services Tax (GST) in India.
Article 279A of the Indian Constitution gives power to the President of India to constitute a joint forum of the Centre and States called the GST Council, consisting of:
Union Finance Minister as Chairperson
Union Minister of State, in-charge of Revenue of finance
Minister in-charge of finance or taxation, or any other Minister nominated by each State Government
It is an apex committee to modify, reconcile, or make recommendations to the Union and the States on important issues related to GST, like the goods and services that may be subjected to 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 calamities/disasters, special provisions for certain States, etc.
Decisions in the GST Council are taken during its meetings.
One half of the total number of members of the GST Council shall constitute the quorum at its meeting.
Each decision of the council must be supported by a majority of not less than three-fourth of weighted votes of the members present and voting.
The vote of the Central Government shall have a weightage of 1/3rd of the votes cast, and the votes of all the State Governments taken together shall have a weightage of 2/3rd of the total votes cast in that meeting.
Secretariat:
The Secretariat manages the GST Council.
It is manned by officers taken on deputation from both the Central and State Governments.
The entire cost of managing the Secretariat is borne by the Central Government.
The Ex-officio Secretary to the GST Council is the Revenue Secretary of India.
The office of the council is located in New Delhi.

Hence option a is the correct answer.

Answered by Notes Wala · View profile

Attention UPSC Students!

To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.

Current Affairs & Hindu Analysis: Daily, Weekly & Monthly

History for UPSC CSE

Lucent for GK

Indian Polity for UPSC CSE

View all answers Start learning for free

< Previous Question Next Question >

Explore Courses for UPSC exam

Similar UPSC Doubts

-With reference to State Finance Commission, consider the following statements.1. It is constituted by the President to make Panchayati Raj Institutions financially less dependent on stategovernment.2. The recommendations of state finance commission include the principles that should govern thedetermination of taxes, duties that may be assigned to Panchayats.3. It has constitutional status.Which of the above statements is/are correct?

View answer

Consider the following statements regarding the Nehru Report:1. It was the first major attempt by the Indians to draft a Constitutional Framework for the country.2. The Report was based on the recommendation by a Sub-Committee under the Chairmanship of Jawahar Lal Nehru.3. The Report confined itself to British India.Which of the statements given above is/are correct?

View answer

The GST Council is a constitutional body responsible for

View answer

Which of the following statements is incorrect regarding the Constitutional Amendment Bill in India?

View answer

The Rajya Sabha can only make the recommendations with regard to Money Bill. Consider the following statements and mark the incorrect one

View answer

Top Courses for UPSCView all

Current Affairs & Hindu Analysis: Daily, Weekly & Monthly

History for UPSC CSE

Lucent for GK

Indian Polity for UPSC CSE

CSAT Preparation

Top Courses for UPSC

View all

With reference to the Goods and Services Tax (GST)Council, consider the following statements:1. It is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.2. One-tenth of the total number of members of the GST Council shall constitute the quorum at its meeting.3. Each decision of the council must be supported by a majority of not less than one-half of the weighted votes of the members present and voting.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'A'. Can you explain this answer?

Share with a Friend

Answer this doubt

Question Description
With reference to the Goods and Services Tax (GST)Council, consider the following statements:1. It is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.2. One-tenth of the total number of members of the GST Council shall constitute the quorum at its meeting.3. Each decision of the council must be supported by a majority of not less than one-half of the weighted votes of the members present and voting.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Goods and Services Tax (GST)Council, consider the following statements:1. It is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.2. One-tenth of the total number of members of the GST Council shall constitute the quorum at its meeting.3. Each decision of the council must be supported by a majority of not less than one-half of the weighted votes of the members present and voting.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Goods and Services Tax (GST)Council, consider the following statements:1. It is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.2. One-tenth of the total number of members of the GST Council shall constitute the quorum at its meeting.3. Each decision of the council must be supported by a majority of not less than one-half of the weighted votes of the members present and voting.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'A'. Can you explain this answer?.

Solutions for With reference to the Goods and Services Tax (GST)Council, consider the following statements:1. It is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.2. One-tenth of the total number of members of the GST Council shall constitute the quorum at its meeting.3. Each decision of the council must be supported by a majority of not less than one-half of the weighted votes of the members present and voting.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'A'. 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 With reference to the Goods and Services Tax (GST)Council, consider the following statements:1. It is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.2. One-tenth of the total number of members of the GST Council shall constitute the quorum at its meeting.3. Each decision of the council must be supported by a majority of not less than one-half of the weighted votes of the members present and voting.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of With reference to the Goods and Services Tax (GST)Council, consider the following statements:1. It is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.2. One-tenth of the total number of members of the GST Council shall constitute the quorum at its meeting.3. Each decision of the council must be supported by a majority of not less than one-half of the weighted votes of the members present and voting.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for With reference to the Goods and Services Tax (GST)Council, consider the following statements:1. It is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.2. One-tenth of the total number of members of the GST Council shall constitute the quorum at its meeting.3. Each decision of the council must be supported by a majority of not less than one-half of the weighted votes of the members present and voting.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of With reference to the Goods and Services Tax (GST)Council, consider the following statements:1. It is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.2. One-tenth of the total number of members of the GST Council shall constitute the quorum at its meeting.3. Each decision of the council must be supported by a majority of not less than one-half of the weighted votes of the members present and voting.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice With reference to the Goods and Services Tax (GST)Council, consider the following statements:1. It is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.2. One-tenth of the total number of members of the GST Council shall constitute the quorum at its meeting.3. Each decision of the council must be supported by a majority of not less than one-half of the weighted votes of the members present and voting.How many of the above statements are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.

Explore Courses for UPSC exam