GST, introduced on July 1, 2017, stands for:
AGross Sales Tariff
BGoods and Services Tax
CGeneral Sales Tax
DGovernment Service Tax
Answer & Solution
Correct answer: B. Goods and Services Tax
1. GST is levied on supply of goods or services.
2. Its full form names both.
3. Goods and Services Tax.
_Source: NCERT Class 8 Mathematics, Chapter 7, Comparing Quantities._
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