VAT replacement of General Sales Tax - General Economics & Indian Economy

Q.  Which of the following statements are true?

1. VAT has been implemented in all the states & union territories of India

2. It replaced General Sales Tax

3. Haryana became the first State in the country that had adopted VAT
- Published on 07 Jul 15

a. 1,2
b. 2,3
c. 1,3
d. All

ANSWER: All
 
Sales tax is a State subject, the Central Government has been playing the role of a facilitator for successful implementation of VAT.

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