Question

GST came into force from

• A. 1st January 2017
• B. 1st April 2017
• C. 1st July 2017
• D. 1st August 2017

Hint:

Dates of major legislative enactments and significant national reforms (like GST implementation, demonetisation, etc.) are important for general knowledge sections of law and other competitive exams. It is advisable to maintain a list of such key dates.

Answer 1

The Correct Option is C

Step 1: Understanding the Concept:
The question asks for the specific date on which the Goods and Services Tax (GST) regime was implemented in India. GST is a comprehensive, multi-stage, destination-based indirect tax that replaced numerous indirect taxes levied by the central and state governments.

Step 2: Detailed Explanation:
The implementation of GST was a landmark event in India's history of fiscal reforms.
\[\begin{array}{rl} \bullet & \text{The Constitution (One Hundred and First Amendment) Act, 2016, paved the way for the introduction of GST. } \\ \bullet & \text{Following this, the Central Goods and Services Tax Act, 2017, the Integrated Goods and Services Tax Act, 2017, and various State Goods and Services Tax Acts were passed. } \\ \bullet & \text{The government officially launched and implemented the GST system across India at midnight on 1\textsuperscript{st July 2017}. } \\ \end{array}\] This date is significant as it marked the shift to the "One Nation, One Tax" system.

Step 3: Final Answer:
The correct answer is (C) as the Goods and Services Tax (GST) came into force in India on 1\textsuperscript{st} July 2017.