Question:
GST stands in place of
GST stands in place of
Show Hint
GST replaced many indirect taxes, and understanding the tax structure post-GST is essential for both business and taxation compliance.
Updated On: Nov 29, 2025
- Income Tax
- Wealth Tax
- Gift Tax
- Service Tax
Show Solution
Verified By Collegedunia
The Correct Option is B
Solution and Explanation
GST (Goods and Services Tax) subsumed various indirect taxes such as Service Tax, VAT, and Central Excise Duty. It replaced certain taxes, including wealth tax, which is no longer levied in India. Other taxes like income tax and gift tax are not subsumed under GST.
Was this answer helpful?
0
1
Top AP LAWCET Legal Studies Questions
- Lok Adalats have been created under ____.
- Equality of Opportunity in matters of Public Employment is discussed in ____.
- How many times the President of India can seek re-election to his post?
- Which of the given Schedule of the Indian Constitution is included the "Gram Panchayats"?
- Which one of the following dealt with the subject of Local Self Government?
View More Questions
Top AP LAWCET Tax Law Questions
Top AP LAWCET Questions
- ____ is the chairperson of Securities and Exchange Board of India, as of April 2024.
- ____ is the current chief minister of Tamil Nadu.
- ____ is the current Governor of Odisha.
- ____ is the current president of National Company Law Tribunal.
- Which entity developed and constructed India’s first hydrogen fuel cell ferry?
View More Questions