Which of the following type of tax is submitted in Indian GST?
- AIncome Tax
- BService Tax
- CWealth Tax
- DProperty Tax
Solution & Step-by-step Explanation
Goods and Services Tax (GST) is an indirect tax that replaced many central and state indirect taxes in India. Service Tax, Central Excise Duty, VAT, and Luxury Tax were subsumed into GST. Direct taxes like Income Tax, Wealth Tax, and Property Tax remain separate outside the purview of GST.