Multiple choice

Lok Sabha has passed CST phase out Bill, according to which CST in the country will be removed by

  1. March 31, 2008

  2. March 31, 2009

  3. March 31, 2010

  4. March 31, 2011
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Central Sales Tax (CST) was planned to be phased out in steps to pave the way for the implementation of Goods and Services Tax (GST). The initial target for complete removal was set for March 31, 2010, though the actual GST rollout happened much later. This phase-out was intended to eliminate the cascading effect of taxes on inter-state trade.

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