A
1 only
B
2 only
C
Neither 1 nor 2
D
Both 1 and 2
Correct answer: (a) 1 only
Explanation
Statement 1 is correct because export of services under GST is zero-rated, permitting full input tax credit refunds. Statement 2 is incorrect because the GST Council proposed clarifying export definitions and refund rules precisely to resolve tax litigation and clarify that legitimate IT firms and GCC exports should not be wrongfully lumped under restrictive intermediary service definitions.
समान विषय · पिछले पेपर
UPSC ने यह पहले भी पूछा है
ये पिछले वर्षों के प्रश्न उसी विषय पर हैं। अभ्यास के लिए खोलें।
-
2019 · Q65 · General Studies · 2 marks
In the context of India, which of the following factors is/are contributor/ contributors to reducing the risk of a currency crisis? 1. The foreign currency earnings of India's IT sector 2. Increasing the government expenditure 3. Remittances from Indians abroad Select the correct answer using the code given below -
2020 · Q7 · General Studies · 2 marks
A constitutional government by definition is a -
2019 · Q85 · General Studies · 2 marks
In the context of polity, which one of the following would you accept as the most appropriate definition of liberty? -
2018 · Q98 · General Studies · 2 marks
Consider the following statements: 1. The definition of "Critical Wildlife Habitat" is incorporated in the Forest Rights Act, 2006. 2. For the first time in India, Baigas have been given Habitat Rights. 3. Union Ministry of Environment, Forest and Climate Change officially decides and declares Habitat Rights for Primitive and Vulnerable Tribal Groups in any part of India. Which of the statements given above is/are correct?