Which country was first to implement Goods and Services Tax (GST)? || ADRE 1.0 SLRC 2022 PAPER-III SOLVED QUESTIONS

Which country was first to implement Goods and Services Tax (GST)?

(A) Germany

(B) France

(C) Canada

(D) USA


Answer: B) France


Explanation:

France was the first country to implement the Goods and Services Tax (GST) in 1954. The French system of indirect tax on the sale of goods and services inspired the adoption of GST in many other countries worldwide.

This question tests knowledge of global economic history and was previously asked in ADRE's SLRC-2022 Paper-III, highlighting its relevance for candidates preparing for competitive exams.


Why this question is important

Understanding the origins of significant economic policies like GST is crucial for competitive exams like ADRE, as it reflects awareness of global economic developments and their impact.

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