GST Statement Analysis
The question asks to identify the statement that is NOT true regarding Goods and Services Tax (GST).
Let's analyze each option:
- Option 1: France is the first country to introduce GST. This statement is true. France introduced a Value Added Tax (VAT), a precursor to modern GST, in 1954.
- Option 2: India has chosen Canada's structure of dual GST. This statement is true. India follows a dual GST model where both the central government (CGST) and state governments (SGST) levy tax on the supply of goods and services within their jurisdictions. This structure is similar to Canada's GST system.
- Option 3: GST cannot be collected by the state government. This statement is NOT true. In India's dual GST model, state governments are empowered to collect GST, specifically the SGST (State Goods and Services Tax) and UTGST (Union Territory Goods and Services Tax) on intra-state supplies.
- Option 4: July 1st is celebrated as GST day by the Central Board of Excise and Customs. This statement is true. India implemented GST on July 1, 2017, and July 1st is observed as GST Day. The Central Board of Indirect Taxes and Customs (CBIC), formerly CBEC, plays a key role in its administration.
Conclusion on GST Applicability
Based on the analysis, the statement that GST cannot be collected by the state government is factually incorrect under the Indian GST framework.
Therefore, the statement which is NOT true is Option 3.
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