The correct answer is (c) 01 July 2017.
The Goods and Services Tax (GST) is a comprehensive indirect tax levied on goods and services supplied in India, except for alcohol, petroleum products, and electricity. It was introduced on 1 July 2017, replacing a number of indirect taxes levied by the central and state governments.
The GST is a destination-based tax, which means that it is levied at the place where the goods or services are consumed. The tax rate is determined by the type of goods or services being supplied.
The GST is a major reform in the Indian tax system. It is expected to simplify the tax structure, reduce compliance costs, and improve efficiency in the economy.
The following are the options for the question:
(a) 01 July 2015: This is incorrect. The GST was not introduced in India on 1 July 2015.
(b) 01 August 2016: This is incorrect. The GST was not introduced in India on 1 August 2016.
(c) 01 July 2017: This is the correct answer. The GST was introduced in India on 1 July 2017.
(d) 01 August 2017: This is incorrect. The GST was not introduced in India on 1 August 2017.