State with reasons whether the following statements are true or false under GST Law: Malaysia was the first country to have Anti-profiteering provisions.
CS Professional · Advanced Tax Laws · PYQS · June 2021
State with reasons whether the following statements are true or false under GST Law: Malaysia was the first country to have Anti-profiteering provisions.
Answer & Explanation:
False. Australia was the first country to have anti-profiteering provision (Australian Competition & Consumer Commission) in 2000.
Topics: GST - Anti-profiteering
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