Which of the following feature of GST removes/reduces the cascading effect? Option 1: Destination Based Tax Option 2: Unified Tax Option 3: Input Tax Credit(ITC) Option 4: Unified Market.

The answer is 'Input Tax Credit(ITC)'. View full solution:

CUET Economics - Which of the following feature of GST removes/reduces the cascading effect? | PYQs + Solutions

CUET Economics 2025 13 May Shift 1

Macro

Medium

Destination Based Tax

Unified Tax

Input Tax Credit(ITC)

Unified Market.

✅ Correct Option: 3