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Assertion (A): GST is a destination-based tax. Reason (R): GST is levied only on manufacturing.

1. Both A and R are true, and R explains A
2. Both A and R are true, but R does not explain A
3. A is true, but R is false
4. A is false, but R is true

Correct answer: A is true, but R is false

Solution

GST is a destination-based tax, meaning it is collected where the goods or services are consumed. The reason is false because GST is not levied only on manufacturing; it applies to the supply of goods and services across stages.

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