4. Consider the following statements regarding the Goods and Services Tax (GST) in India
- GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer.
- GST has subsumed various indirect taxes like Central Excise Duty, Service Tax, and Value Added Tax (VAT).
- The GST Council is a constitutional body to recommend rates and policies on GST.
Which of the above statements is/are correct?