GST stands for __________

(a)

Goods and Supply Tax

(b)

Government Sales tax

(c)

Goods and Services Tax

(d)

General Sales Tax

What kind of Tax the GST is?

(a)

Direct Tax

(b)

Indirect Tax

(c)

Dependence on the type of goods and services

(d)

All business organisations

What is IGST?

(a)

Integrated Goods and Services Tax

(b)

Indian Goods and Services Tax

(c)

Initial Goods and Services Tax

(d)

All the Above

India GST model has _________ rate structure.

(a)

3

(b)

5

(c)

4

(d)

6

When does liability to pay GST arise in case of supply of goods?

(a)

on raising of invoice

(b)

At the time of supply of goods

(c)

On receipt of payment

(d)

Earliest of any of above

The person who is making the sale but he can recover the tax from for the buyer is_____________.

(a)

Direct Tax

(b)

Income Tax

(c)

Indirect Tax

(d)

None of these

Customs Duty is levied on_________ goods.

(a)

Export

(b)

Import

(c)

Entrepot

(d)

Sales

Service Tax is exempted to the traders having annual turn over less than_________.

(a)

Rs 10 lakhs

(b)

Rs 20 Lakhs

(c)

Rs 15 Lakhs

(d)

Rs 50 Lakhs

Video Games Tax also under_________.

(a)

Income Tax

(b)

Sales Tax

(c)

Excise duty

(d)

Entertainment Tax

Service Charges of____________ is not mandatory-says Government.

(a)

Sales

(b)

Workshop

(c)

Restaurants

(d)

None of these