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Indirect Taxation Important Questions

11th Standard

    Reg.No. :
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Commerce

Answer all the questions 

Time : 01:40:00 Hrs
Total Marks : 50

    Part A

    5 x 1 = 5
  1. GST stands for __________

    (a)

    Goods and Supply Tax

    (b)

    Government Sales tax

    (c)

    Goods and Services Tax

    (d)

    General Sales Tax

  2. In India GST became effective from?

    (a)

    1st April, 2017

    (b)

    1st January, 2017

    (c)

    1st July, 2017

    (d)

    1st March, 2017

  3. India GST model has _________ rate structure.

    (a)

    3

    (b)

    5

    (c)

    4

    (d)

    6

  4. 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

  5. Video Games Tax also under_________.

    (a)

    Income Tax

    (b)

    Sales Tax

    (c)

    Excise duty

    (d)

    Entertainment Tax

  6. Part B

    5 x 2 = 10
  7. Give any two examples for indirect taxes levied in India.

  8. What is CGST?

  9. What do you mean by UGST?

  10. What are the rates calculated under GST?

  11. What are the goods produced 'c'-form on Non GST goods?

  12. Part C

    5 x 3 = 15
  13. Write any two differences between direct taxes and indirect taxes.

  14. Briefly explain the functions of GST council?

  15. Write any three demerits of GST?

  16. Who are all the officials involved in GST Secretariat?

  17. Write any three demerits of GST?

  18. Part D

    4 x 5 = 20
  19. Distinguish between direct taxes and indirect taxes. (any 5)

  20. Discuss the different kinds of GST.

  21. Elucidate the merits of GST.

  22. Compare CGST, SGST and IGST.

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