GST- Stands for Goods and Service tax
Correct
Which was the first country to implement GST?
a) Germany b) Australia c) France d) India
c) France
GST, VAT, Income Tax, Sales Tax
Income Tax
GST replaced _________.
VAT, service tax, etc.
Send (goods and services) to another country for sale.
Export
GST is applicable on Curd.
Wrong
GST is not applicable on Curd
What was the year of the adoption of GST?
a)2017 b)2018 c)2016 d)2019
a) 2017
Gift Tax, Corporate Tax, Bill Tax, Service Tax
Bill Tax
The first state to implement GST in India is _____.
Assam
Levied and collected by the states on all goods and services supplied for consideration.
SGST
The first state to implement GST in India was Maharashtra.
Wrong
The correct answer is Assam. On 12 August 2016, Assam became the first state to ratify GST Bill
The Brand Ambassador of GST in India is?
a) Ranbir Kapoor b) Amitabh Bachchan c) Shahrukh Khan d) Vicky Kaushal
b) Amitabh Bachchan
0%, 2%, 5%, 18%
2%
The full form of UTGST is _______.
Union Territory GST
Paid at every stage of a product's production from the sale of the raw materials to its final purchase by a consumer.
VAT
Changes in GST are made by the Cabinet.
Wrong
Who is the current chairperson of the GST Council?
a) Arun Jaitley b) Amit Shah c) Nirmala Sitharaman d) Virendra Kumar
c) Nirmala Sitharaman
Food, Electronics, Petroleum, Books
Petroleum (GST is not levied on Petrol)
GST is based on the ______ model.
Canadian
Stakeholders of GST
Committees,Central Government,State Government,GSTN,GST Council
GST is applicable on Mobile Phone
Correct
GST rates for mobile phones is 18%
How many members does the GST Council have at present?
a) 35 b) 45 c) 41 d) 31
d) 31
IGST,CGST,SGST,Excise Duty
Excise Duty (All others are forms of GST)
GST prevents ________ of taxes.
the cascading effect of taxes.
A document capturing the details of the income, which a taxpayer is supposed to file with the authorities to calculate his tax liability.
GSTR - GST Return