Top 150+ Solved Computation of Liability MCQ Questions Answer

From 106 to 108 of 108

Q. The first 2 digits of GSTIN represent .

a. Entity code

b. Country code

c. State code

d. Check sum character

  • c. State code

Q. of supply is the amount upon which tax is levied and collected.

a. Value

b. Cost

c. Turnover

d. Gross value

  • a. Value

Q. Input tax does not include .

a. IGST on import of good

b. SGST and UTGST

c. Tax paid under composition levy

d. Tax payable section 9(3) and 9(4)

  • c. Tax paid under composition levy
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