Top 150+ Solved Goods and Services Tax (GST) MCQ Questions Answer
Q. The concept of Goods and Services Tax (GST) is originated in………..
a. Canada
b. USA
c. Britain
d. Germany
Q. Which of the following is statement is not correct about GST?
a. GST is like a last-point retail tax. GST is going to be collected at point of Sale.
b. GST will abolish all the direct tax levied in India .
c. It will be implemented from 1 July, 2017 throughout the country.
d. It will unified the tax structure in India
Q. Which of the following tax will be abolished by the GST?
a. Service Tax
b. Corporation tax
c. Income Tax
d. Wealth Ta
Q. What kind of Tax is GST?
a. Direct Tax
b. Indirect Tax
c. Depends on the type of goods and services
d. None of the above
Q. Who is the head of the GST council?
a. Shashi Kant Das
b. Amit Mitra
c. Arun Jaitley
d. Hasmukh Adhia
Q. Which of the following good will not be covered under the GST bill?
a. Cooking gas
b. Liquor
c. Petrol
d. All of the above
Q. Which of the following is the main motive of the government behind the introduction of the Goods and Services Tax
a. To bring tax uniformity in the country
b. To increase government revenue
c. To replace all the indirect tax
d. All of the above
Q. GST stands for
a. Goods and Service Tax
b. Goods and Supply Tax
c. Government Service Tax
d. General Sales Tax
Q. In India GST became effective from_________________
a. 1st April,2017
b. 1st January,2017
c. 1st July,2017
d. 1st March,2017
Q. GST is a ____________________ based tax on consumption of goods and services.
a. Destination
b. Duration
c. Destiny
d. Development