Top 150+ Solved Goods and Services Tax (GST) MCQ Questions Answer

From 46 to 60 of 184

Q. First announcement for introduction of GST arose in

a. 2004

b. 2005

c. 2006

d. 2007

  • c. 2006

Q. What are the taxes levied on intra-state supply of goods?

a. CGST

b. SGST

c. CGST and SGST

d. IGST

  • c. CGST and SGST

Q. What type of tax will be levied on import of goods?

a. CGST

b. SGST

c. CGST and SGST

d. IGST

  • d. IGST

Q. HSN code stand for

a. Harmonised System of Nomenclature

b. Home State Number

c. Host State Number

d. Hall State Number

  • a. Harmonised System of Nomenclature

Q. India has chosen dual mode of GST same as ____________.

a. USA

b. UK

c. CANADA

d. CHINA

  • c. CANADA

Q. SAC stand for ____________.

a. Service Accounting Code

b. Software Accounting Code

c. System Accounting Code

d. Service Application Code

  • a. Service Accounting Code

Q. Can a person apply for pan without registration?

a. YES

b. NO

c. none

d. all

  • b. NO

Q. IGST is payable when the supply is ---

a. Interstate

b. Intra-state

c. Intra- UT

d. All of the above

  • a. Interstate

Q. IGST deals with

a. Composition scheme

b. Time of supply

c. Service tax on imported services

d. All of the above

  • c. Service tax on imported services

Q. The turnover limit of Rs. 50 Lakh for composition scheme is not applicable to the state of

a. Himachal Pradesh

b. Assam

c. Uttarakhand

d. None of the above

  • c. Uttarakhand

Q. Zero Rated Supplies include:

a. Exports

b. Imports

c. SEZs

d. Both A and C

  • d. Both A and C

Q. GSTN stands for:

a. Goods and Services Transport Nation

b. Goods and Service Tax Network

c. Goods and Society Tax Network

d. Goods and Service Tax Net

  • b. Goods and Service Tax Network

Q. What is taxable event under GST?

a. Supply of goods

b. Supply of services

c. Supply of goods and services

d. None of the above

  • c. Supply of goods and services
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