11. Balance in electronic credit ledger under CGST can be used against which liability?
CGST Liability only
CGST and IGST liability
CGST, IGST and SGST liability
None of them
✅ The correct answer is B.
GST
GST MCQs with Answers and Explanations | Goods and Services Tax Objective Questions
Prepare effectively with our detailed collection of GST MCQs with answers and explanations. Covering essential topics like GST basics, input tax credit (ITC), GST registration, filing returns, GST slabs and rates, supply of goods and services, reverse charge mechanism, exemptions, and compliance rules, these multiple-choice questions are perfect for students, professionals, and candidates preparing for competitive and professional exams (CA, ACCA, ICMA, MBA, BBA, CSS, PMS, NTS, FPSC, PPSC, UPSC, accounting and tax exams, etc.). Each question is supported by a clear solution and explanation to improve conceptual clarity and exam preparation. Ideal for practice, self-assessment, and revision in the field of Goods and Services Tax (GST).
12. When an e-commerce operator is required to register under GST?
When he is required to collect tax at source u/s 52
When his aggregate turnover exceeds the threshold limit
When he is required to discharge tax on the taxable supply or services made by the supplier through him u/s 9(5)
It is mandatory to register irrespective of the threshold limit.
✅ The correct answer is D.
13. GST council formation based on Article number _______.
279A
289A
266A
255A
✅ The correct answer is A.
14. Every registered taxable person shall be entitled to take credit of input tax in his return and such input tax credit shall be credited to
Personal Ledger Account
Refund account
Electronic Cash Ledger
Electronic Credit Ledger
✅ The correct answer is D.
15. Refunds will not be allowed in cases of:-
Exports made on payment of tax
Exports made without payment of tax
Where tax on inputs are higher than tax on outputs
All of the above
✅ The correct answer is A.
16. _______ is GST Finance Ministers First Panel Chairman.
Amit Mitra
Amit Malhodra
Amit Chandresekar
Amit Sastri
✅ The correct answer is A.
Amit Mitra (West Bengal Finance Minister) is the Finance Ministers Panel Chairman.
Amit Mitra (West Bengal Finance Minister) is the Finance Ministers Panel Chairman.
18. Balance in electronic credit ledger can be utilized against which liability?
Output tax payable
Interest payable
Penalty
All of above
✅ The correct answer is A.
19. _______ is the first state that passed GST bill.
Andhra Pradesh
Gujarat
Uttar Pradesh
Bihar
✅ The correct answer is E.
Telangana was the first state to pass the State GST Bill on 9th April, 2017
Assam was the first state to ratify the GST Bill on 12th August, 2016
Telangana was the first state to pass the State GST Bill on 9th April, 2017
Assam was the first state to ratify the GST Bill on 12th August, 2016
20. The tax IGST charged by _________Government.
Central
State
Concerned department
Both a and b
✅ The correct answer is A.