CGST and SGST/UTGST on supply of Goods and services
IGST on supply of goods consumed in Jammu & Kashmir
Tax paid on the supply of scotch to be taken out of India
None of the above
✅ The correct answer is D.
GST mcqs
GST threshold limit of North Eastern States is _______ lakhs
5
10
12
15
✅ The correct answer is B.
GST will apply when turnover of the business exceeds Rs 20 lakhs (Limit is Rs 10 lakhs for the North Eastern States)
GST will apply when turnover of the business exceeds Rs 20 lakhs (Limit is Rs 10 lakhs for the North Eastern States)
Payment made through challan will be credited to which registers/ledgers?
Electronic Tax liability register
Electronic Credit ledger
Electronic Cash ledger
All of them
✅ The correct answer is C.
GST threshold limit of Normal States is _______ lakh
12
15
20
25
✅ The correct answer is C.
GST will apply when turnover of the business exceeds Rs 20 lakhs (Limit is Rs 10 lakhs for the North Eastern States)
GST will apply when turnover of the business exceeds Rs 20 lakhs (Limit is Rs 10 lakhs for the North Eastern States)
GST comes under which amendment bill?
118
120
122
115
✅ The correct answer is C.
The tax IGST charged by _________Government.
Central
State
Concerned department
Both a and b
✅ The correct answer is A.
_______ 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
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.
What is the rate of TDS?
1%
4%
5%
18%
✅ The correct answer is A.
_______ 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.