100
101
102
103
✅ The correct answer is B.
GST mcqs
Under GST, Insurance is taxed _______ percent.
A) 0%
B) 5%
C) 12%
D) 18%
✅ ANSWER: D
What is the due date for payment of tax?
A) Last day of the month to which payment relates
B) Within 10 days of the subsequent month
C) Within 20 days of the subsequent month
D) Within 15 days of the subsequent month
✅ ANSWER: C
_______ is the first state to ratify GST bill.
A) Andhra Pradesh
B) Assam
C) Arunachal Pradesh
D) Bihar
✅ ANSWER: B
Balance in electronic credit ledger under SGST can be used against which liability?
A) SGST Liability only
B) SGST and IGST liability
C) SGST, IGST and CGST liability
D) None of them
✅ ANSWER: B