GST Multiple Choice Questions and Answers

101. Under the provisions of GST law, tax is levied

1. simultaneously by Union and State laws
2. only by the State laws
3. only by the Union laws
4. exclusively by Union and State laws

102. A person is having multiple business requires registration

1. Single
2. Either A or B
3. Each business separately
4. None of the above

103. A person is having multiple businesses required registration

1. Single
2. each business separately
3. either of the two
4. none of the above

104. Taxable turnover below 1.5 crore is under the control of

1. State
2. Both Centre and State
3. Centre
4. exempt from the purview of GST

105. When the taxable turnover is above 1.5 crore, it is under the control of

1. State
2. Both Centre and State
3. Centre
4. exempt from the purview of GST

106. What is SGST?

1. State Goods and Service Tax
2. S Goods and Service Tax
3. South Goods and Service Tax
4. None of these

107. What is Integrated Goods and Services Tax?

1. Tax imposed on imported goods and services
2. Tax imposed on value additions to exports
3. Tax imposed on interstate trade
4. Tax on international trade

108. What is Integrated Goods and Services Tax?

1. Tax on international trade
2. Tax imposed on interstate trade
3. Tax imposed on value additions to exports
4. Tax imposed on imported goods and services

109. One of the following taxes is already subsumed under GST

1. Tax on motor spirit
2. Tax on production of alcohol
3. Luxury Tax
4. Tax on electricity

110. What does Taxable event mean?

1. Tax on supply
2. Tax on services
3. either a) or b)
4. both a) or b)