GST MCQ Questions and Answers Quiz

71. Who is an agriculturist?

  1. Individual or HUF
  2. Partnership
  3. Individual and HUF
  4. All of the above

72. What is IGST?

  1. Integrated Goods and Service Tax
  2. Indian Goods and Service Tax
  3. Initial Goods and Service Tax
  4. None of these

73. IGST is payable when the supply is ………………

  1. Interstate
  2. Intra- UT
  3. Intra-state
  4. All of the above

74. Input tax credit on compensation cess paid under GST (Compensation to States) Act, 2017

  1. is not available
  2. is available but not fully
  3. is available
  4. is available after one year

75. Which of the following true in respect of Goods and Service Tax

  1. It is destination based tax
  2. It is levied on supply of goods or services
  3. it is a consumption tax
  4. All of the above

76. The following tax will not be subsumed into GST:

  1. Luxury Tax
  2. Electricity duty
  3. entertainment tax
  4. value added tax

77. GST will be levied on

  1. Manufacturers
  2. Retailers
  3. Consumers
  4. All of the above

78. When does Quarter end?

  1. March
  2. December
  3. September
  4. All of the above

79. With the introduction of GST, imports will be

  1. more expensiv
  2. neutral with no change
  3. cheaper
  4. None of the above

80. The headquarters of GST council is located at

  1. New Delhi
  2. Lucknow
  3. Ahmadabad
  4. Mumbai
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MCQ Multiple Choice Questions and Answers on GST

GST Question and Answer