GST MCQs Quiz Multiple Choice Questions & Answers

1. The highest rate of tax prescribed under IGST is

1. 12%
2. 18%
3. 28%
4. 5%

2. Ayurvedic products comes under which rate structure?

1. 15%
2. 12%
3. 11%
4. 14%

3. Maximum rate of CGST prescribed by law for intrastate supply made is ……………………

1. 40%
2. 20%
3. 28%+cess
4. 18%

4. Combined Stake of Central and State Government in GSTN is

1. 25%
2. 49%
3. 51%
4. 20%

5. Combined Stake of Central and State Government in GSTN is

1. 25%
2. 49%
3. 51%
4. 20%

6. How many types of GST in India?

1. 3
2. 4
3. 5
4. 2

7. Indian GST model has how many bands of tax rates?

1. 3
2. 4
3. 5
4. 2

8. How many countries have dual – GST model?

1. 8
2. 10
3. None of these
4. 5

9. GST was introduced as the ................... amendment Act.

1. 101
2. 102
3. 103
4. 100

10. Under which Act GST was introduced?

1. 101
2. 102
3. 103
4. 100

11. Presently how many countries have implemented GST?

1. 120
2. 140
3. 160
4. 102

12. GST comes under which amendment bill?

1. 120
2. 122
3. 115
4. 118

13. Under which Constitutional Amendment Act, 2016, constitution was amended to introduce GST in India

1. 101
2. 121
3. none of the above
4. 122

14. Which article spells formation of GST Council?

1. 246A (2)
2. 269A (1)
3. 279A
4. 270

15. GST Council is referred under which Article of the Constitution?

1. 277
2. 279A
3. 276
4. 279

16. In which year GST was first introduced in India?

1. 2002
2. 2004
3. 2006
4. 2000

17. The Central Board of Excise and Customs CBE announced that every year .................. will be considered as GST Day

1. 1-Mar
2. 1-Jun
3. 1-Jul
4. 1-Apr

18. Tax deduction at the rate of 1% on certain persons, who are recipients of supply, fromthe payment made or credited to the supplier where total value of supply, undercontract, is exceeding rupees:

1. 1,50,000
2. 2,50,000
3. 5,00,000
4. 1,00,000

19. What is the threshold limit for an individual limit for GST registration?

1. 12 lakh
2. 15 lakh
3. 20 lakh
4. 10 lakh

20. What is the threshold limit for composition levy?

1. 30 lakh
2. 1 crore
3. 70 lakh
4. 40 lakh

21. What is the threshold limit for composite tax levy?

1. 70 lakh
2. 50 lakh
3. 1 crore
4. 60 lakh

22. The rate of GST as applicable on goods and services are:

1. 0% 5% 12% 18% 28%
2. 0% 6% 12% 18% 28%
3. 0% 5% 12% 18% 26%
4. 0% 5% 12% 16% 28%

23. What is the weight of vote that the Centre has in the GST Council?

1. 1/2th of total votes cast
2. 1/3rd of total votes cast
3. none of the above
4. 1/4th of total votes cast

24. What is the weight of vote that the all the States together have in the GST Council?

1. 1/2th of total votes cast
2. 2/3rd of total votes cast
3. 3/4th of total votes cast
4. 1/4th of total votes cast

25. Which constitutional amendment is done to pass the GST bill?

1. 120th
2. 122nd
3. 115th
4. 101st

26. When was GST Council constituted?

1. 20th September 2016
2. 13th September 2016
3. 16th September 2016
4. 12th September 2016

27. When did the President of India gave assent to the Central GST Law?

1. 5th April 2017
2. 22nd April 2017
3. 12th April 2017
4. 18th April 2017

28. What is the rate of levy under composite scheme on the Manufacturer?

1. ½ percent
2. 3 percent
3. 1 percent
4. 2 percent

29. GST council formation based on Article number

1. 289A
2. 266A
3. 255A
4. 279A

30. Annual Return has to be filed every year:

1. 31st December
2. 30th September
3. 31st October
4. 30th June

31. In India, the GST Council has come out with a four-rate structure. They are?

1. 5%, 12%, 18% and 26%
2. 5%, 12%, 18% and 28%
3. 5%, 12%, 16% and 28%
4. 5%, 12%, 18% and 24%

32. Article …………………….. of constitution of India empowers parliament to impose IGST in India.

1. 279A
2. 265A
3. none of the above
4. 69A

33. Which article of constitution of India empowers the Parliament to impose IGST in India?

1. 265A
2. 279A
3. none of the above
4. 69A

34. GST is ……………………………..

1. tax on consumer goods and services
2. tax on goods and services
3. none of the above
4. a value added tax

35. Deemed registration is

1. after three common working days
2. after five working days
3. after seven working days
4. after four working days

36. Who is the chairman of GST committee of state finance ministers?

1. Amit kohli
2. Amit Sastri
3. Amit Malhodra
4. Amit Mitra

37. Dual model of GST as adopted in India has been drawn majorly from

1. USA
2. France
3. Canada
4. Australia

38. GSTN comes under which Act?

1. RBI Act 1934
2. Indian Partnership Act, 1932
3. Companies Act, 2013
4. Banking Regulation Act 1949

39. Which state became the first state of India to ratify GST bill?

1. Telangana
2. Assam
3. Andhra Pradesh
4. Bihar

40. Zero rated supply includes supplies made

1. Both (a) and (b)
2. to SEZ unit in India
3. None of the above
4. By SEZ unit in India

41. The concept of Goods and Services Tax (GST) is originated in

1. USA
2. Britain
3. Germany
4. Canada

42. India has chosen ................... model of dual-GST?

1. Cuba
2. Belize
3. Nicaragua
4. Canadian

43. Which of the following require themselves to be registered compulsory, irrespective of threshold limit?

1. Input service distributor
2. non-resident taxable person
3. all of the above
4. Casual taxable person

44. What is CGST?

1. Capital Goods and Service Tax
2. Capacity Goods and Service Tax
3. Central Goods and Service Tax
4. Center Goods and Service Tax

45. The tax IGST charged by ................... Government

1. State
2. Concerned department
3. Both A and B
4. Central

46. Exemption from registration is available to

1. both a) and b)
2. Agriculturists
3. None of the above
4. Central & State Govt. Departments

47. GST Laws are implemented on the recommendation of

1. GST Council
2. GST Network (GSTN)
3. President of India
4. Central Government

48. The IGST is charged by?

1. State Government of Andhra
2. Only 1
3. Only 2
4. Central Government of India

49. Which of the following is subsumed under Central GST?

1. Service Tax
2. Customs Duty
3. all of the above
4. Central Sales Tax

50. IGST is levied on supply of goods and provision of services by …………………………

1. Union Territory
2. State
3. both b) and c)
4. Centre