GST MCQ Questions and Answers Quiz

71. Agriculturist

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

72. Who is an agriculturist?

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

73. 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

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

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

75. 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

76. 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

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

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

78. GST will be levied on

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

79. When does Quarter end?

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

80. With the introduction of GST, imports will be

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

MCQ Multiple Choice Questions and Answers on GST

GST Trivia Questions and Answers PDF

GST Question and Answer

Spreading Knowledge Across the World

USA - United States of America  Canada  United Kingdom  Australia  New Zealand  South America  Brazil  Portugal  Netherland  South Africa  Ethiopia  Zambia  Singapore  Malaysia  India  China  UAE - Saudi Arabia  Qatar  Oman  Kuwait  Bahrain  Dubai  Israil  England  Scotland  Norway  Ireland  Denmark  France  Spain  Poland  and many more....