indirect taxes

GST was introduced in India with effect from

• 1-1-2017

• 1-07-2017

• 1-10-2017

• 1-1-2018

The incidence of tax on tax is called is-----

• tax pyramidind

• tax evasion

• tax cascading

• tax adding

UTGST is applicable when------

• Sold from Union territory

• Goods are purchased by Central Government

• Sold from one union territory to another union territory

• There is interstate supply

The tax which was not merged into GST

• Counterveiling Duty

• Excise duty

• Basic Customs Duty

• Purchase tax

Goods and service tax is --

• Supply based

• Consumption based

• Both supply and consumption based

• None of these

After introduction of GST supplies to SEZ are

• Subject to IGST

• Subject to CGST plus SGST

• Zero rated

• SGST plus CGST plus IGST

Under GST law SAC refers to --

• Systematic Accounting Code b

• Service Accounting Code

• System administration code

• Scientific accounting cod

Under GST law, tax rates are determined by

• Central Government

• State Government

• GST Council

• Central Government in consultation with state governments

The lowest tax rate under GST is

• 0.25%

• 1%

• .05%

• 5%

The highest GST rate applicable now is ---

• 100%

• 18%

• 28%

• 50%