GST Quiz

The concept of Goods and Services Taxes originated from:

• India

• Canada

• France

• China

Which of the following taxes will be levied of import of goods and services?

• IGST

• CGST

• SGST

• None of the above

GST is a ________________ based tax on the consumption of goods and services.

• dividend

• duration

• destination

• none of the above

What is the location of supply in case of importation of goods?

• Customs port where the goods are cleared.

• Place where goods are delivered after clearance from customs.

• Location of the importer.

• Location where the goods are sent from.

The GST rate in India for various goods and services is divided under __________ slabs.

• 2

• 3

• 4

• 5

What is the rate of GST on essential goods like food grains?

• 5%

• 12%

• 18%

• 28%

Which constitutional amendment was done to pass the GST bill?

• 120

• 101

• 115

• 122

How much is the GST levied on sale of Newspaper?

• 12%

• 5%

• 0.25%

• 0%

What is the purpose of an Advance Ruling(AAR) in GST?

• To dispute tax liability

• To seek clarification on legal provisions

• To challenge the decisions of the GST Council

• To appeal against penalities

What is the full form of HSN in GST?

• Humanity System Numbers

• Harmonized System of Nomenclature

• Home Shopping Network

• none of the above