
GST and Financial Accounting Questions

Quiz
•
Other
•
12th Grade
•
Hard
Sushma Sreedaran
FREE Resource
61 questions
Show all answers
1.
OPEN ENDED QUESTION
10 sec • 1 pt
What Taxes Were in Place Before the GST, and Why?
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2.
OPEN ENDED QUESTION
10 sec • 1 pt
What does "remission of tax/duty" mean to you?
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3.
OPEN ENDED QUESTION
10 sec • 1 pt
How do reverse charge mechanisms (RCMs) work? Is it only applicable to services?
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4.
OPEN ENDED QUESTION
10 sec • 1 pt
Under the Model GST Law, may the Working Government exempt supplies from GST collection?
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5.
OPEN ENDED QUESTION
10 sec • 1 pt
What Does a GST Taxable Event Mean?
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6.
OPEN ENDED QUESTION
10 sec • 1 pt
How Do You Define GST Credit?
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7.
OPEN ENDED QUESTION
10 sec • 1 pt
What are the differences between CGST, SGST, and IGST?
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