Quiz1 GST

GST-Goods and Service Tax Act is established under which of the following Amendments of the Constitution of india?

• 101st Amendments of Constitution
• 196th Amendments of Constitution
• 132nd Amendments of Constitution
• 77th Amendments of Constitution

Which of the following is the first state in the country to ratify the Gst bill ?

• Assam
• karnataka
• Himachal Pradesh
• Gujrat

What is the Full Form of LUT in Export Sales with LUT/Bond?

• Letter of Undertaking
• Letter of Exemption
• Letter of Understanding
• Letter of Export Sales

Who is the present Chairperson of GST Council instituted for making recommendations to Government of India on important issues related to GST?

• Minister of finance and Corporate Affairs- Arun Jaitley<br /><br />
• Rajiv kumar ,Vice Chairman Niti Aayog
• Ministry of commerce and Industry- Suresh Prabhu
• PM Narender Modi

Which of the following is not one of the category of Indirect tax rates under GST?

• 0.2
• 0.12
• 0
• 0.05

How much is the GST levied on sale of Newspaper?

• 0
• 0.05
• 0.0025
• 0.12

Which Form Is to be used for Registration?

• Form GST REG-01
• Form GST REG
• Form GSTR-2
• Form GSTR 1A-B

Which of the following is the first country in the world to implement GST in 1954?

• France
• Russia
• South Africa
• Germany

Every year which of the following days will be observed as GST day by Central Board of Excise and Customs?

• 1st July
• 31st December
• 1st April
• 1st june

Which of the following tax is not subsumed in Gst ?

• Stamp Duty
• Entertainment Tax
• VAT
• Entry Tax