Taxation

What is the full form of GST?

• A) Goods and Supply Tax

• B) Goods and Services Tax

• C) General Sales Tax

• D) Government Sales Tax

GST was implemented in India from

• A) 1st January 2017

• B) 1st April 2017

• C) 1st March 2017

• D) 1st July 2017

In India, the GST is based on the dual model GST adopted in:

• A) UK

• B) Canada

• C) USA

• D) Japan

The number of structures in India’s GST model is?

• A) 6

• B) 4

• C) 3

• D) 5

GST rates applicable on goods and services are:

• A) 0% 5% 12% 18% 26%

• B) 0% 6% 12% 18% 28%

• C) 0% 5% 12% 18% 28%

• D) 0% 5% 12% 16% 28%