Goods and Service Tax

When was Goods and Services Tax introduced in India?

• 1st July 2016

• 1st July 2017

• 7th July 2017

• 1st April 2017

Define GST

Answer explanation

GST is a single tax on the supply of goods and services right from the manufacturer to the consumer.

Which is the state tax subsumed on account of GST?

• State Excise Duty

• Stamp Duty

• Motor Vehicle Tax

• Value Added Tax

Which is the central tax not subsumed into GST

• Central Excise Duty

• Additional Duties of Excise

• Basic Customs Duty

• Additional Customs Duty

Which is the nodal agency responsible for administering GST in India?

• CBIC

• Ministry of Finance, Govt. of India

• CBDT

• Department of Revenue

Mr. Vishal of Tamil Nadu sells goods to Mr. Vivek of Kerala. What is the type of GST that will be levied?

• CGST

• SGST

• UTGST

• IGST

Ms. Malini residing in Kozhikode sells goods to Ms. Tiya who stays in Ernakulam. What is the type of GST leviable?

• CGST

• SGST

• CGST & SGST

• IGST

In which country was GST first introduced in the world?

• Germany

• France

• Italy

• US

What acts as an interface between taxpayers and government?

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• GSTN

• GSTIN

• HSN

• SAC

--- is the Chairperson of the GST Council