Fundamental of GST - 3.0

What is the full form of GST?

• Goods and Services Tax

• Good and Serve Tax

• Goods and State Tax

• Goods and Supply Tax

When was the Goods and Services Tax GST levied in India?

• 1st July 2017

• 1st April 2017

• 1st August 2016

• 31st July 2017

What is the total number of marks in GST registration?

• 15

• 14

• 16

• 17

What type of tax is GST?

• Indirect Tax

• Direct Tax

• Both

• None of these

On 11th of every month company submits the return for all outward supplies. This return is called................

• GSTR - 1

• GSTR - 3B

• GSTR - 2

• GSTR - 2A

Which state is considered as special category state under GST?

• Maharashtra

• West Bengal

• Tripura

• Karnataka

Company is selling the goods to customer within the state. Which GST component will charge on the invoice?

• SGST

• CGST

• SGST & CGST

• IGST

In GST which of the following tax is not charged by the Central Government?

• SGST

• CGST

• CGST & SGST

• IGST

.......................... is mandatory when business perform interstate movement of goods whose value is above Rs. 50,000?

• e-Way Bill

• Delivery Challan

• Sales Invoice

• e-Invoice

From ............................... businesses having turnover more than 5 Cr. are required to generate e-Invoice?

• 1-Aug-2023

• 1-Apr-2023

• 1-Oct-2023

• 1-Aug-2022