GST Quiz IMR MBA

IGST is collected by ______.

• State Government

• Central Government

• Union Territory Govt.

• All of these

Tax Invoice must be issued by___________?

• Registered perons not paying tax undar composition scheme

• Every Supplier

• Every Taxable person

• All of the above

What type of tax is GST?

• State Tax

• Direct Tax

• Indirect Tax

• Municipal Tax

Which of the following tax rate is not applicable under the GST?

• 12

• 18

• 25

• 5

Can a resident person apply for GST registration without PAN Card?

• Yes

• No

• Not sure

• None of these

Which is the first country in the world to implement GST?

• France 1954

• UK 1950

• India 2017

• Japan 1967

Direct tax are borne by the .......................

• Individual

• Company

• Consumer

• Person Liable to pay tax

What is the full form of HSN in GST?

• High Services Tax Numbers

• Humanity System Numbers

• Harmonized System Nomenclature

• None of these

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

• 1st July 2017

• 1st April 2017

• 1st August 2016

• 31st July 2017

When does a supply of goods or services or both become taxable under GST?

• When it is made by a registered person

• When it is made for a consideration

• When it is made in the course or furtherance of business

• All of the above