GST Quiz - II

The tax collected by the supplier from the receiver of the goods is called _____________.

• Input Tax

• Output Tax

• Service Tax

• None of the above

___________________ is a simple and easy scheme under GST for the small tax payers.

• Combined Scheme

• Concession Scheme

• Composition Scheme

• Noen of the above

The GST rate applicable on the supply of goods and services is determined by ____________.

• Local Authority

• GST Council

• State Government

• Central Government

Which of the following is NOT a type of GST?

• UGST

• CGST

• SGST

• IGST

Under Composition scheme, the return is file on ______________ basis.

• Monthly Basis

• Quarterly Basis

• Half-yearly basis

• Yearly Basis

The tax that is charged on the supply of goods and services is known as ____________.

• Value Added Tax

• Sales Tax

• Goods and Services Tax

• Income Tax

Which of the following is a feature of the GST system?

• Multiple Tax Rates

• None of the above

• Single Tax Rate

• Tax on Tax

Normally, the GST return for regular taxpayers is filed on a ____________ basis.

• Monthly Basis

• Quarterly Basis

• Bi-annual Basis

• Yearly Basis

The place of supply of immovable property shall be the location of ____________.

• the buyer

• the seller

• the GST office

• the immovable property

If the supply of goods is between the unrelated persons, then the valu of the supply will be _______________.

• Transaction Value

• Market Value

• Discount Value

• None of the above