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Worksheets

indirect taxes

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

GST was introduced in India with effect from

a)

1-1-2017

b)

1-07-2017

c)

1-10-2017

d)

1-1-2018

2.

The incidence of tax on tax is called is-----

a)

tax pyramidind

b)

tax evasion

c)

tax cascading

d)

tax adding

3.

UTGST is applicable when------

a)

Sold from Union territory

b)

Goods are purchased by Central Government

c)

Sold from one union territory to another union territory

d)

There is interstate supply

4.

The tax which was not merged into GST

a)

Counterveiling Duty

b)

Excise duty

c)

Basic Customs Duty

d)

Purchase tax

5.

Goods and service tax is --

a)

Supply based

b)

Consumption based

c)

Both supply and consumption based

d)

None of these

6.

After introduction of GST supplies to SEZ are

a)

Subject to IGST

b)

Subject to CGST plus SGST

c)

Zero rated

d)

SGST plus CGST plus IGST

7.

Under GST law SAC refers to --

a)

Systematic Accounting Code b

b)

Service Accounting Code

c)

System administration code

d)

Scientific accounting cod

8.

Under GST law, tax rates are determined by

a)

Central Government

b)

State Government

c)

GST Council

d)

Central Government in consultation with state governments

9.

The lowest tax rate under GST is

a)

0.25%

b)

1%

c)

.05%

d)

5%

10.

The highest GST rate applicable now is ---

a)

100%

b)

18%

c)

28%

d)

50%