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Fundamental of GST - 3.0

Total questions: 14

Worksheet time: 9mins

Name
Class
Date
1.

What is the full form of GST?

a)

Goods and Services Tax

b)

Good and Serve Tax

c)

Goods and State Tax

d)

Goods and Supply Tax

2.

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

a)

1st July 2017

b)

1st April 2017

c)

1st August 2016

d)

31st July 2017

3.

What is the total number of marks in GST registration?

a)

15

b)

14

c)

16

d)

17

4.

What type of tax is GST?

a)

Indirect Tax

b)

Direct Tax

c)

Both

d)

None of these

5.

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

a)

GSTR - 1

b)

GSTR - 3B

c)

GSTR - 2

d)

GSTR - 2A

6.

Which state is considered as special category state under GST?

a)

Maharashtra

b)

West Bengal

c)

Tripura

d)

Karnataka

7.

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

a)

SGST

b)

CGST

c)

SGST & CGST

d)

IGST

8.

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

a)

SGST

b)

CGST

c)

CGST & SGST

d)

IGST

9.

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

a)

e-Way Bill

b)

Delivery Challan

c)

Sales Invoice

d)

e-Invoice

10.

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

a)

1-Aug-2023

b)

1-Apr-2023

c)

1-Oct-2023

d)

1-Aug-2022

11.

........................... is a unique numeric code for goods, which are accepted globally.

a)

Part Number

b)

Serial Number

c)

UAN Code

d)

HSN (Harmonized System of Nomenclature)

12.

On 20th of every month company submits a summary level return for all outward and Inward supply. This return is called ................... ?

a)

GSTR - 3B

b)

GSTR - 2B

c)

GSTR - 3

d)

GSTR - 1

13.

Which one is the annual return under GST?

a)

GSTR - 3B

b)

GSTR - 1

c)

GSTR - 2

d)

GSTR - 9

14.

In terms of GST, which one is considered as ITC (Input Tax Credit)?

a)

Tax Collected from customer X Tax paid to supplier

b)

Tax Collected from customer - Tax paid to supplier

c)

Tax Collected from customer + Tax paid to supplier

d)

Tax Collected from customer / Tax paid to supplier