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Accounting for GST Quiz 1

Total questions: 20

Worksheet time: 10mins

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.

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

a)

France 1954

b)

UK 1950

c)

India 2017

d)

Japan 1967

3.

Which is the first state to pass GST in India?

a)

Assam

b)

Kolkata

c)

Tamilnadu

d)

Delhi

4.

India's GST is based on which country's model?

a)

Canada

b)

UK

c)

Italy

d)

Japan

5.

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

a)

31st July 2017

b)

1st August 2016

c)

1st April 2017

d)

1st July 2017

6.

What is the total number of Digits in GST registration?

a)

14

b)

16

c)

17

d)

15

7.

How many countries have adopted GST?

a)

160

b)

150

c)

140

d)

130

8.

When was the first GST proposal introduced in India?

a)

2021

b)

2024

c)

2000

d)

2005

9.

Where is the headquarters of GST council?

a)

Kolkata

b)

New Delhi

c)

Mumbai

d)

Assam

10.

What type of tax is GST?

a)

Indirect Tax

b)

Direct Tax

c)

Both

d)

None of these

11.

What is the full form of HSN in GST?

a)

High Services Tax Numbers

b)

None of these

c)

Humanity System Numbers

d)

Harmonized System Nomenclature

12.

What is the full form of SAC in GST?

a)

Services Accounting Code

b)

Supple Accounting Code

c)

State Accounting Code

d)

None of these

13.

GST number based on___________?

a)

VOTER ID

b)

AADDHAR CARD

c)

PAN CARD

d)

CREDIT/DEBIT CARD

14.

GST is a__________based tax on consumption of goods and services?

a)

Duration

b)

Destination

c)

Devlopment

d)

Division

15.

What are the taxes levied on an Intra-State supply?

a)

CGST

b)

SGST

c)

CGST and SGST

d)

IGST

16.

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

a)

25

b)

18

c)

12

d)

5

17.

GST will be levied on………………..?

a)


Manufacturers

b)

Consumers

c)

Retailers

d)

Allof the above

18.

The MRP of a book is 2000. The shopkeeper gave a discount of 10% & GST rate was 10% . Calculate the total amount on the bill.

a)

1980

b)

1990

c)

2000

d)

1900

19.

Which code is used to classify goods and services under GST?

a)

SAC Code

b)

SAC/HSN Code

c)

 

GST Code

d)

 HSN Code

20.

What does “I” in IGST stands stand for?

a)

Internal

b)

Intra

c)

Internal

d)

Intregrated