Indirect Taxation

Unit -I

1. What is the full form of GST?

A) Goods and Supply Tax,B) Goods and Services Tax,C) General Sales Tax,D) Government
Sales Tax
Answer: B
2. GST was implemented in India from
A) 1st January 2017,B) 1st April 2017,C) 1st March 2017,D) 1st July 2017
Answer: D
3. In India, the GST is a dual model of
A) UK,B) Canada,C) USA,D) Japan,E) China
Answer: B
4. GST is a consumption of goods and service tax based on
A) Development,B) Dividend,C) Destiny,D) Duration,E) Destination
Answer: E
5. India’s GST structure are based on how many structures?
A) 6,B) 4,C) 3,D) 5
Answer: B
6. The maximum rate for CGST is?
A) 28,B) 12,C) 18,D) 20
Answer: D
7. The maximum rate for SGST/UTGST is?
A) 28,B) 14,C) 20,D) 30
Answer: C
8. The maximum rate for SGST/UTGST is?
A) 28,B) 14,C) 20,D) 30
Answer: C
9. Which code is used to classify goods and services under GST?
A) HSN Code,B) SAC/HSN Code,C) GST Code,D) SAC Code
Answer: B
10. What does “I” in IGST stands stand for?
A) Internal,B) Integrated,C) Internal,D) Intra
Answer: B
11. As a result of constitution amendment for GST a Separate List --- has been inserted in the
constitution.

A) Article 246A B) Article 146B C) Article 122 C D) Article 101B

Answer: A

12. 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

Answer: a) Sold from Union territory

13. Integrated Goods and Services Tax is applicable when –

a) Sold in Union territory b) Sold from one GST dealer to another GST dealer c) Sold within a
state d) There is interstate supply

14. SGST is applicable when

a) Goods are sold within a state b) Goods are sold from one GST dealer to a customer c) Goods
are sold by a GST dealer to another GST dealer d) Interstate supply

15. The tax which was not merged into GST

a) Counterveiling Duty b) Excise duty c) Basic Customs Duty d) Purchase tax

16. Goods and service tax is a – tax system

a) Single point tax b) Multipoint tax c) Regressive tax d) None of these

17. The council can take a decision only if there is

a) Three- fourth majority b) Two third Majority c) 60% majority d) Simple majority

18. What is the highest GST rate applicable now is ---

a) 100% b) 18% c) 28% d) 50%

19. Composite tax is applicable for dealer with turnover upto

a) Rs. 1 Crore b) Rs. 20 lakh c) Rs. 1.5 Crore d) Rs. 10 Crore

20. GST will be levied on………………..
(a) Manufacturers,(b) Retailers,(c) Consumers,(d) All of the above

21.Which of the following good will not be covered under the GST bill?
(a) Cooking gas,(b) Liquor,(c) Petrol,(d) All of the above Ans. d

22.