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Tax 2 Assignment 1

The document contains 3 multiple choice questions about goods and services tax (GST) in India. Question 1 asks which items are exempt from GST, with the answer being liquor, tobacco, and healthcare. Question 2 inquires which taxes are included in GST, with all options - central sales tax, central excise duty, VAT - being included. Question 3 defines GST as a tax on goods and services. The document also lists 2 long answer questions about defining GST and its need, and explaining the differences between UTGST and IGST.

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233 views1 page

Tax 2 Assignment 1

The document contains 3 multiple choice questions about goods and services tax (GST) in India. Question 1 asks which items are exempt from GST, with the answer being liquor, tobacco, and healthcare. Question 2 inquires which taxes are included in GST, with all options - central sales tax, central excise duty, VAT - being included. Question 3 defines GST as a tax on goods and services. The document also lists 2 long answer questions about defining GST and its need, and explaining the differences between UTGST and IGST.

Uploaded by

shivendugaur
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Assignment-I

[Link] is imposed on the production of all services and goods, except ?


a) Liquor intended for human ingestion
b) Tobacco
c) Health care services.
d) All the above.

2. Which one of the below taxes is included in the GST?


a) Central sale tax
b) Central excise duty
c) VAT
d) All the above.
3. GST stands for Goods and Services Tax, and it is a tax system that covers a wide range of ?
a) Goods
b) Services
c) Goods, Companies and Imports
d) Product, System and Exports.

Long Answer Questions

1. Define the term “GST” and its need.

3. Define “UTGST” and “IGST”. How they are different with each other.

Assignment-I 1.GST is imposed on the production of all services and goods, except ? a) Liquor intended for human ingestion b)

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