Introduction to GST MCQ | 40 Free MCQs

11. _______ is levied on Intra State Supply of Goods and/or Services in Union Territory.
(a) SGST
(b) IGST
(c) UTGST
(d) GST is not levied

12. Goods and Services Tax is a tax levied on goods and services imposed at each point of _______ .
(a) Sale
(b) Service
(c) Supply
(d) Manufacturing

13. GST is a national level tax based on _______ .
(a) First point tax principle
(b) Value Added principle
(c) Last point tax principle
(d) All of the above

14. The following tax has been subsumed into Central GST.
(a) Central Sales Tax
(b) Custom Duty
(c) Service Tax
(d) All of the above

15. GST was introduced in India on
(a) 1-4-2017
(b) 1-5-2017
(c) 1-6-2017
(d) 1-7-2017

16. Indian GST model has ______ tier rate structure.
(a) 3
(b) 4
(c) 5
(d) 6

17. What does ‘I’ stands for in IGST?
(a) International
(b) Internal
(c) Integrated
(d) Intra

18. Which of the following tax is not subsumed in GST ?
(a) VAT
(b) Stamp Duty
(c) Entry Tax
(d) Entertainment Tax

19. HSN Code Stands for
(a) Home Shopping Network
(b) Harmonised System of Nomenclature
(c) Harmonised System Number
(d) Home State Number

20. Alcoholic liquor for Human Consumption is subject to –
(a) CGST
(b) SGST
(c) IGST
(d) None of the above

Answers: 11)UTGST 12)Supply 13)Value Added principle 14)All of the above 15)1-7-2017 16)4 17)Integrated 18)Stamp Duty 19)Harmonised System of Nomenclature 20)None of the above