Qn. 1 / 8

Att - 0 / 8

Submit All

What does GST stand for?

General Sales Tax

Goods and Services Tax

Global Sales Tax

Government Sales Tax

Qn. 2 / 8

Att - 0 / 8

Submit All

When was GST implemented in India?

2000

2006

2014

2017

Qn. 3 / 8

Att - 0 / 8

Submit All

Which of these taxes was NOT subsumed under GST?

Service Tax

Central Excise Duty

Customs Duty

Value Added Tax

Qn. 4 / 8

Att - 0 / 8

Submit All

What is the core motive behind the introduction of GST?

Reduce Tax Evasion

Increase Government Revenue

One Nation, One Tax

Simplify International Trade

Qn. 5 / 8

Att - 0 / 8

Submit All

Which of these is NOT a component of GST?

CGST

SGST

IGST

VGST

Qn. 6 / 8

Att - 0 / 8

Submit All

What does IGST apply to?

Intra-State Sale of Goods

Inter-State Sale of Goods

Import of Goods

Export of Goods

Qn. 7 / 8

Att - 0 / 8

Submit All

What is the turnover limit for businesses to opt for the composition scheme under GST?

Rs. 50 Lakh

Rs. 1 Crore

Rs. 2 Crore

Rs. 5 Crore

Qn. 8 / 8

Att - 0 / 8

Submit All

What does ITC stand for in the context of GST?

Income Tax Credit

Input Tax Credit

Indirect Tax Credit

Integrated Tax Credit