Previous Year Solved Question Papers

Previous Year Solved Question Papers

MCQs on Goods and Services Tax (GST) -58

1. The maximum rate of tax prescribed for manufactures in Composition levy is; (CGST +SGST) 

(A) 1 %
(B) 5%
(C) 0.5%
(D) 2.5 %


2. ......................... tax is levied on inter-state supply of goods and services?

(A) CGST
(B) SGST
(C) IGST
(D) VAT


3. IGST means ..........................?

(A) Inter-state GST
(B) Integrated GST
(C) Import GST
(D) International GST




4. IGST Act is passed by ........................?

(A) Parliament
(B) State Legislative
(C) Union Territory
(D) Legislative Council




5.  Under ............... Article of the Constitution, GST on supplies in the cause of Inter-state trade or commerce shall be levied and collected by the Government of India ?

(A) Article 246 A
(B) Article 269 A
(C) Article 254
(D) Article 279 A




6.  IGST is levied and collected is .................?

(A) Allotted to centre only
(B) Allotted to states only
(C) Allotted to UT's only
(D) Apportioned between centre and states



7.  
What is rate of tax of IGST?

(A) CGST rate
(B) SGST rate
(C) CGST + SGST rate
(D) VAT rate


8. ............ is levied on imports of goods and services?

(A) SGST
(B) CGST
(C) IGST
(D) VAT


9. Import/Export is treated as ..................... in GST?

(A) Intra-state supply
(B) Inter-state supply
(C) Non-taxable supply
(D) Exempted supply




10. Inter-state supplies means:

(A) Any-supply where the location of the supplier and the place of supply are in the same state
(B) Any supply where the location of supplier and the place of supply are in different states
(C) Any supply where location of the supplier and place of supply are outside the country
(D) None of these



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