This quiz works best with JavaScript enabled. Home > Indian Polity > Finance > Gst > Gst Council – Quiz 10 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Gst Council Quiz 10 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What is highest rate of GST? A) 12%. B) 28%. C) 32%. D) 36%. Show Answer Correct Answer: B) 28%. 2. When was the Goods and Services Tax GST levied in India? A) 1st July 2017. B) 1st April 2017. C) 1st August 2016. D) 31st July 2017. Show Answer Correct Answer: A) 1st July 2017. 3. What is the time of supply of service if the invoice is not issued within 30 days from the date of provision of service A) Date of issue of invoice. B) Date on which the supplier receives payment. C) Date of provision of service. D) Earlier of B and C. Show Answer Correct Answer: D) Earlier of B and C. 4. The marked price of an article = Rs. 20, 000 and rate of GST on it = 28%. A shopkeeper buys this article at a reduced price and sells it at its marked price. If the shopkeeper paid Rs. 308 as CGST to the government, find the amount (inclusive of GST) paid by the shopkeeper. A) Rs. 25, 600. B) Rs. 20, 616. C) Rs. 17, 800. D) Rs. 22, 784. Show Answer Correct Answer: D) Rs. 22, 784. 5. GST is applicable in: A) Whole India. B) Except Jammu & Kashmir. C) Union Territories. D) Whole World. Show Answer Correct Answer: A) Whole India. 6. The IGST is charged by? A) Central Government of India. B) State government of India. C) Corporation. D) None of above. Show Answer Correct Answer: A) Central Government of India. 7. Which of the following is not one of the category of Indirect tax rates under GST? A) 0.2. B) 0.12. C) 0. D) 0.05. Show Answer Correct Answer: A) 0.2. 8. Can the taxable person under Composition Scheme claim input tax credit A) Yes. B) No. C) Only in some cases. D) Cant say. Show Answer Correct Answer: B) No. 9. In India GST model has chosen ..... model of dual-GST. A) USA. B) UK. C) Canada. D) China. Show Answer Correct Answer: C) Canada. 10. GST is also called A) Consumption tax. B) Income tax. C) Wealth tax. D) Customs duty. Show Answer Correct Answer: A) Consumption tax. 11. Mr.X ( New Delhi ) boards the new delhi kota train at New Delhi. He sells the goods taken on board by him (at New Delhi), in the train at Jaipur during the journey. What is the place of supply? A) Jaipur. B) New Delhi. C) None of the above. D) None of above. Show Answer Correct Answer: B) New Delhi. 12. SGST is based on A) State level. B) District level. C) Central level. D) None of these. Show Answer Correct Answer: A) State level. 13. A TV cost $ 2699 with GST included. How much is it before GST? A) 2968.90. B) 2453.63. C) 245. D) 2500. Show Answer Correct Answer: B) 2453.63. 14. While uploading GSTR3B getting Error as 'Json Structure Invalid'? A) If the sum of GST amount Is in negative under Inward or Outward supply. Need to mention the Value manually in Vice versa field, from where its negative. B) If there is any debit or credit note passed. C) Need to remove the negactive amount and file the returns. D) Need to file it manually. Show Answer Correct Answer: A) If the sum of GST amount Is in negative under Inward or Outward supply. Need to mention the Value manually in Vice versa field, from where its negative. 15. When an unregistered dealer supplied goods to a registered dealer, the time of supply under reverse charge shall be earliest of A) Date of receipt of goods. B) Date of supply of goods. C) Date of loading of goods In transport. D) Date of intimation of supply of goods. Show Answer Correct Answer: A) Date of receipt of goods. 16. In India GST came effective from July 1st, 2017. India has chosen ..... model of dual-GST. A) UDSA. B) UK. C) CANADIAN. D) JAPANIES. Show Answer Correct Answer: C) CANADIAN. 17. If my turnover is less than ....., I can avoid GST Registeration. A) 40, 000. B) 40, 00, 000. C) 50, 000. D) 50, 00, 000. Show Answer Correct Answer: B) 40, 00, 000. 18. Darshan Pvt. Ltd. hired a Law firm and got a bill for Rs. 1, 00, 000 with a Note saying, '18% GST applicable as RCM' A) Now, company's accountant will pay Rs. 1L to Law firm and 18K to Income Tax Department as GST. B) Now, company's accountant will pay Rs. 1L to Law firm and 18K to GST Department as GST. C) Now, company's accountant will pay Rs. 1L to Law firm after deducting 18K as GST. D) The Accountant will Case the Law Firm for Illegal Bill making. Show Answer Correct Answer: B) Now, company's accountant will pay Rs. 1L to Law firm and 18K to GST Department as GST. 19. Supply within the same state is called is called ..... A) Inter state. B) Intra state. C) International. D) None of the above. Show Answer Correct Answer: B) Intra state. 20. Two or more individual supplies of goods or services, or any combination thereof, made in conjunction with each other A) Mixed supply. B) Composite supply. C) Common supply. D) None. Show Answer Correct Answer: A) Mixed supply. ← PreviousNext →Related QuizzesFinance QuizzesIndian Polity QuizzesGst Council Quiz 1Gst Council Quiz 2Gst Council Quiz 3Gst Council Quiz 4Gst Council Quiz 5Gst Council Quiz 6Gst Council Quiz 7Gst Council Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books