This quiz works best with JavaScript enabled. Home > Indian Polity > Finance > Gst > Gst Council – Quiz 6 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Gst Council Quiz 6 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which is the first country in the world to implement GST? A) France 1954. B) UK 1950. C) India 2017. D) Japan 1967. Show Answer Correct Answer: A) France 1954. 2. Mr.Pawan, an architect in New Delhi, enters into a contract with Mr.Rohan of New York to provide professional services in respect of immovable property of Mr.Rohan located in Pune and New York. What is the place of supply? A) New Delhi. B) New York. C) Pune. D) None of the above. Show Answer Correct Answer: C) Pune. 3. Lala Lajpat Rai died as a result of injuries during the protest against A) King George V. B) Simon Commission. C) Cripps Mission. D) Queen Victoria. Show Answer Correct Answer: B) Simon Commission. 4. The error as "Could not Find an application to Open the File" while printing GSTR-3B, wt is the reason? A) Need to check whether MS word is installed and as Tally.ERP 9 was not supporting pre installed applications like MS excel and word, hence the same has been resolved in 6.5.5. B) Need to check with the capsules update. C) Need to check whether the Tally folder is added in Trusted Location. D) We cannot print GSTR-3B from Tally.ERP9. Show Answer Correct Answer: A) Need to check whether MS word is installed and as Tally.ERP 9 was not supporting pre installed applications like MS excel and word, hence the same has been resolved in 6.5.5. 5. What is the standard rate of VAT in UAE? A) 25%. B) 10%. C) 12%. D) 5%. Show Answer Correct Answer: D) 5%. 6. In India, the GST is based on the dual model GST adopted in ..... A) UK. B) Canada. C) US. D) Japan. Show Answer Correct Answer: B) Canada. 7. How many types of taxes will be in Indian GST? A) 2. B) 3. C) 4. D) 5. Show Answer Correct Answer: B) 3. 8. Which is the first state to pass GST in India? A) Assam. B) Kolkata. C) Tamilnadu. D) Delhi. Show Answer Correct Answer: A) Assam. 9. Date on which the supplier received the payment as per section 12 of the CGST Act shall be A) Date entered in the books of account. B) Date of credit in the bank account. C) Date entered into the books of account or date of credit in bank account whichever is earlier. D) Date on which receipt voucher is issued by the supplier. Show Answer Correct Answer: C) Date entered into the books of account or date of credit in bank account whichever is earlier. 10. What does "I" stands for in IGST? A) International. B) Internal. C) Integrated. D) INTRA. Show Answer Correct Answer: C) Integrated. 11. ..... is a statement showing assets and liabilities of the business concern. A) Trial balance. B) Day book. C) Balance sheet. D) Profit & loss account. Show Answer Correct Answer: C) Balance sheet. 12. What is the full from of EPCG A) Export Promotion Capital Goods. B) Export Performance Capital Goods. C) Export Promotion credit Goods. D) Export Promotion Custom Goods. Show Answer Correct Answer: A) Export Promotion Capital Goods. 13. Full Form of HSN code A) Harmony System Nomenclature. B) Harmonised Sequence Nomenclature. C) Homonised system number. D) Harmonised System Nomenclature. Show Answer Correct Answer: D) Harmonised System Nomenclature. 14. In which year 'Sepoy Movement' or 'The first war of independence' took place in which year? A) 1857. B) 1858. C) 1862. D) 1901. Show Answer Correct Answer: A) 1857. 15. Payment of Tax to the Government under GST is compulsory at the time of A) Submmission of GSTR 3B monthly. B) Submission of GSTR 3B quartely. C) Submission of GSTR 1 quartely. D) Submission of GSTR 2 quartely. Show Answer Correct Answer: A) Submmission of GSTR 3B monthly. 16. Invoice price of a TV including GST 12% is Rs.23, 520. Taxable value shall be- A) Rs.17900. B) Rs.21000. C) Rs.22950. D) Rs.20425. Show Answer Correct Answer: B) Rs.21000. 17. The maximum rate for SGST/UTGST is? A) 28. B) 14. C) 20. D) 30. Show Answer Correct Answer: C) 20. 18. On 6th May a conventional hall was booked for Rs.15000 and advance payment of Rs.3000 was made, on 15th September function was held, Invoice was issued in 27th October and on 3rd September the balance payment of Rs.12000 was made. What is the time of supply to the extend of balance Rs.12000? A) 27th October. B) 6th May. C) 3rd September. D) 15th September. Show Answer Correct Answer: D) 15th September. 19. The GSTIN is ..... digit PAN based registration number. A) 15. B) 14. C) 16. D) 17. Show Answer Correct Answer: A) 15. 20. The first country to implement GST A) France. B) India. C) China. D) Mexico. Show Answer Correct Answer: A) France. ← PreviousNext →Related QuizzesFinance QuizzesIndian Polity QuizzesGst Council Quiz 1Gst Council Quiz 2Gst Council Quiz 3Gst Council Quiz 4Gst Council Quiz 5Gst Council Quiz 7Gst Council Quiz 8Gst Council Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books