GST

Practical MCQ Questions on GST For Executive Program

practical mcq questions on gst for executive program
Written by Taiyari 24 Hour

Practical MCQ Questions on GST For Executive Program

Practical MCQ Questions on GST for Executive Program: Hello Student, आज हम आपके लिए एक ऐसी pdf लाये है जिसमे आपको CS Executive Exam के लिए MCQ  Questions with Answers मिलेंगे जो की आपके लिए बहुत ही important होगा | इस pdf को download करने के लिए नीचे download button दिया गया है जिसे click कर के download कर सकते है |

Practical MCQ Questions on GST For Executive Program

1. Compensation to states under  GST(Compensation to States ) Act , 2017 is paid by

A) Central Government from consolidated fund of India
B) Central Government from GST compensation fund of India
C) Central Government directly from the collection of compensation cess
D) GST Council under Constitution of India.

Answers : B

2. While computing compensation to states, tax revenue of this tax/ these taxes is excluded

A) petroleum crude, diesel, petrol, ATF and natural gas
B) Alcohol for human consumption
C) entertainment tax collected by local authorities
D) All of the above

Answers : D

3. Input tax credit on compensation cess paid under GST(Compensation to States ) Act , 2017

A) is not available
B) is available
C) is available but not fully
D) is available after one year

Answers : B

4. Input tax credit under GST(Compensation to States ) Act , 2017 includes GST Compensation Cess charged on any supply of

A) goods and/or services,
B) Goods imported
C) GST Compensation Cess payable on reverse charge basis
D) All of the above

Answers : D

5. Maximum rate of CGST prescribed by  law for intrastate supply made is—-

A) 18%
B) 20%
C) 40%
D)28%+cess

Answers : B

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