GST is a ____________________ based tax on consumption of goods and services.

Related MCQs

• GST is a consumption of goods and services tax based
• The concept of Goods and Services Tax (GST) is originated in………..
• . Rule 30 of the CGST Rules inter alia provides value of supply of goods or services or both based on cost shall be ……………% of cost of production or manufacture or the cost of acquisition of such goods or the cost of provision of such services
• Input tax credit under GST (Compensation to States) Act, 2017 includes GST Compensation Cess charged on any supply of
• the rate of GST as applicable on goods and services are
• How will the goods and services be classified under GST regime?
• . As per GST Law only citizen of India can act at as GST practitioner
• Which of the following is the main motive of the government behind the introduction of the Goods and Services Tax
• . Which of the following forms part of transaction value? 1) GST compensation cess 2) Payments made to third parties by the recipient on behalf of the supplier in relation to the supply 3) Entertainment tax levied by local authority 4) Commission paid to an agent and recovered from the recipient 5) Inspection charges at recipient’s site 6) Charges for delay in payment waived off by supplier State the correct answer from the options given below
• Which of the following tax will be abolished by the GST?