Dual model of GST as adopted in India has been drawn majorly from
Australia
USA
France
Canada
116 practice sets · Page 5 of 6
Dual model of GST as adopted in India has been drawn majorly from
Australia
USA
France
Canada
Who is the chairman of GST committee of state finance ministers?
Amit Mitra
Amit kohli
Amit Sastri
Amit Malhodra
Deemed registration is
after four working days
after three common working days
after five working days
after seven working days
GST is ……………………………..
a value added tax
tax on consumer goods and services
tax on goods and services
none of the above
Which article of constitution of India empowers the Parliament to impose IGST in India?
69A
265A
279A
none of the above
Article …………………….. of constitution of India empowers parliament to impose IGST in India.
69A
279A
265A
none of the above
In India, the GST Council has come out with a four-rate structure. They are?
5%, 12%, 18% and 24%
5%, 12%, 18% and 26%
5%, 12%, 18% and 28%
5%, 12%, 16% and 28%
Annual Return has to be filed every year:
30th June
31st December
30th September
31st October
GST council formation based on Article number
279A
289A
266A
255A
What is the rate of levy under composite scheme on the Manufacturer?
2 percent
½ percent
3 percent
1 percent
When did the President of India gave assent to the Central GST Law?
18th April 2017
5th April 2017
22nd April 2017
12th April 2017
When was GST Council constituted?
12th September 2016
20th September 2016
13th September 2016
16th September 2016
Which constitutional amendment is done to pass the GST bill?
101 st
120th
122nd
115th
What is the weight of vote that the all the States together have in the GST Council?
1/4th of total votes cast
1/2th of total votes cast
2/3rd of total votes cast
3/4th of total votes cast
What is the weight of vote that the Centre has in the GST Council?
1/4th of total votes cast
1/2th of total votes cast
1/3rd of total votes cast
none of the above
The rate of GST as applicable on goods and services are:
0% 5% 12% 16% 28%
0% 5% 12% 18% 28%
0% 6% 12% 18% 28%
0% 5% 12% 18% 26%
What is the threshold limit for composite tax levy?
60 lakh
70 lakh
50 lakh
1 crore
What is the threshold limit for composition levy?
40 lakh
30 lakh
1 crore
70 lakh
What is the threshold limit for an individual limit for GST registration?
10 lakh
12 lakh
15 lakh
20 lakh
Tax deduction at the rate of 1% on certain persons, who are recipients of supply, fromthe payment made or credited to the supplier where total value of supply, undercontract, is exceeding rupees:
1,00,000
1,50,000
2,50,000
5,00,000