GST MCQ Questions and Answers
1. What is the full form of GST?
a) Goods and supply tax
b) Government sales tax
c) Goods and services tax
d) General sales tax
2. The headquarters of GST council is located at______
a) New Delhi
b) Mumbai
c) Noida
d) Ranchi
3. What does “I” stand for in IGST ?
a) Intra
b) International
c) Integrated
d) Internal
4. Which state became the first state of India to ratify GST bill ?
a) Assam
b) Jharkhand
c) Bihar
d) Goa
5. In India GST became effective from…….?
a) 1st March 2017
b) 1st April 2017
c) 1st May 2017
d) 1st July 2017
6. Which of the following tax has been abolished by the GST?
a) Service tax
b) Wealth tax
c) Income tax
d) Corporation tax
7. What kind of a tax is GST ?
a) Direct tax
b) Indirect tax
c) Income tax
d) Value tax
8. The Chairman of the GST Council in India is _______
a) Home Minister
b) Prime Minister
c) Defence Minister
d) Finance Minister
9. Who introduced GST first in the world ?
a) France
b) China
c) India
d) USA
10. Who is called the Father of GST in India ?
a) Arun Jeitley
b) Indira Gandhi
c) Manmohan Singh
d) Atal Bihari Vajpayee
11. Who is the first chairman of GST council ?
a) Arun Jaitley
b) Manmohan singh
c) Sushma Swaraj
d) Amit shah
12. India GST model has ________ rate structure
a) 3
b) 4
c) 7
d) 5
13. What is the full form of “ CGST ” ?
a) Central Goods and Serving Tax
b) Central Goods and Services Team
c) Central Goods and Services Tax
d) Central Goals and Services Tax
14. What is the full form of “ SGST ” ?
a) State Goods and Serving Tax
b) State Goals and Services Tax
c) Sahara Goods and Services Tax
d) State Goods and Services Tax
15. What is the full form of “ IGST ” ?
a) Integrated Goods and Serving Tax
b) Integrated Goods and Services Tax
c) International Goods and Services Tax
d) Integrated Goals and Services Tax
16. What is the full form of “ UTGST ” ?
a) Union Territory Goods and Services Tax
b) United Territory Goods and Services Tax
c) Union Territory Goals and Services Tax
d) Union Territory Goods and Serving Tax
17. How many GST slab in India ?
a) 3
b) 5
c) 7
d) 4
18. What is the GST rate slab for Goods & Services ?
a) 0% 5% 12% 18% 26%
b) 0% 6% 12% 18% 28%
c) 0% 5% 12% 18% 28%
d) 0% 5% 12% 16% 28%
19. How many characters are there in a GST number ?
a) 18
b) 13
c) 15
d) 19
20. How many members are there in the GST council ?
a) 33
b) 35
c) 37
d) 39
21. Which country has the highest rate of GST ?
a) USA
b) India
c) China
d) France
22. What is “ HSN ” code in GST?
a) Harmonised System of Nomenclature code
b) Harmonised Service of Nomenclature code
c) Harmonised System of Nomenclature case
d) Harmonised System of Nominee code
23. What is “ SAC ” code in GST?
a) Servicing Act Code
b) Serving Accounting Code
c) System Accounting Code
d) Servicing Accounting Code
24. Can a person apply for registration without PAN ?
a) No
b) Yes
25. What is the full form of “ PAN ” ?
a) Permanent Account Notes
b) Permanent Account Number
c) Permanent Amount Number
d) Perfect Account Number
26. What is the full form of “ TAN” ?
a) Total Deduction Account Number
b) Ten Deduction Account Number
c) Tax Deduction Account Number
d) Tax Deduction Amount Number
27. The value of supply of goods and services shall be the_________
b) Market value
c) Transaction value
d) None of the above
28. What is the lowest GST rate in India ?
b) 18%
c) 22%
d) 28%
29. What is the highest GST rate in India ?
b) 12%
c) 22%
d) 28%
30. What is the full form of “ DIN ” ?
b) Direct Identification Number
c) Director Identification Number
d) Distance Identification Number