GST Quiz – Test Your Knowledge of Goods and Services Tax

Q1. Thetime limit beyond which if goods are not returned, the inputs sent for job work shall be treated as supply

Q2. Find the sales tax only. $199.95 ipod; 9%tax

Q3. A unique identification number of a stock item to which a manufacturer can attach the manufacturing and expiry dates is known as

Q4. If a country does invest in capital goods, how can it affect the country’s gross domestic product (GDP)?

Q5. India’s GST structure are based on how many structures?

Q6. What is full form of DTAA?

Q7. The percent increase in GDP from one year to the next.

Q8. Purpose: To hurt a country’s economy

Q9. An economy that has characteristics of both market and command economic systems

Q10. Which basis of accounting violates GAAP?

Q11. When is a supply of goods to take place inter state?

Q12. Thefourstages an economythrough over a period of time, as an economy does not grow at a steady rate.

Q13. Taxes paid on purchasing goods

Q14. Earnings paid to an employee based on an hourly rate.

Q15. A person, other than the taxpayer or spouse, who entitles the taxpayer to claim an exemption.

Q16. Tax is paid by

Q17. Anitems price is $10. GST is 10%, what is the dollar value of GST?

Q18. the total amount of things that a group of people can produce

Q19. Under GST law, tax rates are determined by

Q20. If you make a mistake on your tax return and include some income twice, you can’t do anything about it.

Q21. The economic system where the people carry out their economic activities without government control.

Q22. GST is a matter of jurisdiction of

Q23. The government uses tax money to provide private goods and services.

Q24. What type of account is-Drawings

Q25. The tax which was not merged into GST

GST - Part 1

Q1. Thetime limit beyond which if goods are not returned, the inputs sent for job work shall be treated as supply

Q2. Find the sales tax only. $199.95 ipod; 9%tax

Q3. A unique identification number of a stock item to which a manufacturer can attach the manufacturing and expiry dates is known as

Q4. If a country does invest in capital goods, how can it affect the country’s gross domestic product (GDP)?

Q5. India’s GST structure are based on how many structures?

Q6. What is full form of DTAA?

Q7. The percent increase in GDP from one year to the next.

Q8. Purpose: To hurt a country’s economy

Q9. An economy that has characteristics of both market and command economic systems

Q10. Which basis of accounting violates GAAP?

Q11. When is a supply of goods to take place inter state?

Q12. Thefourstages an economythrough over a period of time, as an economy does not grow at a steady rate.

Q13. Taxes paid on purchasing goods

Q14. Earnings paid to an employee based on an hourly rate.

Q15. A person, other than the taxpayer or spouse, who entitles the taxpayer to claim an exemption.

Q16. Tax is paid by

Q17. Anitems price is $10. GST is 10%, what is the dollar value of GST?

Q18. the total amount of things that a group of people can produce

Q19. Under GST law, tax rates are determined by

Q20. If you make a mistake on your tax return and include some income twice, you can’t do anything about it.

Q21. The economic system where the people carry out their economic activities without government control.

Q22. GST is a matter of jurisdiction of

Q23. The government uses tax money to provide private goods and services.

Q24. What type of account is-Drawings

Q25. The tax which was not merged into GST