GST Quiz – Test Your Knowledge of Goods and Services Tax

Q1. Taxes paid on purchasing goods

Q2. GST is a matter of jurisdiction of

Q3. Thetime limit beyond which if goods are not returned, the inputs sent for job work shall be treated as supply

Q4. the total amount of things that a group of people can produce

Q5. Purpose: To hurt a country’s economy

Q6. India’s GST structure are based on how many structures?

Q7. Find the sales tax only. $199.95 ipod; 9%tax

Q8. An economy that has characteristics of both market and command economic systems

Q9. Under GST law, tax rates are determined by

Q10. When is a supply of goods to take place inter state?

Q11. The government uses tax money to provide private goods and services.

Q12. A person, other than the taxpayer or spouse, who entitles the taxpayer to claim an exemption.

Q13. Which basis of accounting violates GAAP?

Q14. Tax is paid by

Q15. What is full form of DTAA?

Q16. If a country does invest in capital goods, how can it affect the country’s gross domestic product (GDP)?

Q17. The percent increase in GDP from one year to the next.

Q18. The tax which was not merged into GST

Q19. If you make a mistake on your tax return and include some income twice, you can’t do anything about it.

Q20. Anitems price is $10. GST is 10%, what is the dollar value of GST?

Q21. Thefourstages an economythrough over a period of time, as an economy does not grow at a steady rate.

Q22. The economic system where the people carry out their economic activities without government control.

Q23. A unique identification number of a stock item to which a manufacturer can attach the manufacturing and expiry dates is known as

Q24. Earnings paid to an employee based on an hourly rate.

Q25. What type of account is-Drawings

GST - Part 1

Q1. Taxes paid on purchasing goods

Q2. GST is a matter of jurisdiction of

Q3. Thetime limit beyond which if goods are not returned, the inputs sent for job work shall be treated as supply

Q4. the total amount of things that a group of people can produce

Q5. Purpose: To hurt a country’s economy

Q6. India’s GST structure are based on how many structures?

Q7. Find the sales tax only. $199.95 ipod; 9%tax

Q8. An economy that has characteristics of both market and command economic systems

Q9. Under GST law, tax rates are determined by

Q10. When is a supply of goods to take place inter state?

Q11. The government uses tax money to provide private goods and services.

Q12. A person, other than the taxpayer or spouse, who entitles the taxpayer to claim an exemption.

Q13. Which basis of accounting violates GAAP?

Q14. Tax is paid by

Q15. What is full form of DTAA?

Q16. If a country does invest in capital goods, how can it affect the country’s gross domestic product (GDP)?

Q17. The percent increase in GDP from one year to the next.

Q18. The tax which was not merged into GST

Q19. If you make a mistake on your tax return and include some income twice, you can’t do anything about it.

Q20. Anitems price is $10. GST is 10%, what is the dollar value of GST?

Q21. Thefourstages an economythrough over a period of time, as an economy does not grow at a steady rate.

Q22. The economic system where the people carry out their economic activities without government control.

Q23. A unique identification number of a stock item to which a manufacturer can attach the manufacturing and expiry dates is known as

Q24. Earnings paid to an employee based on an hourly rate.

Q25. What type of account is-Drawings