(1) Rate of GST on essential commodities is . . .
A. 5%
B. 12%
C. 0%
D. 18%
Solution:
C. 0%
Explanation:
According to Central board of Exercise and customs the rate of GST on essential commodities is 0%
(2) The tax levied by the central government for trading within state is . . .
A. IGST
B. CGST
C. SGST
D. UTGST
Solution:
B. CGST
Explanation:
The tax levied by the central government for trading is Central Goods and Services Tax.
(3) GST system was introduced in our country from . . .
A. 31st March 2017
B. 1st April 2017
C. 1st January 2017
D. 1st July 2017
Solution:
D. 1st July 2017
Explanation:
GST system was introduced from 1st July 2017
(4) The rate of GST on stainless steel utensils is 18%, then the rate of State GST is . . .
A. 18%
B. 9%
C. 36%
D. 0.9%
Solution:
B. 9%
Explanation:
According to Central board of Exercise and customs the rate of GST on stainless steels and utensils is 9%
(5) In the format of GSTIN there are . . . alpha-numerals.
A. 15
B. 10
C. 16
D. 9
Solution:
A. 15
Explanation:
GSTIN has 15 alpha numerals
(6) When a registered dealer sells goods to another registered dealer under GST, then this trading is termed as . . .
A. BB
B. B2B
C. BC
D. B2C
Solution:
B. B2B
Explanation:
The trading when a dealer sells goods to another registered dealer under GST is termed as B2B.