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Answer. GST subsumed the following: Central Taxes. Service tax; Central excise duty; Additional Duties of Excise (Goods of Special Importance); Excise duty levied under the Medicinal and Toilet Preparations (Excise Duties) Act, 1955; (Textiles and Textile Products.
Police Radio 10-Codes. Ten-codes, also known as 10-codes or ten signals, are code words used by many police officers to aid with voice communication. The codes were originally developed in 1937 to allow for brevity, clarity, and standardization of messages transmitted over radio channels.
Answer. Article 366(12A) of the Constitution as amended by 101st Constitutional Amendment Act, 2016 defines the Goods and Services tax (GST) as a tax on supply of goods or services or both, except supply of alcoholic liquor for human consumption.
The GST would be a value-added tax applied on most products and services purchased. Important GST MCQs are listed below to test your knowledge of the subject. For your convenience, the responses are also provided.
3 sie 2024 · Get Goods and Services Tax (GST) Multiple Choice Questions (MCQ Quiz) with answers and detailed solutions. Download these Free Goods and Services Tax (GST) MCQ Quiz Pdf and prepare for your upcoming exams Like Banking, SSC, Railway, UPSC, State PSC.
9 . Who will notify the rate of tax to be levied under CGST Act? (a) Central Government (b) State Government (c) GST Council (d) Central Government as per the recommendations of the GST Counci Ans: (a) 10 . Which of the following taxes will be levied on imports? (a) CGST (b) SGST (c) IGST (d) CGST and SGST Ans: (c) 11 .
Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. GST MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam.
