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HOBBYSHOBBY QUIZZES
GOODS & SERVICES TAX (GST) - Part 1
[Click any drop-down box below to see & select the possible answers]
GST is a
1._____
place of supply
consumption
place of consumption
credit
value addition
destination
all stages
final consumer
based tax on
2._____
place of supply
consumption
place of consumption
credit
value addition
destination
all stages
final consumer
of goods and services.
It is levied at
3._____
place of supply
consumption
place of consumption
credit
value addition
destination
all stages
final consumer
right from manufacture up to final consumption with
4._____
place of supply
consumption
place of consumption
credit
value addition
destination
all stages
final consumer
of taxes paid at previous stages available as set off.
Only
5._____
place of supply
consumption
place of consumption
credit
value addition
destination
all stages
final consumer
will be taxed and burden of tax is to be borne by the
6._____
place of supply
consumption
place of consumption
credit
value addition
destination
all stages
final consumer
. The tax would accrue to the taxing authority which has jurisdiction over the
7._____
place of supply
consumption
place of consumption
credit
value addition
destination
all stages
final consumer
which is also termed as
8._____
place of supply
consumption
place of consumption
credit
value addition
destination
all stages
final consumer
.