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Theory Base of ...

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  • Question 1
    1 / -0

    GST is proposed to be levied at all stages right from _____________ up to the final consumption.

  • Question 2
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    GST is implemented to accomplish the objective of one nation ________ tax.

  • Question 3
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    GST is a _____________ based tax and levied at a single point at the time of ___________ of goods and services.

  • Question 4
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    The prime objective of GST implementation is to ________ the multiple levy of tax on goods and services. 

  • Question 5
    1 / -0

    Accounting Standard 2 deals with valuation of ____________.

  • Question 6
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    When does the liability to pay GST arise in case of supply of goods?

  • Question 7
    1 / -0

    Which of the following was the first country to implement GST to reduce tax-evasion?

  • Question 8
    1 / -0

    GST is basically designed to:
    1. Enhance manufacturing system
    2. Reduce the tax base
    3. Expand the distribution system
    4. Increase the revenue from taxes
    Of the above ___________.

  • Question 9
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    GST widens the _______ base which accordingly increases the _______ for government.

  • Question 10
    1 / -0

    The subsumption of which taxes will make the GST-a pucca Destination based Consumption Tax _________________.

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