Question 1

What does these term refere to:
-Sovereign activities _______________-

Accepted Answer

A) Money order 
B) Electronic Operator 
C) Not Suitable to GST 
D) Consideration 
A) Money order 
B) Electronic Operator 
C) Not Suitable to GST 
D) Consideration

Question 2

What does these term refere to:
-Securities ____________.

Accepted Answer

A) 2(45) of CGST Act 
B) 2(107) of CGST Act 
C) 2(31) CGST Act 
D) 2 (101) of SCRA Act 
A) 2(45) of CGST Act 
B) 2(107) of CGST Act 
C) 2(31) CGST Act 
D) 2 (101) of SCRA Act

Question 3

What does these term refere to:
-What is IGST __________.

Accepted Answer

A) Integrated Goods and Service Tax 
B) Indian Goods and Service Tax 
C) Initial Goods & Service Tax 
D) International Goods & Service Tax. 
A) Integrated Goods and Service Tax 
B) Indian Goods and Service Tax 
C) Initial Goods & Service Tax 
D) International Goods & Service Tax.

Question 4

What does these term refere to:
-Barter ____________

Accepted Answer

A) Exchange of goods against goods 
B) Profit Motive 
C) Trust 
D) Electronic Commerce Operator 
A) Exchange of goods against goods 
B) Profit Motive 
C) Trust 
D) Electronic Commerce Operator

Question 5

What does these term refere to:
-Business ___________.

Accepted Answer

A) 2(105) of CGST Act 
B) 2(17) of CGST Act 
C) 2(31) of CGST Act 
D) 2(107) of CGST Act 
A) 2(105) of CGST Act 
B) 2(17) of CGST Act 
C) 2(31) of CGST Act 
D) 2(107) of CGST Act

What does these term refere to: -Sovereign activities _______________-

What does these term refere to: -Securities ____________.

What does these term refere to: -What is IGST __________.

What does these term refere to: -Barter ____________

What does these term refere to: -Business ___________.

Concepts Related to GST in India

Goods and Services Tax GST and Indirect Taxes in India

GST and Taxation

GST Consideration, E-Commerce, and Tax Rates

Filters

Exam 4: Implications and Implementation of GST in India