Goods and Services Tax (GST) MCQs with answers Page - 9

Here, you will find a collection of MCQ questions on Goods and Services Tax (GST). Go through these questions to enhance your preparation for upcoming examinations and interviews.

To check the correct answer, simply click the View Answer button provided for each question.

Have your own questions to contribute? Click the button below to share your MCQs with others!

+ Add Question

A

Admin • 802.91K Points
Coach

Q. Which of the following is true about GSTR-9C?

  • (A) It is filed monthly
  • (B) It is applicable for composition dealers
  • (C) It is a reconciliation statement
  • (D) It is used for registration

A

Admin • 802.91K Points
Coach

Q. GST compensations to states are provided for how many years?

  • (A) 2 years
  • (B) 3 years
  • (C) 5 years
  • (D) 10 years

A

Admin • 802.91K Points
Coach

Q. Which type of audit is conducted by a chartered accountant under GST?

  • (A) Statutory audit
  • (B) Departmental audit
  • (C) Special audit
  • (D) Field audit

A

Admin • 802.91K Points
Coach

Q. The maximum penalty for not issuing an invoice under GST is:

  • (A) ₹1,000
  • (B) ₹5,000
  • (C) ₹10,000
  • (D) ₹25,000

A

Admin • 802.91K Points
Coach

Q. Which of the following transactions does not require an e-way bill?

  • (A) Movement of goods worth ₹70,000
  • (B) Movement within 10 km radius
  • (C) Movement of exempt goods worth ₹60,000
  • (D) All of the above

A

Admin • 802.91K Points
Coach

Q. How often must composition dealers pay tax?

  • (A) Monthly
  • (B) Quarterly
  • (C) Annually
  • (D) Bi-annually

A

Admin • 802.91K Points
Coach

Q. Which state was the first to pass the State GST Act?

  • (A) Gujarat
  • (B) Maharashtra
  • (C) Assam
  • (D) Kerala

A

Admin • 802.91K Points
Coach

Q. Which of these is a GST exemption condition for small businesses?

  • (A) Turnover below ₹40 lakhs
  • (B) Turnover below ₹1 crore
  • (C) Turnover above ₹50 lakhs
  • (D) Turnover above ₹20 lakhs

A

Admin • 802.91K Points
Coach

Q. Which of the following is not a GST rate slab?

  • (A) 0%
  • (B) 5%
  • (C) 15%
  • (D) 28%

A

Admin • 802.91K Points
Coach

Q. What is the main purpose of GSTN (Goods and Services Tax Network)?

  • (A) Collect tax
  • (B) Handle registration only
  • (C) Provide IT infrastructure for GST
  • (D) Audit taxpayers

Add MCQ in this Category

If you want to share an MCQ question in this category, it's a great idea! It will be helpful for many other students using this website.

Share Your MCQ

Browse Categories

Click on category to learn MCQs of that category.