GOODS AND SERVICES TAX

(QUESTION BANK FOR

INTERNAL)

1. GST was introduced in India with effect from

a) 1.1.2017 b) 1.4.2017 c) 1.1.2018 d) 1.7.2017

2. SGST is applicable when

a) Goods are sold within a state b) Goods are sold from one GST dealer to a customer
c) Goods are sold by a GST dealer to another GST dealer d) Interstate supply

3. The tax which was not merged into GST

a) Counterveiling Duty b) Excise duty c) Basic Customs Duty d) Purchase tax

4. After introduction of GST import into India is –

a) Subject to IGST plus BCD b) Subject to CGST plus SGST plus BCD
c) Zero rated d) SGST plus CGST plus IGST plus BCD

5. After introduction of GST supplies to SEZ are

a) Subject to IGST b) Subject to CGST plus SGST
c) Zero rated d) SGST plus CGST plus IGST

6. The council can take a decision only if there is

a) Three- fourth majority b) Two third Majority
c) 60% majority d) Simple majority

7. GST dealers with annual turnover of --- are not required to use HSN code
a) Less than Rs. 1.5 crore b) less than Rs. 20 lakh
c) less than Rs. 1 crore d) less than Rs. 75 lakh

8. Under GST law “Aggregate turnover” of a dealer is determined

a) State-wise b) All India basis c) shop-wise d) None of these

9. Under GST law “Agriculturist” means

a) Individual or Hindu Undivided Family only b) Individual only
c) Any entity engaged in agricultural operations d) Any one who sells agricultural produces
 10. A supply of a package consisting of canned foods, sweets, chocolates, cakes, dry fruits,
aerated drinks and fruit juices when supplied for a single price is
a) Common supply b) Composite supply c) Mixed supply d) Continous supply

11. Liability to pay tax by the recipient of supply of goods or services is called
a) Output tax b) Reverse charge c) Input tax d) None of these

12. IGST collected belong to

a) Central Government b) To the State in which supply occurs
c) to the State to which supply occurs d) The Centre and state to which supply occurs

13. Where a supply is received at a place of business for which the registration has
been obtained, ‘location of the recipient of services’ is
a) location of place of business of recipient b) location of service provider
c) Place where payment is received d) None of the above

14. Where a supply is received at more than one place ‘location of the recipient of services’ is
a) Location of the establishment most directly concerned with the receipt of the supply
b) Location of service provider c) Place where payment is received d) None of the above

15. The maximum limit of IGST rate fixed in the Act is

a) 18% b) 28% c) 40% d) 100%

16. Where an E- commerce operator does not have physical presence in the taxable territory
a) Tax need not be paid b) Agent of the E- commerce operator shall be liable to pay tax
c) Tax must be paid in advance d) IGST is not applicable

17. Where the location of the supplier and the place of supply are in two different States –
a) IGST is applicable b) CGST is applicable
c) SGST plus CGST is applicable d) CGST plus IGST is applicable

18. Where location of the supplier and the place of supply are in two different Union territories
a) CGST plus UTGST is applicable b) IGST is applicable
c) SGST plus UTGST is applicable d) CGST plus IGST is applicable

19. Where location of the supplier and place of supply are in a State and a Union territory
a) CGST plus UTGST is applicable b) CGST plus IGST is applicable
c) SGST plus UTGST is applicable d) IGST is applicable

20. Supply of goods where the location of the supplier and the place of supply of goods are in the
same State or same Union territory shall be treated as
a) Inter state b) Intra-state supply c) Taxable supply d) None of these

21. Supply of goods to or by a Special Economic Zone

a) CGST plus UTGST b) CGST plus IGST c) IGST d) None of these
22. Gifts not exceeding --- in a year by an employer to employee shall not be treated as supply.
a) Rs. 5,000 b) Rs. 10,000 c) Rs. 50,000, d) Rs. 1,00,000

23. Lease, tenancy, easement or licence to occupy land is a supply of

a) Goods b) Services c) Both goods and services d) None

24. Letting out of the building or residential complex is a supply of

b) Goods b) Services c) Both goods and services d) None

25. Transfer of the title in goods is a supply of

c) Goods b) Services c) Both goods and services d) None

26. Transfer of right in goods or of undivided share in goods ‘without the transfer of title’ is
d) supply of Goods b) supply of Services c) supply of Both goods and services d) None

27. Transfer of title in goods under an agreement which stipulates that property in goods shall
pass at a future date upon payment of full consideration, is a supply of -
e) Both goods and services b) Services c) Goods d) None

28. Construction of a complex, building, civil structure intended for sale to a buyer, wholly or
partly is supply of –
a) Goods b) Services c) Both goods and services d) None

29. Where the entire consideration has been received after issuance of completion certificate
or after its first occupation is
a) Transfer of Goods b) Transfer of immovable property
c) Transfer fo services d) None of these

30. Works contract is a supply of

a) Goods b) Services c) Both goods and services d) None

a) Output tax b) Input tax c) Composite tax d) Reverse tax

106. Input tax credit is allowed to
a) Any one who has paid tax b) Any registered person
c) Any Composite dealers d) Any dealer under GST

107. Input tax credit shall be allowed only on the support of

a) Delivery note b) Payment slip c) Credit note d) Tax invoice

108. Input tax credit shall be allowed only against

a) Any tax payable b) Output tax c) Composite tax d) Refund

109. Where the goods are received in lots or instalments input tax credit can be claimed
a) upon reciept of first lot b) upon receipt of the last lot
c) Any time at the option of the supplier d) after full payment of price

110. Where a recipient fails to pay the price within 180 days from the date of issue of invoice,
he shall be liable to pay input tax credit to the Government with --- % interest
a) 10% b) 12% c) 18% d) None of these

111. Input tax credit of an invoice can be availed within a period of -- or the 30 th September
following the year of invoice whichever is earlier.
a) 2 years b) 1 year c) 6 months d ) 3 Months

112. If goods or services are partly used for business purposes and partly for other purposes, input
tax credit
a) can be fully claimed b) can be partly claimed c) cannot be claimed d) Not applicable

113. Input tax credit is not available for

a) services b) zero rated supplies c) taxable supplies d) exempt supplies

114. Input tax credit is not available for supplies to

a) SEZ b) Exports c) Provide non taxable services d) Produce taxable goods

115. Input tax for personal vehicles

a) can be claimed by any dealer b) Blocked credit
c) can be claimed by GST dealers d) Can be claimed by any person.

116. Input tax credit in respect of food and beverages, outdoor catering, beauty treatment, health
services, cosmetic and plastic surgery belong to
a) Exempt category b) Composite tax category c) Blocked credit category d) None of these.

117. Input tax credit in respect of food membership of a club, health and fitness centre belong to
a) Exempt category b) Blocked credit category c) Composite tax category d) None of these.

118. Input tax credit in respect of rent-a-cab, life insurance and health insurance belong to
a) Blocked credit category b) Exempt category c) Composite tax category d) None of these
119. Input tax credit in respect of goods lost, stolen, destroyed, written off or disposed of by
way of gift or free samples; belong to
a) Exempt category b) Composite tax category c) Blocked credit category d) None of these

120. Goods or services or both on which tax has been paid under section 10 belong to
a) Exempt category b) Composite tax category c) Blocked credit category d) None of these

121. Input tax credit is not allowed on the support of

a) Tax invoice issued by the supplie b) A debit note issued by a supplier
c) An Input Service Distributor invoice d) Delivery chalan

122. Reversal of input tax credit happens when

a) Recipient does not pay the amount within 180 days b) When goods are of inferior quaility
c) Supplier refuces to accept payment d) None of these

123. In the case of reversal of input tax credit, interest at the rate of --- % is applicable
a) 8% b) 12% c) 18% d) 24%

124. Reversal of Input tax credit happens when a person fails to pay the amount of price
including tax to the supplier within a period of
a) 180 days b) 30days c) 60days d) 90 days

125. Input Service Distributor means

a) Any service provider b) Any GST registered service provider
c) Office distributing common service d) Office distributing common input tax credit

126. Input Service Distributor shall distribute the credit of CGST

a) Either as CGST or IGST b) as CGST only
c) SGST only d) Either as CGST or as SGST

127. When an exempt supply in the hands of registered person becomes a taxable supply, such
person a) can take credit of input tax b) is not entitled to take credit of input tax
c) liable to pay tax on stock d) liable to pay reverse charge

128. A registered person, after availing input tax credit, opts for composition levy,
a) shall be liable to pay the input tax on stock or capital goods b) shall not be liable to pay tax
c) liable to pay reverse charge d) None of these

129. In case of transfer of capital goods or plant and machinery the registered person shall
a) not be liable to pay input tax credit claimed b) be liable to pay the input tax credit claimed
c) liable to pay reverse charge d) None of these

130. Tax credit in respect of goods or inputs sent for job work can be claimed by
a) Job worker b) Principal c) Either by Jobworker or Principal d) Not eligible for input credit
131. A registered person shall not be entitled to take input tax credit after
a) Three months of issuing tax invoice b) Six months of issuing tax invoice
c) One year from the date of issue of tax invoice d) Two years of issuing tax invoice

132. A registered person need not issue a tax invoice if the value of supply less than
a) 100 b) Rs. 200 c) 500 d) 1000

133. A registered person supplying exempted goods or services or paying composition tax under
section 10 shall issue
a) GST Bill b) Bill of supply c) Delivery chalan d) Debit note

134. A registered person shall, on receipt of advance payment for goods or services, issue
a) GST Bill b) Bill of supply c) Receipt voucher d) Debit note

135. After issuing a receipt voucher for advance payment, if no supply is made --- may be
issued against such payment.
a) Refund voucher b) Debit note c) Tax invoice d) Bill of supply

136. In a tax invoice of supply of Rs. 50,000 or more to an unregistered person, the name
and address of the recipient and the address of delivery are
a) Optional b) Compulsory in all cases
c) compulsory to avail input tax credit d) compulsory if the recipient insists

137. In a tax invoice of supply of less than Rs. 50,000 to an unregistered person, the name
and address of the recipient and the address of delivery are
a) Optional b) Compulsory in all cases
c) compulsory to avail input tax credit d) compulsory if the recipient insists

138. An unregistered person

a) is allowed to collect GST b) is not allowed to collect GST
c) is allowed to collect composite tax c) is allowed to collect reverse tax

139. A consolidated invoice at the end of a month for supplies on which reverse charge is
applicable is required when the aggregate value of such supplies exceeds
a) Rs. 1,000 in a day b) Rs. 5,000 in a day c) Rs. 10,000 in a day d) Rs. 50,000 in a day

140. In the case of sale to an unregistered person, a registered person may not issue a tax
invoice, if the value of supply is
a) less than Rs. 100 b) less than Rs. 200 c) less than Rs. 500 d) less than Rs. 1,000

141. In the case of the taxable supply of services the invoice shall be issued within a period of
a) 15days b) 30 days c) 45 days d) 90days

142. The original copy of a tax invoice of goods belongs to

a) Recipient of supply b) Transporter of supply c) The supplier d) GST department
143. The duplicate copy of a tax invoice of goods belongs to
a) Recipient of supply b) Transporter of supply c) The supplier d) GST department

144. The triplicate copy of a tax invoice of goods belongs to

a) Recipient of supply b) Transporter of supply c) The supplier d) GST department

145. A bill of supply is issued in the case of

a)Taxable goods b) Reverse charge c) Exempt goods d) Composite supply

146. A Debit note is issued to the recipient of goods or services if

1) Taxable value is found to be excess 2) The goods are returned by the recipient;
3) Goods supplied are found to be deficient 4) Tax charged is found to be lesser

147. Mr. P supplied goods of Rs. 1,00,000, to Mr. Q, who returned goods of Rs 10,000 due to
inferior quality. Mr. P will later issue
a) Credit note b) Debit note c) Tax invoice d) Delivery challan

148. A credit note is issued to the recipient of goods in the following cases
1) When the taxable value of goods found to be less 2) Tax charged found to be less
3) When the recipient refuces to make payment 4) None of these

149. Mr. X supplied goods to Mr. Y the cost was Rs. 1,00,000 but wrongly billed as Rs. 10,000.
Mr. X will later issue
a) Debit note to Mr.Y a) Credit note to Mr.Y
c) Tax invoice to Mr.Y d) Delivery chalan to Mr.Y

150. In the case of supply of liquid gas where the quantity at the time of removal from the place
of business of the supplier is not known
a) Delivery challan is not required b) Tax invoice is not required
c) Debit note is required d) credit note is required

151. In the case of transportation of goods for job work,

a) Delivery challan is required b) Tax invoice is required
c) Debit note is required d) credit note is required

152. The eligible input tax will be automatically credited to the

a) Electronic Credit Ledger b) Electronic cash ledger
c) Electronic Liability register d) None of these

153. Every deposit made towards tax shall be credited to

a) Electronic credit ledger b) Electronic Cash Ledger
c) Electronic Liability register d) None of these

154. The input tax credit as self-assessed in the return of a registered person shall be
credited to his electronic
a) Cash Ledger c) Liability register c) Credit Ledger d) Debit ledger
155. IGST credit shall first be utilised towards payment of
a) CGST b) SGST c) IGST d) UTGST

156. The balance of IGST credit after set off IGST can be used towards the payment of
a) CGST b) SGST c) IGST d) UTGST

157. The balance of CGST credit after set off of CGST can be used towards the payment of
a) SGST b) UTGST c) either SGST or UTGST d) IGST

158. SGST or UTGST shall not be utilised towards payment of

a) CGST b) IGST c) SGST d) UTGST

159. Tax and other dues of a registered person is recorded in

a) Electronic credit ledger b) Electronic Cash Ledger
c) Electronic Liability register d) None of these

160. The Electronic Liability Register of a person shall be credited by -

a) The amount payable towards tax b) The amount of penalty or any other amount payable
c) Any amount of interest that may accrue from time to time d) None of these

161. Balance of Input credit of SGST after output tax liability of SGST can be utilised to set off
a) CGST b) UTGST c) IGST d) None of these

162. Every person who fails to pay tax shall be liable to pay interest not exceeding
a) 10% b) 12% c) 18% d) 24%

163. A taxable person who makes an undue or excess claim of input tax credit shall be liable to
pay interest not exceeding
a) 10% b) 12% c) 18% d) 24%

164. TDS rate under GST is

a) 1% b) 2% c)3% d)5%

165. TDS provision applicable only when the total value of supply, under a contract, exceeds
a) Rs. 1,00,000 b) Rs. 1,50,000 c) Rs. 2,00,000 d) Rs. 2,50,000

166. TDS is not allowed in the case of

a) A department or State Government b) Local authority; or
c) Governmental agencies d) E-commerce operators

201. For the purpose of TDS, the value of supply shall be taken as the amount in the invoice
a) Excluding tax b) Including tax c) Before discount d) None of these

202. After making TDS if the deductor fails to furnish the certificate within five days of
crediting the amount so deducted to the Government, the deductor shall pay a late fee of
a) Rs.100 per day b) Rs.150 per day c) Rs.200 per day d) Rs.250 per day

203. Collection of Tax at Source is relevant in the case of

a) Government departments b) E-commerce operators c) Any GST dealers d) Contractors

204) TCS rate under GST is

a) 5% b) 2% c) 3% d) 1%

205) E-commerce operators should submit return of TCS

a) Monthly b) Every three months c) Every year d) Monthly and Annually

206. Refund of GST is not applicable in the case of

a) Imports b) Notified Multilateral Financial Institution
c) Embassy of foreign countries ii) Zero rated supplies;

207. A situation where the rate of tax on input is more than rate of tax on output is
a) Inverted duty structure b) excess input tax credit c) Compensation Cess d) Refund

208) GST paid for supplies exported from the country is

a) Refunded to the exporter b) Refunded only if exported from SEZ
c) Not refunded d) Refunded to the state from which export happens

209. GST registration is mandatory if the aggregate turnover in a financial year exceeds
a) Rs. 20 lakh b) Rs. 50 lakh c) Rs. 75 lakh d) Rs. 1 Crore

210. In specified category states GST registration is mandatory if the aggregate turnover in a
financial year exceeds
a) Rs. 1 Crore b) Rs. 10 lakh c) Rs. 20 Lakh d) Rs. 75 lakh

211. GST registration is not compulsory in the case of

a) Casual taxable persons making taxable supply;b) Persons under reverse charge;
c) Non-resident making taxable supply; d) Person dealing in exempt goods alone

212. GST registration is not compulsory in the case of

a) Input Service Distributor b) Electronic commerce operator
c) Dealer in Exempt goods d) Persons making any inter-state taxable supply

213. A person who is liable to be registered shall apply for registration within --- from the date
on which he becomes liable to registration
a) 10 b) 15 days b) 30 days c) 90 days

214. If a person liable to be registered has operation in more than one State, he should
a) Obtain registration in all states b) obtain registration in any one state
c) registration is optional d) Registration not mandatory
215. A casual taxable person or a non-resident taxable person shall apply for registration
at least --- prior to the commencement of business
a) 3 days b) 5 days c) 10 days d) 15days

216. Every person who makes a supply from the territorial waters of India
a) shall obtain registration in the coastal State/ union territory b) Any state in India
c) registration not required d) Registration is optional

217. Unique Identity Number’ is not relevant in the case of

a) United Nations Organisation b) Multilateral Financial Institution Consulate,
c) Embassy of foreign countries d) GST dealers

218. TAN refers to

a) Tax Deduction and Collection Account Number b) Tax acknowldegemet number
c) Tax accouting Number d) Tax Assessement Number

219. If the proper officer does not take any action within a period of three working days from the
date of submission of the application for GST registration -
a) Fresh application shall be submitted b) Implies Rejection of registration
c) Deemed registration d) implies registration not required.

220. GSTIN refers to

a) GST Information Number b) GST Information and Network
c) General sales tax identifcation number d) GST identification Number

221. GST number does not include

a) PAN b) State Code c) Aadhaar Number d) Alphabet Z

222. A person getting registered online

a) gets simultaneous registration under CGST Act and SGST Act or UTGST Act.
b) gets CGST registration only
c) gets SGSTregistration only
d) does not get complete registration under GST

223. The certificate of registration issued to a casual taxable person or a non-resident taxable
person shall be valid for a period of
a) 30 days b) 90 days c) 6 months d) one year

224. As a result of any surve or search if the proper officer finds that a person liable to
registration, he will be given
a) Deemed registration b) Suomoto registration
c) Cancelled registration d) suspected registration

225. Registration once granted

a) Can be amended b) Cannot be amended c) is temporory d) None of these

226. Which of the following is not a reason for cancellation of registration?

a) Business has been discontinued b) Business transferred fully
c) Taxable person is no longer liable to be registered d) Shifted the business place

227. Whcih of the following is not a reason for cancellation of registration by proper officer?
a) contravened the provisions of the Act or the rules b) Not furnished returns in time
c) has not paid tax in time d) Registration has been obtained by means of fraud

228. Cancellation of registration

a) cannot be revoked b) can be revoked
c) can be revoked by GST counil d) is not possible

229. Which among the following is not compulsory among he accounts and records maintained
by the GST dealers
a) Inward and outward supplies b) Stock of goods
c) Input tax credit availed d) Sundry Debtors

230. Every registered person should keep and maintain the prescribed books of accounts and
records a) At all the offices b) at principal place of business
c) wherever requested by the GST officers d) electronically

231. Maintaining books of accounts in electronic form is

a) compulsory b) optional
c) compulsory if turnover is more than 1 crore d) compulsory if turnover is more than 10 crore

232. When turnover during a financial year exceeds --- the accounts and other records must be
audited by a chartered accountant or a cost accountant
a) 1 crore b) 2 crore 3) 5 crore 4) 10 crore

233. Every registered person required to keep and maintain books of account or other records
a) for a period of 2 years b) for a period of 3 years
c) for a period of 5 years d) for a period of 6 years

234. Details of outward supply shall be furnished in

a) GSTR 3 b) GSTR 2 c) GSTR 1A d) GSTR1

235 GSTR-1 has to be mandatorily done by the

a) 30th of next month b) 20th of next month c) 15th of next month d) 10th of the next month.

237. GSTR-2A is autogenerated from

a) GSTR 3 b) GSTR 2 c) GSTR 2A d) GSTR1

238.gives the details of goods or services received by the recipients. It is auto populated
out of the GSTR -1 submitted by different suppliers
a) GSTR 3 b) GSTR 3B c) GSTR - 2A d) GSTR 9

239. GSTR-2 gives the details of

a) all inward supplies b) all outward supplies c) Composite tax d) TDS

240. GSTR - 2A is made available on the 11th of the next month for the
a) Recipients of supplies b) Suppliers c) GST officers d) Customers

241. GSTR-3 is auto-populated by 20th of the next month containing the details of
a) Outward supplies b) inward supplies
c) all outward as well as inward supplies d) None of these

242. GSTR-4A is generated quarterly for

a) GST dealers b) Customers
c) Composition scheme taxpayers d) Ecommerce operators

243. Returns to be filed by Non-Resident Taxpayer is

a) GSTR-3 b) GSTR-4 c) GSTR- 4A d) GSTR-5

245. GSTR-6A is meant for

a) GST dealers b) Composition scheme taxpayers
c) Ecommerce operators d) Input Service Distributor

246. GSTR-7 contains details of

a) TDS b) TCS c) Composition tax d) Outward supply

247. GSTR-8 shall contain the details of all the supplies made by the
a) Input service distributors b) E-Commerce seller c) GST dealers d) Composition dealers

248. GSTR-9 is also called

a) Annual Return b) Monthly return c) Quarterly return d) Half yearly return

249. GSTR-9A is the annual return for

a) Input service distributors b) E-Commerce seller c) GST dealers d) Composition tax payers.

250. GST dealers whose annual turnover exceeds Rs. 1 crore, should file a reconciliation
statement in-----within 31st December of the next fiscal year
a) GSTR 5 b) GSTR 6 c) GSTR 9A d) Form GSTR-9B

251. Form GSTR-9B is also called

a) Annual Return b) Monthly return c) Quarterly return d) Reconciliation statement

252. Final return in Form GSTR-10 is relevant in the case of

a) Input service distributors b) E-Commerce seller
c) GST dealers d) Cancellation of registration
253. Final return in Form GSTR-10 should be submitted
a) within one year of registration b) within 3 months of such cancellation of registration
c) within 3 months of outward supply d) within one month of renewal of registration

254. Government body or a United Nations Body, then a monthly Form GSTR-11 has to file
a) GSTR 11 b) GSTR8A c) GSTR 9A d) GSTR 5

255. A registered person under GST can file quarterly return if the turnover is
a) 2lakh or less b) 75 lakh or less c) One crore of less d) 1.5 crore or less

256. Adding or correcting the details of an outward supply in valid return so as to match the
details of corresponding inward supply is called
a) Rectification of return b) reversal of return c) reconciliation of return d) acceptance of
return

257. Assessment under section 59 is

a) Best judgement assessment b) Provisional assessment c) Self assessment d) Protective
assessment

258. voluntary estimation of tax obligations is called

a) Best judgement assessment b) Provisional assessment c) Self assessment d) Protective
assessment

259. The proper officer shall pass an order, allowing payment of tax at such rate or on such
value as may be specified by him. This is called
a) Best judgement assessment b) Provisional assessment c) Self assessment d) Protective
assessment

260. The proper officer may assess the tax liability on the basis of available information,
evidences which is called
a) Best judgement assessment b) Provisional assessment c) Self assessment d) Protective
assessment

261. Assessment under section Sec. 62 is called

a) Self assessment b) Provisional assessment c) Best judgement assessment d) Protective
assessment

262. Best judgement assessment is carried out

a) under section 59 b) under section 60 c) under section 62 d) under section 64

263. Summary Assessment under section 64 is also called

a) Self assessment b) Provisional assessment
c) Best judgement assessment d) Protective assessment

264. Protective assessment under section 64 is also called

a) Summary Assessment b) Self assessment c) Provisional assessment d) Best judgement
assessment

265. Electronic Way Bill is compulsory to move goods of worth

a) Rs. 10,000 or more b) 20,000 or more c) 50,000 or more d) 1,00,000 or more

266. Which among the following is not related to e-way bill

a) RFID b) IRN c) FORM GST INS-01 d) GSTR -9

267. validity of e-way bill is -

a) one day for each 100 k.ms b) two days for each 100 kms
c) one day for each 200 kms d) one day for each 500 kms

268. Where a vehicle has been intercepted and detained for a period exceeding thirty minutes,
the transporter may upload the said information on the common portal in
a) FORM GST INS - 0 4 b) FORM GST INS - 0 10
c) FORM GST INS - 0 9 d) FORM GST INS - 0 6

269. Input tax credit is not available in the case of supplie to

a) SEZ b) Exports c)UN agencies d) Composite dealers

270. Input credit available without being liable for output tax in the case of
a) Exempt goods b) Non taxable goods c) Zero rated goods d) Demerit goods

271. Compensation cess is levied on

a) Demerit goods b) Luxury goods c) Demerit goods and luxury goods d) Essential goods

272. Goods which are harmful but widely consumed are collective called
a) demerit goods b) merit goods c) inferior goods d) white goods

273. Sin tax refers to heavy tax on

a) Demerit goods b) White goods c) Food products d) Medicines

274. Tax on demerit goods is called

a) Double tax b) Luxury tax c) Sin tax d) Demerit tax

275. GST council meeting is convened

a) every week b) every month c) every 3 months d) any time as required

276. After introduction of GST export from India is subject to --

a) IGST b) CGST plus SGST c) Zero rated d) SGST plus CGST plus IGST