GST Multiple Choice Questions(MCQs) and Answers

1 The headquarters of GST council is located at _______.

A New Delhi

B Lucknow

C Ahmadabad

D Mumbai

E Hyderabad

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Answer: Option [A]

2 Which state became the first state of India to ratify GST bill?

A Bihar

B Telangana

C Assam

D Andhra Pradesh

E Arunachal Pradesh

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Answer: Option [C]

Assam became the first state in the country to ratify the constitution amendment bill on the Goods and Services Tax (GST) as the assembly unanimously passed the bill.

3 GST was introduced as the _____ amendment Act.

A 100

B 101

C 102

D 103

D 104

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Answer: Option [B]

4 A special purpose vehicle _______ has been launched to cater the needs of GST.

A GSTS

B GSTR

C GSTM

D GSTN

E GSTC

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Answer: Option [D]

GSTN - Goods and Services Tax Network.

5 GST threshold limit barring North East (NE) and hilly states is ______ lakh.

A 10

B 15

C 20

D 25

E 30

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Answer: Option [A]

6 Who is the chairman of GST council?

A RBI Governor

B Prime Minister

C Finance secretary

D President of India

E Finance Minister

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Answer: Option [E]

Finance Minister Arun Jaitley is the current chairman of GST council.

7 GST is a ___ based tax on consumption of goods and services.

A Origin

B Destiny

C Development

D Destination

E Dividend

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Answer: Option [D]

Destination based tax or consumption tax are levied where goods and services are consumed. In destination-based taxation, exports are allowed with zero taxes whereas imports are taxed on par with the domestic production.

8 In which year GST was first proposed in India?

A 2000

B 2002

C 2004

D 2006

E None of the above

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