Find below the list of 100+ GST Questions and Answers. Top questionnaire for interview and other general purpose. This answers will be helpful for you if you are answering any exams for GST. Similarly, these answers are very helpful even for the taxpayers. Thus, after reading these answers you will be very much expert on GST. Here is the set of questions and answers.
Frequently Asked Questions
The GST rate on a
Each Indian state has got a
There are many instances when the GST council has changed the GST Rates. You can view meeting wise decisions where GST rates revised.
The full form of GST in Hindi is “सामान और सेवा कर”. जीएसटी एक व्यापक अप्रत्यक्ष कर प्रभार है, जो कि राष्ट्रीय स्तर पर वस्तुओं के निर्माण, बिक्री और उपभोग पर आधारित है।
India mein GST 01 जुलाई 2017 mein lagu hua tha.
The place of supply is the place where the goods are delivered by the supplier to the recipient. However, if there is no movement of goods and the place of supply will be the location of such goods at the time of delivery. You may refer Q.4 salient features of GST law for more details.
The GST in India has abolished multiple types of taxes on Goods and Services. Read more advantages and disadvantages here.
Goods like Coconuts, fresh or dried, whether or not shelled or peeled are exempt from GST. There are many other goods and services exempted from Tax.
The GST due date of extension for GSTR 9 Return is 30.11.2019 for FY 2017-18. You may read more details at https://gstindianews.info/gst-return-dates/
In 28th GST Council meeting various GST rates have been reduced from 28% to 18%, 28% to 12% and 12% to 5%. Read more decisions at https://gstindianews.info/gst-rates-revision-update/
The 33rd GST council meeting recommended lowering the GST rate @1% for affordable houses and 5% for non
According to a few experts and economist GST in India will impact the real estate business in the country. Buying a new house may get costlier. Read more at https://gstindianews.info/how-gst-impact-you-learn-in-10-easy-points/
The “Deemed Exports” refers to supplies of goods manufactured in India which are notified as deemed exports under Section 147 of the CGST/SGST Act, 2017. Here, the supplies do not leave out of India.
The 33rd GST Council Meeting held on 20th February 2019. Here are the decisions list https://gstindianews.info/gst-real-estate-flat-affordable-rule/
Mr. Amitabh Bachchan is the brand ambassador of the GST in India for 2019.
Section 17 5 of GST describes the list of the ineligible input tax credit on
The decisions of the 31st GST council meeting includes revision of Rates of Goods From 28% to 18%, 18% to 5%, etc. and exemption from a few items. Read more at https://gstindianews.info/gst-rates-goods-31-gst-council-meeting/
Visit www.gst.gov.in portal > Click on search taxpayer tab > Search by PAN. Enter PAN no and you will get the result.
The GST on advance payment received is not applicable to the supply of Goods.
The full form of VAT is value-added Tax. Generally, VAT is levied or charged by the State government on the supply of goods.
Whereas, GST is a Goods and Service Tax, which is charged on the supply of goods and services supplied. The GST is collected by the Central Government and then it is shared with the State Government.
The GST Reverse charge list is very big. Hence, you can see the complete list at https://gstindianews.info/reverse-charge-mechanism-in-gst-meaning/
You can download the GST audit report format by visiting the link at https://tutorial.gst.gov.in/offlineutilities/returns/GSTR_9C_Offline_Utility.zip.
You can find the complete list of SAC code for GST at https://gstindianews.info/hsn-code-list-for-services-sac/
You can find the complete list of the decisions of 32 GST council meeting at https://gstindianews.info/32nd-gst-council-meeting-decision/
Section 51 of GST deals with Tax deduction at source. Click here to read section 51 https://gstindianews.info/cgst-section-51-tax-deduction-at-source/
It is very easy to download emsigner for GST website. You can visit https://gstindianews.info/emsigner-free-download-for-gst/ to see step by step guide for downloading emsigner.
The Input tax credit on capital goods under GST means the taxpayer can avail input tax credit on plant and machinery purchased for business purpose.
You can find the list of conditions at https://gstindianews.info/input-tax-credit-gst/
The union finance minister Smt. Nirmala Sitharaman is the chairman of GST council as on 033.09.2019.
No. This is fake news circulated on Social media. There is no such rule under GST.
The GST state code 27 is assigned to Maharashtra.
You can find here the full step by step guide to resolve DSC error at https://gstindianews.info/failed-to-establish-connection-to-the-server-kindly-restart-the-emsigner/
France was the first country to implement VAT in 1954. Currently, there are more then 160 countries have implemented GST/VAT in some or other form.
The blocked credit under GST is where taxpayers are not allowed to take an input tax credit on certain type of services or goods. Find complete list at https://gstindianews.info/input-tax-credit-gst/#ineligible
The full form of ITC in GST is “Input Tax credit “.
There is no movie as such on GST. However, there are many videos of GST in India. You can view them at https://gstindianews.info/gst-videos/
You can change Bank account details by filing a non-core amendment application in GST portal.
The HSN code for T-shirts, Singlets and other vests, knitted or crocheted are as follows:
6109 10 00 – Cotton made
6109 90 00 – Of other textile materials
6109 90 10 – Of synthetic fibres
6109 90 20 – Of artificial fibres
6109 90 30 – Of silk
6109 90 40 – Of wool or fine animal hair
You can visit www.gst.gov.in to check the status of site.
1. Visit www.gst.gov.in
2. Click on Services > View my submitted LUTs
3. Select the date range of application made
4. Once the form is displayed, you can click on the DOWNLOAD button to download the LUT.
Yes, you can refer these questions for GST Quiz and answers.
Since GST is one nation one tax, the common man benefits in many ways as compared to the previous tax system. For eg. GST registration is completely online and thus it is free. Therefore, even a common can afford to take GST registration and start the business.
On another hand, the prices of many items have come down due to a single tax system.
How to know your jurisdiction under GST?
- Visit https://cbic-gst.gov.in/
- Click Services
- Click on “Know your jurisdiction”
- Select your state from the list.
- Choose the Division
- Select your range office
- you will see all localities falling under that range for your business.
You may find more details at https://gstindianews.info/gst-state-code-list-india-download-excel-pdf/
Read most searched GST questions on GST India News site. This gst questionnaire is prepared for interview purpose and other exam related questions answers. Keep visiting GST India News homepage for latest GST News and updates.
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