Gst can be collected by mcq
WebCan opt for composition Cannot collect GST Can collect composite tax Cannot opt composition II 34 Supply of two or more taxable supplies naturally bundled and supplied is called _____ Mixed supply Composite supply Common supply Continuous supply … WebApr 6, 2024 · The data collected from this method is often used to build a theoretical foundation or to provide background information. Database: A database is a collection of data organized in a specific way. Data can be collected from databases maintained by government agencies, private organizations, or individuals.
Gst can be collected by mcq
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WebJan 19, 2024 · Apart from this, you can also download GST MCQ PDF below completely free. GST MCQ Questions. 1) What is the full form of GST? A. Goods & Sales Tax; B. Goods & Services Tax; C. Goods & … WebGST was introduced in India with effect from. The chair of GST Council. Introduction of GST affects the revenue of. A person is liable to registered under GST law where aggregate sale of good exceeds----- after 1.4.2024. in general category. GST is applicable on------- of …
WebMCQs - Legal History - mcq for practice manual for llb online exam for the year 2024-2024 ... GST Rahul 1 - Project Work; My Vision For India In 2047; ... The Act has expanded the scope of the information which can be collected by the government from the convicts, arrested persons and other persons by using the modern state of art technology ... WebJan 27, 2024 · Government Budget and the Economy Class 12 MCQs Questions with Answers. Question 1. An annual statement of the estimated receipts and expenditure of the government over the fiscal year is known as. (A) Budget. (B) Income estimates. (C) Account. (D) Expenditure. Answer. Question 2.
WebJul 29, 2016 · Car batteries likely to get cheaper. Paint, cement prices likely to fall. Movie ticket prices likely to fall as entertainment tax will come down. Electronics items like fans, lighting, water heaters, air coolers, etc. will get cheaper. Effective date of GST will be 1st July 2024 once the bill is passed in Rajyasabha. WebThe Goods and Services Tax (GST) is a circuitous government deals charge that is applied to the expense of specific labor and products. The business adds the GST to the cost of the item, and a client who purchases the item addresses the business cost comprehensive of the GST. The GST segment is gathered by the business or dealer and sent to the ...
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WebApr 14, 2024 · Enhanced credibility / credit worthiness that only a law abiding company can command. Question 3. Critically examine and comment of the following: Corporate compliance management can add substantial business value only if compliance is done with due diligence. (June 2013, 4 marks) Answer: sly stewart todayWebReverse Charge Mechanism under GST is a mechanism under which the usual cycle of tax payment is reversed. In the normal system, the recipient of goods will pay the value of the goods & relevant taxes on it to the supplier who then pays the GST to the Government. … solar vs hard wired landscaping lightsWebApr 22, 2024 · GST is going to be collected at point of Sale. (b) GST will abolish all the direct tax levied in India. (c) It will be implemented from 1 July, 2024 throughout the country. (d) It will unified the ... solar wagnerWebEach MCQ under Question No. 1 & 2 carries 2 Marks each . William & Sons (WS) is a partnership firm, registered under GST, engaged in manufacturing activity in the State of Rajasthan under GST and files return on a monthly basis. In the month of July, following transactions were undertaken by WS: (a) Intra-State sale of goods worth ` 10,00,000. solar vs traditional investmentsWebMar 8, 2024 · Goods and Service (GST) came into effect from 1 July 2024 through the implementation of the One Hundred and First Amendment of the Constitution. Additional Information Goods and Services Tax (GST) is an indirect tax (or consumption tax) used … solar vs electricityWebMay 22, 2024 · Multi Choice Questions (MCQ’s) on GST for CA/CMA/CS. Q1. M/s Utkal Auto, Bhubaneswar registered under GST in Odisha is authorised dealer of Hero motors. It has a policy to gift a Hero motorcycle to its employee at the end of the financial year in … sly stone african jungleWebGST is based on the principle of value added tax. GST law emphasizes on voluntary compliance and on accounts based reporting and monitoring system. It is a comprehensive levy and envisages tax collection on both goods and services at the same rate. Internationally, GST was first introduced in France and now more than 160 countries … sly stone abandoned home