Quiz on GST

Master Your GST Knowledge

Welcome to the ultimate quiz on Goods and Services Tax (GST)! This quiz is designed to test your understanding of GST concepts, regulations, and practical applications within the industry. Whether you're a novice or an expert, you'll find questions aimed at various knowledge levels.

In this quiz, you will:

Explore 20 challenging questions
Learn about GST rates, compliance, and invoicing
Enhance your understanding of tax implications in the supply chain

20 Questions5 MinutesCreated by LearningLeaf427

What is the full form of "GST"?

Gains and Services Tax

Goods and Sales Tax

Goods and Services Tax

Will tax be charged on RM/PM & SFG supplies made to Blow Moulders and Filling Units within the state?

Yes

Will tax be charged on the supplies made to Marico Depots within the state?

Yes

Will tax be charged on the supplies made to Marico Depots Outside the state?

Yes

What is the model of GST?

1. IGST - Inter State 2. CGST & SGST - Intra State

GST - Inter & Intra State

What GST rate will our Blow moulders and Filling units charge on the bill raised for conversion charges?

5% IGST

5% (2.5% CGST & 2.5% SGST)

18% IGST

18% (9% CGST & 9% SGST)

Will Blow moulders and Filling units be required to issue a Tax Invoice for claiming reimbursements from Marico?

Yes

What GST rate will apply when supplying FG (Saffola) from Jalgaon factory or Nath to a depot outside the state?

5% IGST

5% (2.5% CGST & 2.5% SGST)

18% IGST

18% ( (9% CGST & 9% SGST)

What GST rate will apply when supplying FG (Parachute Advanced) from Paldhi factory to a depot outside the state?

18% IGST

18% (9% CGST & 9% SGST)

28% IGST

28% ( (14% CGST & 14% SGST)

What GST rate will apply when supplying FG (Livon Hair Gain) from Paldhi factory to a depot outside the state?

18% IGST

18% (9% CGST & 9% SGST)

28% IGST

28% (14% CGST & 14% SGST)

What GST rate will apply on repair and maintenance services from a service provider within the state?

5% IGST

5% (2.5% CGST & 2.5% SGST)

18% IGST

18% (9% CGST & 9% SGST)

Will our manpower suppliers charge 18% (9% CGST & 9% SGST) on the bills raised from July'17?

Yes

Does Marico have to pay tax on purchase of goods/ provision of services from an unregistered supplier?

Yes

Will the current road permits continue till E-Way bill is introduced?

Yes

Will our vendor be required to issue a debit/credit note for excess/short quantity delivered?

Yes

Will tax be charged on transfer of assets to other plants outside the state?

Yes

In how many days of the date of Invoice do we need to pay our vendors as per GST?

90 days

120 days

150 days

180 days

Which document will all RGP/ NRGP (Both within and outside state) will be accompanied with ?

Always Tax Invoice

Always Delivery Challan

Delivery Challan - Within State and no document for outside the state

Tax Invoice - Outside State and no document for within the state

Which document will be used for Transit trials to depots outside the state?

Delivery Challan

Tax Invoice

No document

Quiz on GST

Master Your GST Knowledge

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