GST Quiz
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GST Quiz

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Questions and Answers

What is the primary purpose of GST?

  • To discourage international trade
  • To increase the tax burden on consumers
  • To simplify the tax structure and reduce tax evasion (correct)
  • To complicate the tax system
  • What does GST stand for?

  • Government Service Tariff
  • Global Sales Transaction
  • General Sales Tax
  • Goods and Service Tax (correct)
  • Who benefits from the implementation of GST?

  • Consumers, businesses, and the government (correct)
  • Only the government
  • Only businesses
  • Only consumers
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