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Master the Basics of GST Law

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Questions and Answers

Which type of tax collected under the GST law is completely shared by the Central Government?

CGST

GST

IGST (correct)

SGST

What are the two types of E ledgers under the GST regime?

Electronic cash Ledger and Electronic Liability

Electronic credit ledger and Electronic Liability

Electronic cash Ledger and Electronic credit ledger (correct)

Electronic cash Ledger and Electronic credit ledger and Electronic Liability

Which government receives the tax collected under the SGST?

Union territory

Both central and state government

Central government

State government (correct)

What does TDS stand for in the context of taxes?

<p>Tax Deduction at Source</p> Signup and view all the answers

What is the purpose of taxes?

<p>To support governmental activities</p> Signup and view all the answers

Master the Basics of GST Law

Choose a study mode

Podcast

Questions and Answers

Which type of tax collected under the GST law is completely shared by the Central Government?

What are the two types of E ledgers under the GST regime?

Which government receives the tax collected under the SGST?

What does TDS stand for in the context of taxes?

What is the purpose of taxes?

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