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Questions and Answers
Which type of tax collected under the GST law is completely shared by the Central Government?
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?
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?
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?
What does TDS stand for in the context of taxes?
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What is the purpose of taxes?
What is the purpose of taxes?
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