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GST & Tax — Set 3

Economics · GST और कर · Questions 2130 of 60

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1

In the GST regime, what does the 'Input Tax Credit' (ITC) allow a taxpayer to do?

2

What is the official date of GST implementation in India?

3

Which of the following taxes is levied and collected by the Union but assigned to the States under Article 269?

4

The 'Equalisation Levy' in India is popularly known as which tax?

5

Which of the following is an example of an 'Ad Valorem' tax?

6

The 'GSTN' portal for filing returns is managed as what kind of entity?

7

What is 'Tax Buoyancy'?

8

Which body replaced the National Anti-profiteering Authority (NAA) after its tenure ended?

9

The 'Tobin Tax' is a tax suggested on which type of transactions?

10

Which of the following is considered a 'Direct Tax' because its impact and incidence are on the same entity?