Types of GST

Q. Identify the type of Goods and Services Tax imposed for intra state trade.

1. Central Goods and Services Tax
2. National Goods and Services Tax
3. Integrated Goods and Services Tax
4. State Goods and Services Tax

Q. Match the terms with their respective types of GST.

1. Same state
2. Different state
3. CGST and SGST
4. IGST
5. CGST and UTGST
6. Same union territory

Q. When goods and services are traded between two states, it is referred to as ______________.

1. inter state trade
2. intra state trade
3. central trade
4. national trade

Q. If an electronic store in Chennai sells a laptop to a person in Kochi, then identify the GST that will be imposed on this transaction.

1. Central Goods and Services Tax
2. State Goods and Services Tax
3. Integrated Goods and Services Tax
4. Interstate Goods and Services Tax

Q. Suppose you run a textile company in Chennai. You buy the raw materials worth ₹50, 000 from Salem. After processing, you export the final products worth ₹1, 00, 000 to Mumbai.

Select the Goods and Services Tax that is to be paid.

1. CGST on ₹50, 000
2. SGST on ₹50, 000
3. SGST on ₹1, 00, 000
4. IGST on ₹1, 00, 000