1. How many types of taxes will be in Indian GST?
Answer: Central GST (CGST), State GST (SGST) and IGST are three types of taxes.
2. Country has the maximum GST tax slab?
Answer: India (28%)
3. Around how many countries adopted GST?
Answer: 160
4. Which country is the first one to implement GST?
Answer: France
5. How many countries have dual – GST model?
Answer: Canada, India
6. Rate structures of Indian GST Model?
Answer: They are 5%, 12%, 18% and 28%
7. The tax IGST charged by _________Government?
Answer: Central
8. In India GST was first proposed in _________?
Answer: 2000
9. The headquarters of GST council is _________?
Answer: New Delhi
10. Who is the chairman of GST council?
Answer: Arun Jaitley
11. Who is the GST Finance Ministers Panel Chairman?
Answer: Amit Mishra
12. Which is the first state to ratify GST Bill?
Answer: Assam
13. First state that passed GST Bill?
Answer: Telangana
14. GST threshold limit of North Eastern States?
Answer: 10 Lakh
15. GST threshold limit of Normal States?
Answer: 20 Lakh
16. The Central Board of Excise and Customs (CBEC) announced that every year _________ will be considered as GST Day?
Answer: July 1
17. GSTN comes under which Act?
Answer: Companies Act, 2013
18. What does N stands for in HSN?
Answer: HSN - Harmonized System of Nomenclature
