Applied Maths - GST (Goods and Services Tax)

Grade 12 Maths — Applied Maths - GST (Goods and Services Tax): 25 practice questions with instant scoring and explanations.

1. GST is a value-added tax applied at the rate of:
2. GST = (GST rate/100) × Price before GST. If price is Rs. 100 and GST is 18%, GST amount is:
3. Price including GST = Price before GST + GST amount. Final price is:
4. If final price including 18% GST is Rs. 1180, price before GST is:
5. For two goods with different GST rates, total GST is calculated:
6. Item A (5% GST) costs Rs. 500 and Item B (18% GST) costs Rs. 1000. Total GST is:
7. GST on services with 18% rate on Rs. 2000 bill is:
8. Bill = (Amount × (100 + GST rate))/100. For Rs. 5000 with 12% GST:
9. Reverse calculation: Amount = (Bill × 100)/(100 + GST rate). For bill Rs. 236 with 18% GST, amount is:
10. SGST (State GST) and CGST (Central GST) together make the total GST. For 18%, split is:
11. IGST (Integrated GST) applies for:
12. Input tax credit (ITC) means:
13. If Business buys goods for Rs. 1000 at 18% GST and sells for Rs. 1500 at 18%, net GST payable is:
14. Calculation: GST on purchase = 18% of Rs. 1000 = Rs. 180. GST on sale = 18% of Rs. 1500 = Rs. 270. Net = :
15. GST exempted items include:
16. Zero-rated supplies for GST means:
17. Composition scheme in GST applies to:
18. Under composition scheme, GST liability is:
19. E-commerce operators must collect GST from:
20. GST filing includes:
21. Place of supply for services is determined by:
22. Supply of goods means:
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