Duration:- 1 hrs
Q.1 1. 2. 3. 4. 5.
Code:
True or False
(05)
The fundamental objective of taxation is to finance government expenditure In direct tax, the person paying and bearing tax is different An indirect tax is levied on goods or services Direct tax can be passed on to a different person or entity. GST is value added tax levy on sale or services or both
Q.2 Answer in one sentence 1. 2. 3. 4. 5.
Max Marks: 20
(05)
What is dual GST? What is Goods? What is SGST? What is IGST? What is Indirect tax?
Q.3 Attempt Any TWO
(10)
1. Explain meaning and objective of taxation 2. Explain difference between direct tax and indirect tax 3. What are the advantages and disadvantages of direct tax
Duration:- 1 hrs
Q.1 1. 2. 3. 4. 5.
Code:
True or False
(05)
The fundamental objective of taxation is to finance government expenditure In direct tax, the person paying and bearing tax is different An indirect tax is levied on goods or services Direct tax can be passed on to a different person or entity. GST is value added tax levy on sale or services or both
Q.2 Answer in one sentence 1. 2. 3. 4. 5.
Max Marks: 20
(05)
What is dual GST? What is Goods? What is SGST? What is IGST? What is Indirect tax?
Q.3 Attempt Any TWO 4. Explain meaning and objective of taxation 5. Explain difference between direct tax and indirect tax 6. What are the advantages and disadvantages of direct tax
(10)
Duration:- 1 hrs
Q.1 1. 2. 3. 4. 5.
Code:
True or False
(05)
GST where burden is not borne by final consumer GST is levied on petrol GST is value added tax levy on sale or services or both In direct tax, the person paying and bearing tax is different CGST levied and collected by central government
Q.2 Answer in one sentence 1. 2. 3. 4. 5.
Max Marks: 20
(05)
What is tax? What is direct tax? What is CGST? What is IGST? What is taxable person?
Q.3 Attempt Any TWO
(10)
1. What are the advantages and disadvantages of Indirect tax 2. Explain Dual GST model in India 3. Explain difference between direct tax and indirect tax
Duration:- 1 hrs
Q.1
Code:
True or False
Max Marks: 20
(05)
6. GST where burden is not borne by final consumer 7. GST is levied on petrol 8. GST is value added tax levy on sale or services or both 9. In direct tax, the person paying and bearing tax is different 10. CGST levied and collected by central government Q.2 Answer in one sentence
(05)
6. What is tax? 7. What is direct tax? 8. What is CGST? 9. What is IGST? 10. What is taxable person?
Q.3 Attempt Any TWO 4. What are the advantages and disadvantages of Indirect tax 5. Explain Dual GST model in India 6. Explain difference between direct tax and indirect tax
(10)