In case of goods sent on sale on approval basis, invoice has to be issued:
A. while sending the goods; another Invoice has to be issued by the recipient while rejecting the goods;
B. while sending the goods but the recipient can take credit only when the goods are accepted by him;
C. when the recipient accepts the goods or six months from the date of supply whichever isearlier.
D. when the recipient accepts the goods or three months from the date of supply whichever is earlier.
Answer: Option C
A. Goods and Supply Tax
B. Government Sales Tax
C. Goods and Services Tax
D. General Sales Tax
In India GST became effective from
A. 1st April, 2017
B. 1st January, 2017
C. 1st July, 2017
D. 1st March, 2017
In India GST came effective from July 1st, 2017 India has chosen _______ model of dual – GST.
A. USA
B. UK
C. Canadian
D. China
E. Japan
GST is a _______ based tax on consumption of goods and services.
A. Duration
B. Destination
C. Dividend
D. Development
E. Destiny
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