GST - Multiple Choice Questions and Answers for Competitive Exams


GST is a ___ based tax on consumption of goods and services.

A Origin
B Destiny
C Development
D Destination
E Dividend
Answer & Explanation
Option: [D]

Destination based tax or consumption tax are levied where goods and services are consumed. In destination-based taxation, exports are allowed with zero taxes whereas imports are taxed on par with the domestic production.

current affairs 2021 pdf plan

Current Affairs MCQs

State-wise Current Affairs

General Knowledge

Month-wise Current Affairs 2021

Category-wise Current Affairs

Jobs by Qualification

Free Mock Test