Chapter 35: Goods and Service Tax(GST)

 

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#1. Job Cost is the form of ______ order costing.

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#2. TNGST Stands for ______________

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#3. ________ means collection of tax at source by the seller from the buyer of the goods.

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#4. ________________ is a mode of collecting Income Tax.

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#5. _________ is an indirect tax that covers purchase or sales between two states and imports or exports.

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#6. ____________ is an option given to certain dealers to pay reduced tax.

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#7. Process of calculation and disbursement of salary to staff of an establishment is known as _________ Process.

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#8. __________ is a consumption tax which is levied at each stage of transfer of goods based on product at that stage.

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#9. ____________ is an indirect tax levied on certain services in India.

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#10. ________________ is an indirect tax levied on goods manufactured in or imported into india for home consumption.

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#11. Assessable value is calculated on two methods _____________ and ____________

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#12. ____________ refers to tax on the basis of measurement.

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#13. _____________ refers to the value of time of removal of goods from the palace of manufacturing.

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#14. CENVAT means ______________

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#15. __________ is a consumption tax which is levied at each stage of transfer of goods based on the value added to the product at that stage.

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#16. VAT means ______________

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#17. Certain Goods like agricultural Products, milk , fresh vegetables are _____________ Rate of Tax.

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#18. Gold, Silver ornaments are ___________ Rate of Tax.

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#19. Declared Goods, Certain Raw Materials are ____________ Rate of Tax.

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#20. All Other Items are _________ Rate of Tax.

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#21. Goods attracting Special Additional Tax are _________ Rate of Tax.

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#22. Petroleum products, Lottery are ________ Rate of Tax.

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#23. TIN means ________________

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#24. TIN is an ____________ digit number.

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#25. VAT can be enable in ____________ Features.

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#26. _________ VAT can be used for purchase ledger.

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#27. ____________ VAT can be used for Sales Ledger.

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#28. Input and Output VAT are comes under ____________ Groups.

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#29. ________________ Department of Tamilnadu has arranged VAT commodities into four schedules.

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#30. __________ is a Common name used for a particular type of Stock items.

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#31. The Shortcut key for Debit Note is _________

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#32. The Shortcut key for Credit Note is ____________

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#33. _____________ will be added or subtracted from the assessable value automatically.

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#34. Purchase Return can be returned using ___________

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#35. Sales Return can be returned using ___________

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#36. VAT Reports can be viewed in ____________ Reports.

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#37. FBT Means ______________

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#38. The VAT rate of petroleum is _____________

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#39. Company Restore option is available in _____________

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#40. For Budget Variance Press ____________

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#41. What is the utility of Tally vault Password?

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#42. We can show Bill wise details of Debtors and Creditors by activating _____________

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#43. Multiple godowns are activated from _________

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#44. How many types of interest Calculation _________

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#45. The Shortcut key to activate Statutory taxation feature is _________

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#46. ____________ is the shortcut key for receipt note.

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#47. Currency means _______________

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#48. The Three Vouchers used in Scenario Management are ________, ____________ and _______________

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#49. The type of customers in price list option are __________, _____________ and __________

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#50. TCS Stands for _______________

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