Practice - Goods and Services Tax (GST)
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Practice Questions
Test your understanding with targeted questions
Define GST.
💡 Hint: Think about where this tax applies.
What does CGST stand for?
💡 Hint: Recall which level of government collects it.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What does GST stand for?
💡 Hint: Focus on what it taxes.
True or False: IGST applies to intra-state transactions.
💡 Hint: Recall the three components of GST.
1 more question available
Challenge Problems
Push your limits with advanced challenges
A company sells a product for ₹100,000 and charges 18% GST. If they have paid ₹12,000 in Input GST this year, what does the total GST due to the government?
💡 Hint: Calculate output first, then subtract Input GST.
Discuss how a change in GST rate from 18% to 12% affects Net GST and the pricing strategy for a business.
💡 Hint: Think about customer impact as well!
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