Under GST, 'value addition' refers to
A) Expenses 'plus' profit
B) Cost plus tax
C) Cost plus tax plus'profit
D) Tax plus profit
Correct Answer:
Verified
Q7: GST was introduced in India with effect
Q8: GST was introduced in Jammu and Kashmir
Q9: Constitution Amendment Act, 2016 for GST was
A)80th
B)101st
C)122nd
D)None
Q10: As a result of constitution amendment for
Q11: The incidence of tax on tax is
Q13: UTGST is applicable when
A)Sold from Union territory
B)Goods
Q14: Integrated Goods and Services Tax is applicable
Q15: SGST is applicable when
A)Goods are sold within
Q16: The tax which was not merged into
Q17: Condition is a stipulation which is
A)Essential to
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