Class 10 Goods and Services Tax (GST) Mock Test (ICSE)

Topics in Goods and Services Tax (GST)

• Basic concepts of GST
• CGST, SGST and IGST
• Input tax credit
• Computation of tax payable in a supply chain

Goods and Services Tax (GST) practice questions with answers

1. Q1Multiple choice·1 mark
   A dealer in Delhi sells an article to a consumer in Chandigarh at the printed price of ₹ $5000$. If the rate of GST is $18\%$, find the amount of IGST charged.

   1. (a)₹ $900$
   2. (b)₹ $180$
   3. (c)₹ $360$
   4. (d)₹ $450$
   Show answer and step marks

   1. Correct option: (a) ₹ $900$+1

   Answer: (a)
2. Q2Multiple choice·1 mark
   If a manufacturer sells an article to a wholesaler for ₹ $10000$ and the wholesaler sells it to a retailer at a profit of ₹ $2000$, with a GST rate of $18\%$, the net GST payable by the wholesaler is:

   1. (a)₹ $1800$
   2. (b)₹ $360$
   3. (c)₹ $2160$
   4. (d)₹ $180$
   Show answer and step marks

   1. Correct option: (b) ₹ $360$+1

   Answer: (b)
3. Q3Multiple choice·1 mark
   Which of the following best describes Goods and Services Tax (GST)?

   1. (a)A tax on the manufacture of goods only, collected at the factory gate
   2. (b)A destination-based tax on the supply of goods and services
   3. (c)A tax on the sale of goods only by retail shops
   4. (d)A tax on the income earned by a registered business
   Show answer and step marks

   1. Correct option: (b) A destination-based tax on the supply of goods and services+1

   Answer: (b)
4. Q4Multiple choice·1 mark
   A dealer supplies goods to a buyer who lives in the same State as the dealer. Which taxes are levied on this supply?

   1. (a)CGST and SGST only
   2. (b)IGST only
   3. (c)CGST and IGST only
   4. (d)SGST only
   Show answer and step marks

   1. Correct option: (a) CGST and SGST only+1

   Answer: (a)
5. Q5Multiple choice·1 mark
   An article is bought by a wholesaler for ₹ $2000$ (excluding tax) and sold to a retailer at a profit of ₹ $500$. If the rate of GST is $12\%$, the Input Tax Credit (ITC) available to the wholesaler is:

   1. (a)₹ $60$
   2. (b)₹ $0$
   3. (c)₹ $240$
   4. (d)₹ $300$
   Show answer and step marks

   1. Correct option: (c) ₹ $240$+1

   Answer: (c)
6. Q6Short answer·2 marks
   A café inside a city zoo is registered under GST and sells packaged meals to visitors within the same State. In a particular month, the café buys food supplies from a registered wholesaler in the same State for a taxable value of ₹ $45000$, with GST charged at $18\%$. In the same month, the café sells meals for a taxable value of ₹ $62000$, with GST charged at $18\%$. Calculate the net GST the café must pay in cash to the government for the month.
   Show answer and step marks

   1. Output tax on meals sold $= 18\% \times 62000 = ₹ 11160$+1
   2. Input tax credit on food supplies $= 18\% \times 45000 = ₹ 8100$, and net GST payable $= 11160 - 8100 = ₹ 3060$+1

   Answer: ₹ 3060

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