Posts

FORMULA

Image
CLASS - X Goods And Services Tax (GST) • GST is a comprehensive indirect tax for the whole nation. It is a value added tax. • Types of GST in India   i) Central Goods and Services Tax (CGST) : For any intra-state supply (supply within the state) half  of the GST collected as the output GST is deposited with the Central Government as CGST.  ii) State GST (SGST)   Union Territory GST (UGST/UTGST): For any local supply (Supply within the same state or Union Territory) half of the output GST is deposited with the respective state or UT Government as the beneficiary. This is known as SGST/UGST.  iii) Integrated GST (IGST):    The GST levied on the   supply of goods of services in case of interstate trade within India or in case of exports/imports is known as IGST. The entire tax collected under IGST is paid to the account of the Central Government. However, as per the law, the Central Government distributed the IGST between the respective State Gover...
Post a Comment
Read more

SQP-10

Image
TEST PAPER - 2 Section - A (40 Marks) (Attempt all questions) Question 1:   Choose the correct answers to the question from the given options: (15) i) A dealer in Mumbai sold a washing machine to a consumer in Mumbai for Rs18000.  If the rate of GST is 18%, then SGST is  a) Rs1620  b) Rs3240 c) nil  d) none  ii) Roots of the equation 3x² - 2√6x + 2=0 are: a) ±√(2/3) b) √(2/3), √(2/3)  c) - √(2/3) , -√(2/3) d) -√(2/3) , - √(3/2)  iii) if (x - 2) is a factor of x² - 7x + 2m, then the value of m is  a) 5 b) 6 c) 4 d) 3 iv) The transpose of the matrix   1    5    4  -2    1    6  is a) 1  -2 b) -2  1  6 c) 1  -2 d) 4  5  1       5   1      1  5  4      5   1     6  1  -2     -2   6               ...
Post a Comment
Read more