Tag: journal

GST widens the _______ base which accordingly increases the _______ for government.

For the purpose of accounting, GST is broadly categorised as _________ and __________.

Under GST, output GST(collected) is set-off against input GST(paid).

For accounting purposes, GST paid is termed as _________.

Input CGST cannot be set-off against output __________.

Input IGST has to be first set-off against output ___________.

If supplier of goods located in Mumbai sells goods to buyer located in Pune then, _________ will be levied.

Input SGST can be set-off first against output ___________.

For setting off the credit of the GST paid against the GST collected, no proper order of set off is to be followed.

For accounting purposes when GST is collected, it is termed as ___________.