ICICI Direct Credit Officer Interview Questions and Answers

GST stands for Goods and Services Tax, a value-added tax levied on most goods and services sold for domestic consumption.

• GST is a comprehensive indirect tax levied on the supply of goods and services.

• It is a destination-based tax, meaning it is levied at the point of consumption.

• GST has replaced multiple indirect taxes like VAT, service tax, excise duty, etc.

• It aims to simplify the tax structure, eliminate cascading ef...read more

Permanent Account Number

• PAN is a unique 10-character alphanumeric code assigned to individuals and companies in India

• It is used for financial transactions and tax purposes

• Example: ABCDE1234F