Taxation Officer
Taxation Officer Interview Questions and Answers
Updated 2 May 2021
Q1. What is GST?
Ans.
GST stands for Goods and Services Tax, a value-added tax levied on the supply of goods and services.
GST is a comprehensive indirect tax that has replaced many indirect taxes in India.
It is a destination-based tax, which means it is levied at the point of consumption.
GST has three components - CGST, SGST, and IGST.
It has simplified the tax structure and reduced the tax burden on businesses.
Example: A restaurant owner used to pay VAT on food items and service tax on the bill am...read more
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