Taxation Abbreviations Quiz | Practice

What does GST stand for?

A General Sales Tax B Government Service Tax C Goods Service Trade D Goods and Services Tax

What does TDS stand for?

A Tax Deposit System B Total Deduction Source C Tax Deduction Service D Tax Deducted at Source

What does PAN stand for?

A Personal Account Number B Permanent Account Number C Public Account Number D Primary Account Number

What does TAN stand for?

A Tax Allocation Number B Tax Deduction and Collection Account Number C Tax Account Number D Tax Assessment Number

What does VAT stand for?

A Variable Added Tax B Value Added Tax C Value Adjustment Tax D Variable Adjustment Tax

What does CST stand for?

A Corporate Service Tax B Central Service Tax C Corporate Sales Tax D Central Sales Tax

What does IT return mean?

A Internal Tax Return B Individual Tax Return C International Tax Return D Income Tax Return

What does CBDT stand for?

A Central Board of Domestic Taxes B Central Bureau of Direct Taxes C Central Bureau of Domestic Taxes D Central Board of Direct Taxes

What does CBIC stand for?

A Central Board of Internal Taxes and Customs B Central Bureau of Internal Taxes and Customs C Central Board of Indirect Taxes and Customs D Central Bureau of Indirect Taxes and Customs

What does GSTIN stand for?

A Goods and Services Tax Identification Number B Goods Services Trade Identification Number C Government Services Tax Identification Number D General Sales Tax Identification Number

What does HSN stand for?

A High System Nomenclature B Harmonized System of Nomenclature C Harmonized Standard Number D Hierarchical System Number

What does SAC stand for?

A Service Assessment Code B Standard Accounting Code C Services Accounting Code D Service Allocation Code

What does IGST stand for?

A Integrated Government Services Tax B Integrated Goods and Services Tax C International Goods and Services Tax D Internal Goods and Services Tax

What does CGST stand for?

A Common Goods and Services Tax B Central Goods and Services Tax C Central Government Services Tax D Corporate Goods and Services Tax

What does SGST stand for?

A Standard Goods and Services Tax B State Government Service Tax C State General Services Tax D State Goods and Services Tax

What does UTGST stand for?

A United Territory Goods and Services Tax B Union Tax Goods and Services Tax C United Tax Goods and Services Tax D Union Territory Goods and Services Tax

What does ITR stand for?

A Income Transfer Record B International Tax Return C Internal Tax Record D Income Tax Return

What does AY stand for?

A Audit Year B Accounting Year C Assessment Year D Annual Year

What does FY stand for?

A Fiscal Year B Finance Yield C Financial Year D Funding Year

What does MAT stand for?

A Maximum Adjustment Tax B Minimum Alternate Tax C Maximum Alternate Tax D Minimum Adjustment Tax

What does AMT stand for?

A Alternate Maximum Tax B Alternate Minimum Tax C Average Maximum Tax D Average Minimum Tax

What does GSTN stand for?

A Government Services Tax Network B General Sales Tax Network C Goods and Services Tax Network D Goods Service Trade Network

What does EPCG stand for?

A Export Production Corporate Goods B Export Promotion Capital Goods C Export Promotion Corporate Goods D Export Production Capital Goods

What does LUT stand for?

A Legal Undertaking Tax B Letter of Undertaking C Letter of Understanding D Legal Understanding Tax

What does CENVAT stand for?

A Central Variable Added Tax B Central Verified Added Tax C Central Value Added Tax D Central Value Adjustment Tax

What does TCS stand for?

A Total Collection Source B Tax Collection Service C Tax Collected Service D Tax Collected at Source

What does GSTR stand for?

A General Sales Tax Return B Goods Service Trade Return C Government Services Tax Return D Goods and Services Tax Return

What does GST portal refer to?

A GST online filing portal B Goods tax portal C Government tax portal D General tax filing portal

What does ITAT stand for?

A Income Tax Appellate Tribunal B Internal Tax Appellate Tribunal C International Tax Appellate Tribunal D Income Tax Administrative Tribunal

What does CPC stand for?

A Central Processing Council B Central Payment Council C Central Payment Centre D Central Processing Centre