Indirect Taxation Online MCQ Practice Set

Online MCQ Question

A bill of supply is issued in the case of

• A. Taxable goods
• B. Reverse charge
• C. Exempt goods
• D. Composite supply

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Question: Collection of Tax at source is relevant in the case of

Question: TCS rate under GST is

Question: E-Commerce operators should submit return of TCS

Question: GST Council meeting is convened

Question: Validity of E-Way bill is

Question: Which among the following is not related to EWay bill

Question: Electronic way bill is compulsory to move goods of worth

Question: Protective assessment under Sec 64 is also called

Question: Summary assessment under Sec 64 is also called

Question: Assessment under Sec 62 is called

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Online MCQ Question

A credit note is issued by___and it is a document accepted for GST purposes

• A. Supplier, for reducing the tax/ taxable value
• B. Recipient, for reducing the tax/ taxable value
• C. Supplier, for increasing the tax/ taxable value
• D. Recipient, for increasing the tax/ taxable value

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Question: What happens if a taxable person has paid CGST & SGST or, as the case may be, CGST & UTGST (in SGST / UTGST Act) on a transaction considered by him to be an intra-state supply but which is subsequently held to be an inter-state supply

Question: Mr. X of Delhi is participating in Hitex Furniture Expo in Haryana where he has no fixed place of business and exhibiting his products. During the expo, the said products will be sold to the people attending and intending to purchase such products. In such scenario, Mr. X shall obtain which of the following registration under the CGST Act, 2017

Question: The definition of goods under section 2(52) of the CGST Act does not include

Question: If Mr. A, having his registered office at Andhra Pradesh, and his operating office at Telangana which is also registered, but providing advisory services to his client who is placed at Karnataka. What would be the location of supplier of services in this case

Question: Officers under which Act shall be deemed to be the officers appointed under the provisions of CGST Act

Question: What provisions of CGST have been made applicable to IGST

Question: What would the TDS and TCS rates be under IGST

Question: Is IGST payable on services imported after the appointed day, though service tax has actually been paid under service tax regime

Question: Which article of the Constitution outlines the composition and functions of the GST Council

Question: The GST is recommended by the___on implementation of the Fiscal Responsibility and Budget Management (FRBM) Act, 2003

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Online MCQ Question

A debit note is issued to tbe recipient of goods or services if

• A. Taxable value is found to be excess
• B. The goods are returned by the recipient
• C. Goods supplied are found to be deficient
• D. Tax charged is found to be lesser

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Question: TCS rate under GST is

Question: E-Commerce operators should submit return of TCS

Question: GST Council meeting is convened

Question: Validity of E-Way bill is

Question: Which among the following is not related to EWay bill

Question: Electronic way bill is compulsory to move goods of worth

Question: Protective assessment under Sec 64 is also called

Question: Summary assessment under Sec 64 is also called

Question: Assessment under Sec 62 is called

Question: Final return in Form GSTR- 10 is relevant in the case of

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Online MCQ Question

A DTH company supplies a dish, set top box, 3 year repairing and subscription of 500 channels for five years services as a package to the customers for Rs 25000. This is a

• A. Mixed Supply
• B. Joint Supply
• C. Composite supply
• D. Not Supply

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Question: A new mobile handset is supplied for Rs. 10000, exchanging an old phone. Without exchange offer the price of handset is Rs. 25000. Market value of similar phones is Rs. 20000. What is the value of supply

Question: Input tax credit is not available for

Question: Input tax credit in respect of rent a cab, life insurance and health insurance belong to

Question: In the case of reversal of input tax credit, interest at the rate of. % is applicable

Question: Reversal of input tax credit happens when a person fails to pay the amount of price including tax to the supplier within a period of

Question: Input service distributor shall distribute the credit of CGST

Question: Tax credit in respect of goods or inputs sent for job work can be claimed by

Question: A registered person need not issue a tax invoice if the value of supply less than

Question: A registered person supplying exempted goods or services or paying composition tax under section 10 shall issue

Question: After issuing a receipt voucher for advance payment, if no supply is made

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Online MCQ Question

A new mobile handset is supplied for Rs. 10000, exchanging an old phone. Without exchange offer the price of handset is Rs. 25000. Market value of similar phones is Rs. 20000. What is the value of supply

• A. 10000
• B. 20000
• C. 25000
• D. either 25000 or 20000

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Question: A registered person supplying exempted goods or services or paying composition tax under section 10 shall issue

Question: After issuing a receipt voucher for advance payment, if no supply is made

Question: An unregistered person

Question: The original copy of a tax invoice of goods belongs to

Question: The duplicate copy of a tax invoice of goods belongs to

Question: A bill of supply is issued in the case of

Question: A debit note is issued to tbe recipient of goods or services if

Question: The eligible input tax will be automatically credited to the

Question: Every deposit made towards tax shall be credited to

Question: For the purpose of TDS, the value of supply shall be taken as the amount in the invoice

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Online MCQ Question

A person having___business verticals in a State___obtain a separate registration for each business vertical

• A. Single, shall
• B. Multiple, shall
• C. Multiple, may
• D. Single, May

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Question: Do I, a Mutual fund Distributor working in Delhi, need to register under GST, having income less than Rs. 20 Lakhs but working for offices that are registered in Mumbai and have branch offices in Delhi

Question: Tax invoice must be issued by

Question: The tax invoice should be issued___the date of supply of service

Question: A credit note is issued by___and it is a document accepted for GST purposes

Question: For an increase in the tax/ taxable value, a debit note for GST purposes

Question: The last date for declaring the details of a Credit Note issued on 25-Jun-2018 for a supply made on 19-Sep-2017 is

Question: In case of inter-State movement of goods, every registered person who causes movement of goods of consignment value exceeding___in relation to a supply or for reasons other than supply or due to inward supply from an unregistered person shall, before commencement of such movement, file FORM GST EWB-01

Question: Balance in electronic credit ledger under CGST can be used against which liability

Question: What is the maximum amount of demand for which the officer can issue an order under section 73 in case of other than fraud, misstatement or suppression

Question: What is the maximum amount of demand for which the officer can issue an order under section 74 in case fraud, misstatement or suppression

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Online MCQ Question

A person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business is

• A. Business plan
• B. Casual taxable person
• C. Composite dealer
• D. Non-resident dealer

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Question: Which of the following is included while computing the value of supply of goods under GST

Question: Half share of IGST moves always to

Question: A registered person making Zero rate supply shall be

Question: Lease, tenancy, easement or license to occupy land is a supply of

Question: Transfer of the title in goods is a supply of

Question: Construction of a complex, building, civil structure intended for sale to a buyer wholly or partly is supply of

Question: Where the entire consideration has been received after issuance of completion certificate or after its first occupation is

Question: Services by an employee to the employer in the course of or in relation to his employment is

Question: In the case of composite supply the rate of tax is

Question: A DTH company supplies a dish, set top box, 3 year repairing and subscription of 500 channels for five years services as a package to the customers for Rs 25000. This is a

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Online MCQ Question

A radio taxi driver has provided his services through Electronic Commerce Operator. Kuber Cabs. The tax on such supplies shall be paid by the

• A. Electronic Commerce Operator. Kuber Cabs
• B. Radio taxi driver
• C. Customer receiving the services from radio taxi driver
• D. None of the above

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Question: A special purpose vehicle has been launched to cater the needs of GST

Question: Who is the chairman of GST Council

Question: GST is a based tax on consumption of goods and services

Question: In which year GST was first proposed in India

Question: In IGST I stand for

Question: Which of the following comes under sin tax

Question: GSTN comes under which act

Question: First state that passed GST bill

Question: Types of GST in India

Question: What is integrated goods and services tax

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Online MCQ Question

A registered person making Zero rate supply shall be

• A. Eligible to claim refund
• B. Not eligible for refund
• C. Subject to reverse charge
• D. None of these

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Question: One tooth paste, tooth brush, and a soap sold in a packet for Rs. 50 is

Question: On service provided by E- Commerce operator

Question: GST was implemented in India from

Question: In India, the GST is a dual model of

Question: GST is a consumption of goods and service tax based on

Question: India’s GST structures are based on how many structures

Question: The maximum rate for CGST is

Question: A new mobile handset is supplied for Rs. 10000, exchanging an old phone. Without exchange offer the price of handset is Rs. 25000. Market value of similar phones is Rs. 20000. What is the value of supply

Question: Input tax credit is not available for

Question: Input tax credit in respect of rent a cab, life insurance and health insurance belong to

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Online MCQ Question

A registered person making Zero rated supply shall be

• A. Eligible to claim refund
• B. Not eligible for refund
• C. Subject to reverse charge
• D. None of these

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Question: Services by an employee to the employer in the course of or in relation to his employment is

Question: In the case of composite supply the rate of tax is

Question: A DTH company supplies a dish, set top box, 3 year repairing and subscription of 500 channels for five years services as a package to the customers for Rs 25000. This is a

Question: One tooth paste, tooth brush, and a soap sold in a packet for Rs. 50 is

Question: On service provided by E- Commerce operator

Question: GST was implemented in India from

Question: In India, the GST is a dual model of

Question: GST is a consumption of goods and service tax based on

Question: India’s GST structures are based on how many structures

Question: The maximum rate for CGST is

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Online MCQ Question

A registered person need not issue a tax invoice if the value of supply less than

• A. 100
• B. 200
• C. 500
• D. 1000

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Question: The eligible input tax will be automatically credited to the

Question: Every deposit made towards tax shall be credited to

Question: For the purpose of TDS, the value of supply shall be taken as the amount in the invoice

Question: The limit of exclusive economic zone of India is from the nearest point of the baseline

Question: Indian customs waters means the waters extending into the sea up to

Question: Mr. Kumar sold goods worth Rs. 40000 to Mr. Lalu on 2.8.2019, but the payment was received from Mr. Lalu on 2.10.2019. time of suppy is

Question: Collection of Tax at source is relevant in the case of

Question: TCS rate under GST is

Question: E-Commerce operators should submit return of TCS

Question: GST Council meeting is convened

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Online MCQ Question

A registered person supplying exempted goods or services or paying composition tax under section 10 shall issue

• A. GST Bill
• B. Bill of Supply
• C. Receipt voucher
• D. Debit note

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Question: Every deposit made towards tax shall be credited to

Question: For the purpose of TDS, the value of supply shall be taken as the amount in the invoice

Question: The limit of exclusive economic zone of India is from the nearest point of the baseline

Question: Indian customs waters means the waters extending into the sea up to

Question: Mr. Kumar sold goods worth Rs. 40000 to Mr. Lalu on 2.8.2019, but the payment was received from Mr. Lalu on 2.10.2019. time of suppy is

Question: Collection of Tax at source is relevant in the case of

Question: TCS rate under GST is

Question: E-Commerce operators should submit return of TCS

Question: GST Council meeting is convened

Question: Validity of E-Way bill is

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Online MCQ Question

A special purpose vehicle has been launched to cater the needs of GST

• A. GSTS
• B. GSTR
• C. GSTM
• D. GSTN

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Question: Types of GST in India

Question: What is integrated goods and services tax

Question: GST will be levied on

Question: Which of the following tax is abolished by GST

Question: What kind of Tax is GST

Question: Which constitutional amendment is done to pass the GST bill

Question: Which of the following good will not be covered under the GST bill

Question: GST threshold limit barring North East and hill states is

Question: In India GST became effective from

Question: Indian GST model has rate structure

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Online MCQ Question

A___supply comprising of two or more supplies shall be treated as the supply of that particular supply that attracts highest rate of tax

• A. Composite
• B. Mixed
• C. Both (a) and (b)
• D. None of the above

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Question: Services by an Insurance Agent to Ms. ABC Insurance Co. Ltd., GST is to be paid by

Question: Sitting Fees received by director of XYZ Ltd., is liable for GST in the hands of the

Question: Mr. A was having Rs. 50,000 in his credit ledger in the month of January, 2018 and in the same month he made purchases on which tax of Rs. 30,000 under RCM was to be paid. Which of the following method can be used for the same

Question: A radio taxi driver has provided his services through Electronic Commerce Operator. Kuber Cabs. The tax on such supplies shall be paid by the

Question: GTA is under expansion mode and is acquiring lot of trucks for the transportation. It wants to take the ITC on such capital goods. What rate shall he charge in order to avail the ITC

Question: Mr. B, a GTA in Delhi supplied services of Rs. 60,000 to Mr. Q, a registered person in Delhi and the entire amount was being paid to the GTA. What shall be the tax amount to be paid under RCM

Question: Mr. Vishal is appointed as a director of ABC Ltd. company (not in capacity of employee) and earn sitting fees ` 5, 00,000. Who is liable to pay GST

Question: ABC Ltd. avail service of Rudra goods transport agency for transportation of goods from factory located in Mumbai to its Nasik depot and paid freight `1, 00,000 and GST is applicable @ 5%. Who will pay GST

Question: Which of the following is true

Question: The headquarters of GST council is located at

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Online MCQ Question

ABC Ltd. avail service of Rudra goods transport agency for transportation of goods from factory located in Mumbai to its Nasik depot and paid freight `1, 00,000 and GST is applicable @ 5%. Who will pay GST?

• A. Rudra goods transport agency
• B. ABC Ltd. Co
• C. Both a 50% and b 50%
• D. None of the above

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Question: In IGST I stand for

Question: Which of the following comes under sin tax

Question: GSTN comes under which act

Question: First state that passed GST bill

Question: Types of GST in India

Question: What is integrated goods and services tax

Question: GST will be levied on

Question: Which of the following tax is abolished by GST

Question: What kind of Tax is GST

Question: Which constitutional amendment is done to pass the GST bill

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Online MCQ Question

Additional demand made in respect of the earlier laws after the implementation of the GST will be an amount recoverable under

• A. Earlier laws
• B. GST
• C. Any of the above
• D. Subject to the option given by the Dealer

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Question: GST can be collected by

Question: Under GST Law “Aggregate Turnover” of a dealer is determined

Question: Under GST “Agriculturist” means

Question: Business vertical refers to

Question: Goods which are used or intended to be used in the course or furtherance of business are

Question: A person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business is

Question: Supply of two or more taxable supply naturally bundled and supplied is called

Question: Supply of goods provided, or agreed to be provided, continuously or on recurrent basis under a contract is

Question: In the GST council meetings votes of all the State government taken together shall have a weightage of

Question: Integrated goods and services tax act is applicable to

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Online MCQ Question

After introduction of GST, supplied to SEZ are Subject to

• A. IGST
• B. Subject to CGST and SGST
• C. Zero Rated
• D. SGST+CGST+IGST

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Question: Supply of goods or services which constitutes the predominant element of a composite supply is called

Question: Liability to pay tax by the recipient of supply of goods or services is called

Question: The maximum limit of IGST rate fixed in the Act is

Question: The place of supply of goods imported into India shall be

Question: The place of supply of goods exported from India shall be

Question: When can a registered person avail credit on inputs

Question: In case supplier had deposited the taxes but the receiver has not received the goods, is receiver entitled to avail credit

Question: Tax collected at source at the rate of 2% is applicable in the case of

Question: Goods which get input tax credit without being liable to collect output tax is called

Question: Input tax credit on capital goods and Inputs can be availed in

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Online MCQ Question

After issuing a receipt voucher for advance payment, if no supply is made

• A. Refund voucher
• B. Debit note
• C. Tax invoice
• D. Bill of supply

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Question: For the purpose of TDS, the value of supply shall be taken as the amount in the invoice

Question: The limit of exclusive economic zone of India is from the nearest point of the baseline

Question: Indian customs waters means the waters extending into the sea up to

Question: Mr. Kumar sold goods worth Rs. 40000 to Mr. Lalu on 2.8.2019, but the payment was received from Mr. Lalu on 2.10.2019. time of suppy is

Question: Collection of Tax at source is relevant in the case of

Question: TCS rate under GST is

Question: E-Commerce operators should submit return of TCS

Question: GST Council meeting is convened

Question: Validity of E-Way bill is

Question: Which among the following is not related to EWay bill

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Online MCQ Question

An unregistered person

• A. Is allowed to collect GST
• B. Is not allowed to collect GST
• C. Is allowed to collect composite tax
• D. Is allowed to collect reverse tax

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Question: The limit of exclusive economic zone of India is from the nearest point of the baseline

Question: Indian customs waters means the waters extending into the sea up to

Question: Mr. Kumar sold goods worth Rs. 40000 to Mr. Lalu on 2.8.2019, but the payment was received from Mr. Lalu on 2.10.2019. time of suppy is

Question: Collection of Tax at source is relevant in the case of

Question: TCS rate under GST is

Question: E-Commerce operators should submit return of TCS

Question: GST Council meeting is convened

Question: Validity of E-Way bill is

Question: Which among the following is not related to EWay bill

Question: Electronic way bill is compulsory to move goods of worth

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Online MCQ Question

Any good other than capital goods used or intended to be used by a supplier in the course or furtherance of business is

• A. Input
• B. Output
• C. Merit goods
• D. White goods

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Question: The place of supply of goods exported from India shall be

Question: When can a registered person avail credit on inputs

Question: In case supplier had deposited the taxes but the receiver has not received the goods, is receiver entitled to avail credit

Question: Tax collected at source at the rate of 2% is applicable in the case of

Question: Goods which get input tax credit without being liable to collect output tax is called

Question: Input tax credit on capital goods and Inputs can be availed in

Question: Provisional Input tax credit can be utilized against

Question: The council can take a decision only if there is

Question: Tax deducted at source at the rate of 2% is applicable in the case of

Question: The time limit to pay the value of supply with taxes

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