Deck 3: GST and Taxation

Question 1

Integrated Goods and Services Tax Act is applicable to

A)all the states
B)all the union territories
C)the whole of india
D)all the states except jammu and kashmir

Answer 1

the whole of india

Question 2

Where location of the supplier and the place of supply are in two different Union territories

A)cgst plus utgst is applicable
B)igst is applicable
C)sgst plus utgst is applicable
D)cgst plus igst is applicable

Answer 2

igst is applicable

Question 3

The managers of ITC Ltd., Kolkata (not registered under GST) are given one week trainning in Munnar, by Infosys Ltd. Bangalore, for a sum of Rs. 10 Lakhs. Payment given at Mumbai.The place of supply of service is

A)mumbai
B)kolkata
C)munnar
D)bangalore

Answer 3

mumbai

Question 4

The Central Goods and Services Tax is levied under

A)section 9 of the cgst act
B)section 10 cgst act
C)section 8 of the igst act
D)section 2 of the sgst act

Question 5

GST number does not include

A)pan
B)state code
C)aadhaar number
D)alphabet z

Question 6

GSTR-2A is autogenerated from

A)gstr 3
B)gstr 2
C)gstr 2a
D)gstr1

Question 7

GSTR-6A is meant for

A)gst dealers
B)composition scheme taxpayers
C)ecommerce operators
D)input service distributor

Question 8

The proper officer may assess the tax liability on the basis of available information, evidences which is called

A)best judgement assessment
B)provisional assessment
C)self assessment
D)protective assessment

Question 9

GST council meeting is convened

A)every week
B)every month
C)every 3 months
D)any time as required

Question 10

GST is levied on supply all goods and services except ___________________.

A)computer
B)Machinery
C)Alcoholic Liquor for human consumption
D)Gold & Silver

Question 11

Gst is leviable on Petrol from ____________.

A)1/07/2017
B)will not levied at all
C)GST will be levied from a date notify by GST Council
D)1/04/2018

Question 12

List I of the constitution contains matters in respect of which _______ has the exclusive power make law.

A)Central Govt
B)State Govt
C)Union Govt
D)Central & State Govt.

Question 13

___________ Act have been subsumed in GST.

A)Central Exercise
B)Property Tax
C)IGST
D)Income Tax

Question 14

_______________ is Indirect Tax.

A)Wealth
B)Estate Duty
C)IGST
D)Income Tax

Question 15

What does these term refere to:

-CGST _______________.

A)Central Goods and Service Tax
B)State List
C)Concurrent List
D)Union List

Question 16

What does these term refere to:

-List II _____________.

A)Sin Goods
B)Union Territory Goods and Service Tax
C)State List
D)Sin Goods.

Question 17

What does these term refere to:

-IGST _____________.

A)Concurrent List
B)Integrated Goods & Service Tax
C)State List
D)Concurrent List.

Question 18

What does these term refere to:

-List III ___________________.

A)Central Goods and Service Tax
B)Concurrent List
C)State List
D)Union List

Question 19

What does these term refere to:

-Cess ______________.

A)Sin Goods
B)Integrated goods & Service Tax
C)State goods & Service Tax
D)Union List

Question 20

What does these term refere to:

-UTGST ____________.

A)Union List
B)Union Territory goods & Service Tax
C)State List
D)Concurrent List

Question 21

What does these term refere to:

-SGST __________.

A)State Goods & Service Tax
B)Central Goods & Service Tax
C)Sin Goods
D)Concurrent List

Question 22

What does these term refere to:

-List I ____________.

A)State List
B)Union List
C)Concurrent List
D)Central Goods & Service tax

Question 23

Taxes in India are levied by _______________.

A)Constitution of India
B)CBEC
C)CBDT
D)Parliament of India

Question 24

GST is a ______________ based Tax.

A)Destination
B)Manufacturing
C)Services
D)Entry Tax.

Question 25

Import under GST will be considered as ______________.

A)Intra State Sale
B)inter State Sale
C)Sourced Based
D)Destination based