1. Electronic Credit Ledger is Credited by:
A) Cash Deposit towards Tax remittance
B) IPT on IGST,CGST and SGST
C) Cash Deposit towards Fees,Fine,Interest and Penalty
D) Advance tax Remittance
2. CGST and SGST will be levied on;
A) Intra-state supply
B) Inter-state supply
C) Import
D) Export
3. Electronic Cash Ledger is credited by
A) Cash Deposit
towards Tax remittance, Fine, Interest and Penalty
B) IPT on IGST,CGST
and SGST
C) Cash Deposit
towards Fees, Fine, Interest and Penalty Only
D) Advance tax
Remittance Only
4. Which one of the following shall not be
treated as supply?
A) Rental
B) Lease
C) Actionable claim
D) License
5. Input Means:
A) Any Goods Excluding
Capital Goods
B) Any Goods including
Capital Goods
C) Capital Goods Only
D) Capital goods used
for the furtherance of the Business
6. Works contract is;
A) Supply of goods
B) Supply of services
C) Supply of both
D) Neither supply of
goods nor supply of services
7. The Registration to be taken by an ISD will
be:
A) IGST Registration
B) SGST Registration
C) SGST and CGST
Registration
D) ISD Registration
8. On which one of the following items, GST will
be levied;
A) Aviation fuel
B) Liquefied petroleum
Gas
C) Natural Gas
D) High Speed Diesel
oil
9. Suppose One Dealer is not eligible for
Composition of Tax. But, remitted Tax Under that scheme. What will be the
volume of the compulsory Penalty
A) No Penalty at all
B) Equal Amount of Tax leviable under Normal Scheme
C) Two Times of the tax leviable under Normal Scheme
D) Three Times of the tax Levi able under Normal Scheme
10. The maximum rate that can be levied as CGST
or SGST will be at;
A) 18 %
B) 20%
C) 18 %
D) 40%
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