1. The time limit to proper officer to pass final order after accepting the refund application is - 

 (a) Within sixty days from the date of receipt of application. 
(b) Within eighty days from the date of receipt of application. 
(c) Within ninety days from the date of receipt of application. 
(d) Within thirty days from the date of receipt of application. 

2. The SEZ developer or SEZ unit exporting goods and / or services shall not be eligible to claim refund of IGST paid by the registered taxable person on such supply. Is this statement true or False? 

 (a) True Refunds 
(b) False 
(c) None of the above 
(d) both 

3. Interest on refund amount is required to be paid after expiry of ………. from the date of receipt of the application 

 (a) 60 days 
(b) 90 days 
(c) 180 days 
(d) 240 days 



4. A taxable person may apply for provisional assessment: 

 (a) when the taxable person is not able to determine the value of goods and/or services 
(b) when the taxable person is not able to determine the rate of tax. 
(c) (a) or (b) 
(d) (a) and (b) 


 5. The provisional assessment sought by a taxable person can be used by: 

 (a) The taxable person who has sought the provisional assessment. 
(b) The friends and relatives of the taxable person who has sought the provisional assessment. 
(c) The holding/subsidiary company of the taxable person who has sought the provisional assessment. 
(d) None of the above. 

6. The payment of tax on provisional basis may be allowed, if the taxable person: 

 (a) executes a bond in such form as may be prescribed in this behalf 
(b) with such surety or security as the proper officer may deem fit, binding the taxable person for differential tax if any. 
(c) (a) or (b) 
(d) (a) & (b) 

7. What is the time period within which the final assessment order should be passed? 

 (a) Six months from the date of the provisional assessment. 
(b) Nine months from the date of the provisional assessment. 
(c) Three months from the date of the provisional assessment. 
(d) One year months from the date of the provisional assessment. 

8. If final order is not passed within six months, time period specified in 60(1) may, on sufficient cause being shown and for reasons to be recorded in writing, be extended: 

 (a) by the Joint/Additional Commissioner for a further period of six months and by the Commissioner for such further period not exceeding four years. 
(b) by the Commissioner for a further period of six months. 
(c) by the Joint/Additional Commissioner for a further period of one year. 
(d) by the Joint/Additional Commissioner for a further period of one year and by the Commissioner for a further period of six months. 

9. Whether any additional interest/penalty/prosecution will be leviable for non-payment of tax determined under provisional assessment? 

 (a) Only interest specified under Section 50 will be liable. 
(b) Interest u/s 50 + Penalty of Rs. 10,000. 
(c) Only Penalty @ 50% of the default amount. 
(d) No Penalty, only Prosecution. 

10. What shall be interest payable to the taxable person if he is entitled to a refund consequent to the order for final assessment? 

 (a) Interest shall be payable only after 6 months after the final Assessment. 
(b) Interest shall be payable only after 3 months after the final Assessment. 
(c) Interest shall be paid on such refund as provided in Section 56. 
(d) No interest shall be payable on the refund. 


More MCQs on Goods and Services Tax (GST)