MCQs on Goods and Services Tax (GST) -23

1. What is net value of taxable supplies? 

(a) Aggregate value of all the supplies of goods and/or services made during any month by all registered taxable persons through the e-commerce operator 
(b) Aggregate value of all the supplies of goods and/or services made during any month by all registered taxable persons through the e-commerce operator reduced by value of taxable supplies returned to the suppliers during the said month 
(c) Aggregate value of all the supplies of goods and/or services, excluding the services notified u/s 9(5) made during any month by all registered persons through the e-commerce operator reduced by the aggregate value of taxable supplies returned to the suppliers during the said month. 
(d) Aggregate value of all the supplies of goods and/or services, excluding the services notified u/s 9(5) made during any month by a registered taxable persons. 


2. When can a supplier making supplies through E-commerce operator opt not to register? 

(a) Always 
(b) When the e-commerce operator is not required to collect tax at source u/s 52 
(c) When the supplier doesn’t cross the threshold limit specified under section 22. 
(d) Option (b) and (c), cumulatively fulfilled 


3. When an e-commerce operator is required to register under GST? 

(a) When he is required to collect tax at source u/s 52 
(b) When his aggregate turnover exceeds the threshold limit 
(c) When he is required to discharge tax on the taxable supply or services made by the supplier through him u/s 9(5) 
(d) It is mandatory to register irrespective of the threshold limit. 


4. Is every supplier on e-commerce platform covered under Section 52 required to charge GST from Re. 1? 

(a) Yes since he is the registered taxable person. 
(b) No since he is the registered taxable person
(c) Partially true
(d) None of the above


5. When should the e-commerce operator collect tax at source? 

(a) When he collects the consideration on behalf of the supplier in respect of such supply 
(b) On the date when the other supplier makes supplies through operator 
(c) Day on which the supplier remits the consideration to the supplier 
(d) Option (a) or (b) whichever is earlier 


6. In case the e-commerce operator agrees to bear a part of the discount offered by the supplier on the products, is the e-commerce operator required to collect tax at source on such discount borne by him? 

(a) Yes, as this can be considered as consideration received from the customer 
(b) No, this cannot be considered as consideration received from the customer
(c) Partially true
(d) None of the above


7. When should the e-commerce operator remit the amount of TCS to government and file the necessary returns with the government? 

(a) Within 10 days after the end of the month in which such amount was collected 
(b) Within 10 days after the end of the month in which such amount was collected, but no time limit for filing the return 
(c) Within 10 days after the end of the month in which such amount was collected, but no time limit for paying the money 
(d) No time limit for both 


8. Can a supplier take credit of the TCS? 

(a) Yes 
(b) No 
(c) Yes, on the basis of the valid return filed 
(d) Yes, on the basis of a valid return filed by the e-commerce operator and there is no discrepancy in the returns 


9. Is there any matching to be done with the returns filed? 

(a) Yes, return of e-commerce operator should be matched with every return of supplier 
(b) No, no such requirement mandated 
(c) Yes, return of e-commerce operator should be matched with every return of supplier but no consequences if the returns do not match 
(d) Yes, return of e-commerce operator should be matched with every return of supplier and if the returns do not match then the amount of discrepancy will be added to the outward tax liability of the e-commerce operator 


10. Refunds will not be allowed in cases of:- 

(a) Exports made without payment of tax  
(b) Exports made on payment of tax 
(c) Inverted duty structures where tax on inputs are higher than tax on outputs 
(d) All of the above 




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