MCQs on Goods and Services Tax (GST) -24

1. A person who _____ digital or electronic facility or platform for electronic commerce shall be considered as an e-commerce operator. 

(a) Owns 
(b) Operates 
(c) Manages 
(d) Any of the above 


2. At what rate should the tax be collected at source? 

(a) 0.5% 
(b) 1% 
(c) 2% 
(d) 3% 


3. Is there any threshold limit for applying the provisions of Section 52 for collecting tax at source? 

(a) TCS applies if net value of taxable supplies exceeds Rs. 10,00,000/- 
(b) TCS applies if net value of taxable supplies exceeds Rs. 15,00,000/- 
(c) TCS applies if net value of taxable supplies exceeds Rs. 20,00,000/- 
(d) No such limit prescribed, tax should always be collected at source if the conditions envisaged u/s 52 are met. 


4. When will Section 52 apply? Or when should the e-commerce operator be liable to collect tax at source? 

(a) E-commerce operator shall collect tax at source in respect of all supplies made through it. 
(b) E-commerce operator should collect tax at source only if the supplier of the goods and is registered 
(c) E-commerce operator shall collect tax at source on the net taxable value of supplies made through it by other supplier where the consideration with respect to such supply is to be collected by the E-commerce operator. 
(d) E-commerce operator shall collect tax at source only if the net value of taxable supplies exceeds the prescribed threshold limit. 


5. A specialised agency of the UNO can claim refund of tax paid on… 

(a) Intra-State supply of goods and/or services 
(b) Inter-state supply of goods and/or services 
(c) Inward supply of goods and/or services 
(d) All of the above 


6. What is the time limit for filing of refund application by a specialised agency of the UNO?

(a) Before the expiry of eight months from the last day of the quarter in which such inward supply received 
(b) Before expiry of eight months from the last day of the month in which such inward supply received 
(c) Before expiry of six months from the last day of the month in which such inward supply was received 
(d) Before expiry of six months from the last day of quarter in which such inward supply was received 


7. A registered person claiming refund of balance in electronic cash ledger may make such a claim in:- 

(a) Application for refund 
(b) Annual Return 
(c) Returns filed at the end of tax periods 
(d) None of the above 


8. Refunds would be allowed on a provisional basis in case of refund claims on account of zero-rated supplies of goods and/or services made by registered persons. At what percentage would such provisional refunds be granted? 

(a) 70% 
(b) 65% 
(c) 80% 
(d) 90% 


9. The applicant is not required to furnish documentary evidence if the amount of refund claimed is less than:- 

(a) Rs 6 lacs 
(b) Rs 2 lac 
(c) Rs 10 lac 
(d) Rs 20 lac 


10. Refund shall not be paid to the applicant if the amount of refund is less than 

(a) Rs 1000 
(b) Rs 5000 
(c) Rs 7000 
(d) Rs 10000 



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