1. Suppose, one dealer is a defaulter of return. What will be the nature of his refund application?

(A) Refund adjusted over tax liability estimated for non-filing of return
(B) 80% of the Refund is allowed on a Provisional basis.
(C) Refund Application is withheld
(D) 20% of the Refund is allowed on a Provisional basis.

2. Suppose, one dealer is a defaulter of any dues. What will be the nature of his refund application?

(A) Refund is adjusted over arrear dues
(B) 80% of the Refund is allowed on a Provisional basis.
(C) Refund Application is withheld
(D) 20% of the Refund is allowed on a Provisional basis.



3. Suppose, an order giving rise to refund is a subject matter of appeal, what will be the fate of the refund application?

(A) 80% of the Refund is allowed on a Provisional basis.
(B) Refund Application is withheld after giving opportunity for being heard
(C) 20% of the Refund is allowed on a Provisional basis.
(D) Full amount is to be refunded without waiting for any appellate order


 4. Suppose, the refund amount is less than ` 1000/-, what will be the nature of the disposal?

(A) Full Amount is allowed within 3 working days without any document verification
(B) 80% provisional Remittance 80% of the Refund is allowed on a Provisional basis.
C) Refund Application is Rejected
(D) Refund Application is Withheld


5. The refund application of the UN agencies, embassies or consulate will be processed based on:

(A) Unique Identification Number
(B) GSTIN
(C) Pass Port Number
(D) Any of the Above



6. The Tax wrongly paid under IGST instead of Tax on intra-state (Local) supply-How it will be treated in the GST?

(A) Refund
(B) Automatic System Adjustment
(C) Online Withdrawal as and when required
(D) Any of the Above.



7. All the pending Refunds,Appeals,Revison,Review ,etc related to earlier enactment will be disposed in GST regime as per:

(A) Earlier Law
(B) GST Law
(C) Either of the Above at the option of the dealer
(D) Neither of the Above



8.Suppose, if any export is subject to any export duty as part of any govt.policy, what will be the fate of the unutilised ITC in such cases?

(A) Refunded
(B) No Refund
(C) Adjustment over Basic Customs Duty on import, if any, to the same dealer
(D) Either (B) or (C)


 9. What will be the mode of filing Refund Application and its supporting documents in GST?

(A) Online Application and Uploading of Scanned Documents
(B) Both Soft Copy and Hard Copy
(C) Manual Application Only
(D) Any of the above



10. The scanned documents required for filing ITC on export?

 (A) Export Invoice and Shipping Bill
(B) Packing List, Bill of Lading and Mate’s Receipt
(C) Bank Realisation Certificate
(D) All of the above



 More MCQs on Goods and Services Tax (GST)