Previous Year Solved Question Papers

Previous Year Solved Question Papers

MCQs on Goods and Services Tax (GST) -57

1. The verification of the export documents will be with real time linkages to:

(A) IEC Code
(B) CEGATE Portal [The Indian Customs and Central Excise Electronic Commerce/Electronic Data interchange (EC/EDI) Gateway]
(C) GSTN
(D) All of the above


2. In GST, the unutilised ITC except in the case of export amount are credited:


(A) To the declared bank account of the dealer automatically
(B) To the Cash Deposit Ledger of the dealer
(C) To the ITC Credit Ledger Account
(D) To the Consumer Welfare Fund


3. In GST, interest on delayed refunds are eligible from


(A) 1 Month After the date of receipt of the refund Application
(B) 2 Months After the date of receipt of the refund Application
(C) 3 Month After the date of receipt of the refund Application
(D) No Interest at all.


4. In GST before the issuance of the show cause notice for any short tax payment or irregular IPT claim or irregular availing of ITCwithout any fraud, what is the option available to the dealer?

(A) Voluntary Discloser Scheme with Compounding
(B) Remittance of Tax and interest as ascertained by himself or with the help of the Proper Officer
(C) Remittance of Tax , interest and 25% of the tax as penalty as ascertained by himself or with the help of the Proper Officer
(D) Remittance of Tax , interest and 50% of the tax as penalty as ascertained by himself or with the help of the Proper Officer


5. CGST and SGST will be levied on;

(A) Intra-state supply
(B) Inter-state supply
(C) Import
(D) Export



6. Which one of the following shall not be treated as supply;


(A) Rental
(B) Lease
(C) Actionable claim
(D) License


7. The maximum rate that can be levied as CGST or SGST will be at;


(A) 18 %
(B) 20%
(C) 18 %
(D) 40%


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. Works contract is ;

(A) Supply of goods
(B) Supply of services
(C) Supply of both
(D) Neither supply of goods nor supply of services


10. Composition levy is applicable to the taxable persons whose aggregate turnover-

(A) Did not exceed 50 lakh in the current year
(B) Did not exceed 50 lakh in the preceding year
(C) Did not exceed 60 lakh in the current year
(D) Did not exceed 60 lakh in the preceding year




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