Previous Year Solved Question Papers

Previous Year Solved Question Papers

MCQs on Goods and Services Tax (GST) -63

1. Inspections, Search and seizure operations under GST are to be authorised  by a CGST/SGST Officer not below the rank of ___________

(A) Dy Commissioner
(B) Asst Commissioner
(C) Joint Commissioner
(D) Commissioner



2.Inspections can be conducted at the business places of, _____________

(A) Taxable persons
(B) Transporter of goods
(C) Owner or Operator of Godowns/Ware house
(D) All of the above



3.The person in charge of the conveyance carrying any consignment of goods exceeding the value of ________________, shall carry prescribed documents (E-Waybill)

(A)  50,000
(B) 1,00,000
(C) 10,000
(D) 100 lakhs



4. Arrests under GST are to be authorised by  ____________

(A) Asst Commissioner
(B) Joint Commissioner
(C) Commissioner
(D) None of the above



5. What is/are the condition for availing ITC on stock related to non-taxable period by a dealer who was not liable to get registered in the earlier law or a manufacturer of the exempted goods in the earlier law?

i.  Such stock should be taxable under GST
ii. Eligible for ITC under earlier law, if he was liable to get registered or such goods or raw materials were taxable under earlier law
iii. He should be eligible for ITC in GST
iv. He should be in possession of the related invoice to the stock not earlier than 12 months prior to the appointed date.

Codes:
(A) i, ii & iii 
(B) i, ii & iv
(C) ii, iii & iv
(D) I, ii, iii & iv



6.  What is/are the condition for availing ITC on the tax element involved in the stock held by a composition dealer under earlier law, if such dealer opts normal tax remittance in GST?

i. Such stock should be taxable under GST
ii. Eligible for ITC under earlier law, if he was liable to get registered or such goods or raw materials were taxable under earlier law
iii. He should be eligible for ITC in GST
iv. He should be in possession of the related invoice to the stock not earlier than 12 months prior to the appointed date.

Codes:
(A) i, ii & iii 
(B) i, ii & iv
(C) ii, iii & iv
(D) I, ii, iii & iv



7. If a taxable person remitting tax in the normal scheme under earlier law switchover to composition scheme in the GST.How the tax element involved in the already ITC adjusted closing stock under earlier law will be treated?


(A) Related tax element under earlier law is to be remitted back by debiting electronic credit ledger or electronic cash ledger.
(B) The balance ITC in the electronic credit ledger will be lapsed
(C) Both a) and b) Above
(D) Related tax element under earlier law is to be refunded



8. Suppose tax exempted goods under earlier law dispatched within 6 months prior to the appointed day are returned back within 6 months from the appointed day. How, the tax element involved in the return supply will be treated under GST?


(A) Subject to tax at the appropriate rate of GST
(B) No GST
(C) At the half rate of the GST
(D) Only SGST is charged



9. Suppose tax exempted identifiable goods under earlier law dispatched within 6 months prior to the appointed day are returned back after 6 months from the appointed day. How, the tax element involved in the return supply will be treated under GST?


(A) Subject to tax at the appropriate rate of GST
(B) No GST
(C) At the half rate of the GST
(D) Only SGST is charged



10. Suppose taxable identifiable goods under earlier law dispatched within 6 months prior to the appointed day are returned back within 6 months from the appointed day. How such return supply will be treated under GST?


(A) Subject to tax at the appropriate rate of GST
(B) No GST
(C) At the half rate of the GST
(D) Only SGST is charged





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