Previous Year Solved Question Papers

Previous Year Solved Question Papers

MCQs on Goods and Services Tax (GST) -65

1. Suppose taxable identifiable goods under earlier law dispatched within 6 months prior to the appointed day (i.e.01-04-2017) are returned back after 6 months from the appointed day. How such return supply will be treated under GST?

(A) It will be 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


2. What will be the volume of penalty in confiscation cases?

(A) Rs.10/-Thousand
(B) Equal Amount of tax
(C) Either a) or b) whichever is higher
(D) Rs.50/-Thousand



3. What will be the procedure to be complied by the provisional registration certificate holders to get final certificate of registration?

(A) By e-filing the online registration application with the prescribed scanned documents within 1 months from the appointed day
(B) By e-filing the online registration application with the prescribed scanned documents within 2 months from the appointed day
(C) By e-filing the online registration application with the prescribed scanned documents within 3 months from the appointed day
(D) By e-filing the online registration application with the prescribed scanned documents within 6 months from the appointed day


4. If one dealer fails to give the additional information for final registration in GST within the prescribed time period, what will be the fate of the provisional registration?

(A) It will be cancelled giving SCN
(B) He will be issued compulsory final Registration without allowing any ITC
(C) Either a) or b)
(D) None of the above


5. Suppose, One existing dealer who has been issued Provisional Registration Certificate is not liable for registration under GST due to the below registrable limit or items not liable to tax under GST. What will be the option available to such dealers in the provisional registration period?

(A) He may apply for the cancellation of the provisional registration
(B) He has to wait for the completion of the provisional registration period of 6 months
(C) Cancellation will be permitted only after One year from the appointed day
(D) None of the Above




6. Suppose one dealer has Cen vat or Local VAT unadjusted ITC credit carried forward to the last return period in the subsumed taxation laws. How this balance unadjusted ITC will be treated in GST?

(A) Refunded under earlier laws
(B) Allowed as ITC in GST
(C) Refunded under GST law
(D) Any of the Above



7. If any actions are instituted against the admissibility of ITC under earlier law either before or after the implementation of GST, how it will be treated under GST?

(A) Collected as a tax arrears under earlier law
(B) Collected as a tax arrears in the GST
(C) Either a) or b)
(D) None of the Above



8. Suppose one taxable person has un-availed cenvat credit or ITC on capital goods not carried forwarded to the last return in the earlier law and allowable both under earlier law or GST law. How it will be treated under GST?

(A) Refunded under earlier laws
(B) Allowed as ITC in GST
(C) Refunded under GST law
(D) Any of the Above



9. What will be the volume of penalty for transporting goods without documents or makes supplies without any supporting entries in the books of accounts will be:


(A) Rs.25/-Thousand
(B) Rs.10/-Thousand
(C) Rs.50/-Thousand
(D) Equal Amount of tax


10. What will be the penalty for opting the composition of the tax liability without eligible for the same?


(A) Rs.25/-Thousand
(B) Rs.10/-Thousand
(C) Rs.50/-Thousand
(D) Equal Amount of tax


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