Previous Year Solved Question Papers

Previous Year Solved Question Papers

MCQs on Goods and Services Tax (GST) -67

1. What constitute the repeated short payment of tax in GST?

(A) 2 short payment in 2 consecutive return periods
(B) 3 short payment in 3 consecutive return period
(C) 2 short payment in 2 return period during any 6 consecutive return periods
(D) 3 short payment in 3 return period during any six consecutive return periods


2. What will be the maximum amount of penalty u/s.67 for contravening any provision of the GST Act or Rules on which no separate penalty is prescribed?

(A) Rs.25/-Thousand
(B) Rs.10/-Thousand
(C) Rs.50/-Thousand
(D) Rs.1/-Lakh



3. Suppose, after filing of the application for settlement, if the applicant is convicted of any offence or the commission convinced that the applicant is not co-operating with them. What will be the fate of the settlement application?

(A) To proceed with the available data
(B) To proceed with the data furnished already and that received from the new offence details
(C) To send back the case to the proper adjudicating authority
(D) Any of the above



4. The permissible time period to correct any error apparent on the face of record in the order of the settlement commission will be?

(A) 3 months
(B) 6 months
(C) 12 months
(D) No such time limit


5. Who will be the competent authority to issue an authorisation in writing for conducting any search?

(A) An Officer not below the rank of the Commissioner
(B) An Officer not below the rank of a Joint Commissioner
(C) An Officer not below the rank of a Deputy Commissioner
(D) Any of the Above



6. The minimum transaction value which necessitates the accompanying of any of the prescribed transporting documents will be :

(A) Goods having a transaction value of and above Rs.250/-
(B) Goods having a transaction value of and above Rs.5000/-
(C) Goods having a transaction value of and above Rs.50,000/-
(D) Goods having a transaction value of and above Rs.2,50,000/-



7. Whenever the goods will become a subject matter of confiscation in GST?

(A) Supply in violation of the act and rules
(B) Non-accounting of the taxable supplies
(C) Taxable supply without having applied for registration
(D) All of the Above



8. If the officer fails to issue a notice to the taxable person after the seizure of the goods within 60 days or within extended time period at maximum of 6 months, what will be its impact?

(A) Goods can still be detained up to the completion of the adjudication procedure
(B) Goods are to be returned
(C) Either (A) or (B) at the discretion of the adjudicating authority
(D) None of the Above


9. Suppose one dealer who was not liable to get registered in the earlier law or a manufacturer of the exempted goods became taxable under GST.How the tax element involved in his raw material stock or semi-finished goods or finished goods on the appointed day will be treated in GST?

(A) Refunded under earlier laws
(B) Allowed as ITC in GST
(C) Refunded under GST law
(D) No ITC Credit



10. Maximum settlement opportunity allowable to a taxable person?

(A) Only Once
(B) Only 2
(C) Up to 3 cases
(D) No such limit




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