Previous Year Solved Question Papers

Previous Year Solved Question Papers

MCQs on Goods and Services Tax (GST) -70

1. Suppose, the IGST Credit of ` 5/-Lakhs has been cross utilised to settle the SGST OPT of ` 5/-Lakhs of a Kerala Dealer. The fund transfer will be: 

(A) 5/-Lakhs from IGST Fund will be transferred by Central government In to Kerala SGST Fund
(B) 5/-Lakhs from SGST Fund will be transferred by Kerala  government  in to Central IGST Fund
(C) 5/-Lakhs from CGST Fund will be transferred by Central government in to Kerala SGST Fund
(D) No Fund Transfer at all.




2. Suppose, the IGST Credit of ` 5/-Lakhs is cross utilised to settle the IGST OPT of ` 5/-Lakhs of a Kerala Dealer. The fund transfer will be:

(A) 5/-Lakhs from IGST Fund will be transferred by Central government In to Kerala SGST Fund
(B) 5/-Lakhs from SGST Fund will be transferred by Kerala  government  in to Central IGST Fund
(C) 5/-Lakhs from CGST Fund will be transferred by Central government in to Kerala SGST Fund
(D) No Fund Transfer at all.




3. Whether the supplies to UN Agencies are taxable under GST?

(A) Yes
(B) Taxable at Supply Point and Refundable subject to submission of Purchase statement as and when purchases are made with their UID No.
(C) Both (A) and (B)
(D) None of the Above




4. The interstate purchases made by the Govt.deparmtnet not in the course of business are treated as :

(A) B2B Supplies
(B) B2C Supplies
(C) B2C Subject to the quoting of the Departmental ID issued by SGST Officials
(D) B2G Supplies




5. The filing of Monthly Returns in GST will be:

(A) At a stretch
(B) Two Phases
(C) Three Phases
(D) Four Phases




6. The normal permissible Time Period to upload the statement of outward supply (i.e., GSTR-1) will be:

(A) From 01st to 10th of the Next Month
(B) From 11th to 15th of the Next Month
(C) From 11th to 15th of the Next Month
(D) From 11th to 20th of the Next Month




7. The date by which the GSTN will auto populate the statement of inward supplies based on GSTR-1 at the end of the recipient of the supplies?

(A) On 11th of the Next Month
(B) On 15th of the Next Month
(C) On 17th of the Next Month
(D) On 20h of the Next Month




8. What is the proposed Permissible Normal Time Period to confirm the Outward Supply of Some One else as Inward Supply of a Recipient of Supply by viewing such statement of out ward supplies and ticking the same either manually or with the help of any third party software and to add the missing invoices and to make necessary deletion or modification will be :

(A) From 11th to 15th of the Next Month
(B) From 11th to 17th of the Next Month
(C) From 11th to 20th of the Next Month
(D) From 11th  to 25th of the Next Month




9. What is the proposed Permissible Time Period for addition or Deletion or editing or modifications of the entries related to one’s statement of outward supply in the same month based on GSTR-2?

(A) Between 11th to 15th of the Next Month
(B) Between 11th to 17th of the Next Month
(C) Between 11th to 20th of the Next Month
(D) No Revision is Permitted




10. The Tax Collected by E-Commerce Operators from the actual Suppliers of Goods is termed as:

(A) TDS
(B) TCS
(C) Service tax
(D) All of the Above



More MCQs on Goods and Services Tax (GST)

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