1. The Tax Liability of the Central Government,
State Government and Local Authorities will be in respect of the activities or
transactions in the status of a:
A) Welfare Authority
B) Public Authorities
C) General
Administration
D) All of the above
2. 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
3. Zero Rated Supply means:
A) No OPT Liability
.But, eligible for IPT Credit
B) No OPT Liability
and No IPT Credit
C) Both OPT Liability
and IPT Credit
D) None of the Above
4. IGST means ................... ?
A)
Inter-state GST
B)
Integrated GST
C)
Import GST
D)
International GST
5. In GST, the registration
application approval is to be intimated by the respective SGST/CGST Officials
within :
A)
10 Common Working days in form GST REG-06
B)
7 Common Working days in form GST REG-06
C)
5 Common Working days in form GST REG-06
D)
3 Common Working days in form GST REG-06
6. The
maximum rate of tax prescribed for manufactures in Composition levy is;(GST
+SGST)
A)
1 %
B)
5%
C)
0.5%
D)
2.5 %
7. The Tax which are levied on an intra-state or
Local supply of goods and / or Services
A) SGST Only
B) CGST Only
C) Both SGST and CGST
D) IGST Only
8. Whether the dealers making the exclusive
supply of Liquor or Petrol, Diesel and Crude Oil should have to take
registration under GST Act?
A)
Yes
B)
No
C)
Optional
D)
Either (A) or (C)
9. ......................... tax is levied on
inter-state supply of goods and services?
A)
CGST
B)
SGST
C)
IGST
D)
VAT
10. Who is called a Deemed Supplier of Services?
A) Job Worker
B) ISD
C) Agent
D) Sister Concern
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