1. Input tax credit as per the VAT law will be carried forward as: 

(a) CGST 
(b) SGST 
(c) IGST 
(d) CGST or SGST at the option of the supplier 

2. Which among the following is not admissible as Opening CGST? 

(a) Krishi Kalyan Cess 
(b) Education Cess 
(c) Service Tax 
(d) Swachh Bharat Cess 

3. Who among the following persons are allowed to carry forward credit under the CGST/ SGST law? 

(a) COT dealers not required to take registration under GST law in view of minimum threshold turnover 
(b) Regular dealers under the earlier law and opting for COT scheme under the GST law 
(c) Regular dealers under the earlier law and NOT opting for COT scheme under GST law 
(d) COT dealers under earlier law and continuing for COT scheme under GST law 

4. Can a principal supply inputs and/or capital goods from the job-worker’s premises? 

(a) Yes, only when the job-worker is registered 
(b) Yes, even if the job-worker is unregistered by declaring the job-worker’s premises as his additional place of business 
(c) Yes, irrespective of whether the job-worker is registered or not, principal is engaged in the supply of goods which are notified by the Commissioner on this behalf 
(d) All of the above 

5. Mr. X has sent his goods to Mr. Y on job-work on 07-05-2017. From when it will be considered as deemed supply if not received back within one year? 

(a) 06-05-2018 
(b) 07-05-2017 
(c) 03-11-2018 
(d) Not Taxable 

6. If the inputs are not received back within the prescribed limit by the principal then, who is responsible to pay the GST? 

(a) Job worker 
(b) Principal 
(c) Job worker is responsible when sending such inputs and Principal needs to reverse the ITC taken earlier. 
(d) None of the above 

7. If the inputs or capital goods are considered as deemed supply in the hands of principal then, whether ITC of such output tax charged by the principal can be claimed by the Job worker? 

(a) Yes 
(b) No 
(c) Such claim cannot be made
(d) None of the above

8. What is location of supply in case of importation of goods? 

(a) Customs port where the goods are cleared 
(b) Location of the importer 
(c) Place where the goods are delivered after clearance from customs port 
(d) Owner of the goods 

9. Real estate agent in Delhi charges brokerage fee to Company A located in Chandigarh for assistance in getting a commercial property in Kolkata. Which is the place of supply in this case? 

(a) Delhi 
(b) Chandigarh 
(c) Kolkata
(d) None of the above  

10. What is the place of supply of service where a restaurant provides catering service at the premise of the customer? 

(a) Address of the restaurant from where the food is supplied 
(b) Customer premise where catering service is provided
(c) Both (a) & (b)
(d) None of the above 

More MCQs on Goods and Services Tax (GST)