1. A Special Audit is conducted with prior permission of the Commissioner for a detailed examination on a focused issues like:

(a) Incorrect declaration of the Transaction Value
(b) Credit availing above the normal limits
(c) Any of the above (A) or (B)
(d) None of the above

2. A special Audit is conducted by :

(a) The CGST Officials
(b) The SGST Officials
(c) CA or Cost Accountant nominated by the Commissioner
(d) Any of the above

3. The Special Audit report is to be submitted normally within a period of :

(a) 30 days
(b) 60 days
(c) 90 Days
(d) 180 days

4. The expenses for conducting a special audit are met by:

(a) The Government 
(b) The Dealer
(c) The CA who originally conducted the audit
(d) Any of the above

5. The time period for applying for Refund will be:

(a) Before the expiry of 3 months from the relavant date
(b) Before the expiry of 6 months from the relavant date
(c) Before the expiry of One Year from the relavant date
(d) Before the expiry of Two Years from the relavant date

6. In GST, all the excess ITC will be carried forwarded to next financial years without any break except that on :

(a) Zero Rated Supply
(b) Inverted Tax Structure
(c) Either (a) or (b)
(d) Both (a) and (b)

7. In GST, the eligible Refund amount otherwise ineligible due to some prescribed reasons are credited:

(a) To the declared bank account of the dealer automatically
(b) To the Cash Deposit Ledger of the dealer
(c) To the ITC Credit Ledger Account
(d) To the Consumer Welfare Fund

8. The prescribed time period for the disposal of a refund application in GST will be:

(a) Within 180 days
(b) Within 90 days
(c) Within 60 Days
(d) Within 30 Days

9. In case of some notified category of taxable persons making exports, what proportion of the refund excluding provisional ITC claim will be granted without any document verifications?

(a) 20%
(b) 40%
(c) 60%
(d) 80%

10. What types of refund are directly given instead of crediting in to the Consumer welfare fund?

i. Refund on Export
ii. Unutilised portion of ITC
iii. Tax or any other amount paid without passing to some one else.
iv. Tax born by notified class of taxable persons


(a) i, ii & iii
(b) i, ii & iv
(c) ii, iii & iv
(d) i, ii, iii & iv

More MCQs on Goods and Services Tax (GST)