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Gst Council Quiz 7 (25 MCQs)

Quiz Instructions:

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1. In Accounting software _____ classify to their nature.
2. On Import of Goods & Services Which GST is applicable:
3. When the goods and services are sold for Rs. 15000 under intra-state transaction from station A to a station B and the rate of GST is 12%, then C.P. at station B will be Rs.
4. Can we see Percentage wise sales and purchase in GSTR-3B report?
5. A special purpose vehicle _____ has been launched to cater the needs of GST.
6. Debit note is issued:
7. Due to the present situation of Covid-19 the filling of GSTR-1 and GSTR-3B for February, March and April 2020 is extended to
8. What is the time of supply of service in case of reverse charge mechanism?
9. ABC Ltd of Mumbai supplied goods to XYZ Ltd of Delhi under a contract for the goods to be delivered at the factory of the buyers. Goods removed from the factory of ABC Ltd on 19.08.2018 and were delivered in the factory of XYZ Ltd. Of Delhi on 26.08.2018. Invoice for the supplies were raised by ABC Ltd on 18.08.2018. Payment of the bill was received on 20.09.2018. The time of supply in this case under GST should be taken as?
10. In which year GST was imposed in India?
11. Indian GST Model has how many rate structures
12. Kamal has supplied goods to Mr.X on 24.12.2017. The invoice had already been raised on 22.12.2017. Mr.X had paid the due amount on 29.12.2017. The receipt was entered into in the books of account by Kamal on 30.12.2017. But the same was credited in his bank account on 02.01.2018. In this case, the time of supply shall be?
13. Which Deduction is allowed from transaction value?
14. FINANCE MINISTRY IS HEADED BY
15. Goods & Services Tax is tax on:
16. Can GSTR-3B returns revised after submitting the return?
17. Goods sold from Mumbai to Pune is the example of _____
18. GSTIN is a _____ digit PAN based registration number.
19. What is highest rate of GST?
20. When was the Goods and Services Tax GST levied in India?
21. What is the time of supply of service if the invoice is not issued within 30 days from the date of provision of service
22. The marked price of an article = Rs. 20, 000 and rate of GST on it = 28%. A shopkeeper buys this article at a reduced price and sells it at its marked price. If the shopkeeper paid Rs. 308 as CGST to the government, find the amount (inclusive of GST) paid by the shopkeeper.
23. GST is applicable in:
24. The IGST is charged by?
25. Which of the following is not one of the category of Indirect tax rates under GST?
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