Question 1

Rate of composition got restaurant is ____________.

Accepted Answer

A) 5% 
B) 12% 
C) 18% 
D) 28% 
A) 5% 
B) 12% 
C) 18% 
D) 28% A

Question 2

Input means any goods other than _________goods.

Accepted Answer

A) Capital 
B) Consumables 
C) Consumer 
D) Intangible 
A) Capital 
B) Consumables 
C) Consumer 
D) Intangible A

Question 3

What does these term refere to:
-E Commerce Operators __________________

Accepted Answer

A) 2 (75) of CGST Act 
B) 2(102) of CGST Act 
C) 2(31) of CGST Act 
D) 2(45) of CGST Act 
A) 2 (75) of CGST Act 
B) 2(102) of CGST Act 
C) 2(31) of CGST Act 
D) 2(45) of CGST Act D

Question 4

Goods means every kind of _____ property.

Accepted Answer

A) Movable 
B) Immovable 
C) Unmovable 
D) Movable & Immovable 
A) Movable 
B) Immovable 
C) Unmovable 
D) Movable & Immovable

Question 5

Time period within which invoice has to be issued in case of movable gods ____________

Accepted Answer

A) Before or at the time of removal of goods 
B) On or rather delivery of good 
C) After removal of goods 
D) None 
A) Before or at the time of removal of goods 
B) On or rather delivery of good 
C) After removal of goods 
D) None

Question 6

Input means _________

Accepted Answer

A) Any goods of Excluding capital goods 
B) Any goods including capital goods 
C) Capital Goods only 
D) Capital goods used for the furtherance of the business. 
A) Any goods of Excluding capital goods 
B) Any goods including capital goods 
C) Capital Goods only 
D) Capital goods used for the furtherance of the business.

Question 7

Works of contract in GST is ______________.

Accepted Answer

A) Supply of goods 
B) Supply of Service 
C) Supply of both 
D) Neither supply of goods nor supply of services 
A) Supply of goods 
B) Supply of Service 
C) Supply of both 
D) Neither supply of goods nor supply of services

Question 8

Rate of Tax on platinum CGST and SGST together ______________________.

Accepted Answer

A) 2. 5% 
B) 3% 
C) 18% 
D) 28% 
A) 2. 5% 
B) 3% 
C) 18% 
D) 28%

Question 9

Minimum rate of tax under consumption levy for restaurant services _______

Accepted Answer

A) 1% 
B) 2% 
C) 4% 
D) 5% 
A) 1% 
B) 2% 
C) 4% 
D) 5%

Question 10

What does these term refere to:
-Recipient _______________.

Accepted Answer

A) 2(93) of CGST Act 
B) 2(17) of CGST Act 
C) 2(107) of CGST Act 
D) 2(52) CGST Act 
A) 2(93) of CGST Act 
B) 2(17) of CGST Act 
C) 2(107) of CGST Act 
D) 2(52) CGST Act

Question 11

Which one of the following shall not be treated as supply?

Accepted Answer

A) Rental 
B) Lease 
C) Actionable Claim 
D) License 
A) Rental 
B) Lease 
C) Actionable Claim 
D) License

Question 12

Under GST, smart phones will be taxed at _____________ percent?

Accepted Answer

A) 5 % 
B) 12% 
C) 18% 
D) 28% 
A) 5 % 
B) 12% 
C) 18% 
D) 28%

Question 13

Compute time of supply (in case of supply of toothpaste) when its removal on 25/12/2017, date of invoice 31/12/2017, date of payment 01/01/2019____________

Accepted Answer

A) 25/12/2019 
B) 31/12/2018 
C) 01/01/2020 
D) 25/02/2019 
A) 25/12/2019 
B) 31/12/2018 
C) 01/01/2020 
D) 25/02/2019

Question 14

Ayurvedic products comes under which rate structure?

Accepted Answer

A) 12 % 
B) Nil 
C) 5% 
D) 18% 
A) 12 % 
B) Nil 
C) 5% 
D) 18%

Question 15

Rate of IGST on Motor Car is _____________.

Accepted Answer

A) 5% 
B) 12% 
C) 18% 
D) 28% 
A) 5% 
B) 12% 
C) 18% 
D) 28%

Question 16

Dealers not eligible for opting composition scheme.

Accepted Answer

A) Exporters 
B) Importers 
C) Interstate supplier of goods 
D) Manufacturing dealers 
A) Exporters 
B) Importers 
C) Interstate supplier of goods 
D) Manufacturing dealers

Question 17

What does these term refere to:
-Consideration ____________.

Accepted Answer

A) 2(75) of CGST Act 
B) 2(105) of CGST Act 
C) 2(56) of CGST Act 
D) 2(31) of CGST Act 
A) 2(75) of CGST Act 
B) 2(105) of CGST Act 
C) 2(56) of CGST Act 
D) 2(31) of CGST Act

Question 18

On which one of the following items, GST will be levied?

Accepted Answer

A) Aviation Fuel 
B) Natural Gas 
C) High Speed Diesel Oil 
D) Liquefied Petroleum Gas 
A) Aviation Fuel 
B) Natural Gas 
C) High Speed Diesel Oil 
D) Liquefied Petroleum Gas

Question 19

Which of the following tax rate is not applicable under the GST?

Accepted Answer

A) 5 
B) 12 
C) 28 
D) 25 
A) 5 
B) 12 
C) 28 
D) 25

Question 20

Mr. A is supplier opted composition scheme when he is required to file his return in respect of supply of October 2017 to Dec 2017.

Accepted Answer

A) 10th January 2018 
B) 15th January 2018 
C) 18th January 2018 
D) 20th January 2018 
A) 10th January 2018 
B) 15th January 2018 
C) 18th January 2018 
D) 20th January 2018

Rate of composition got restaurant is ____________.

Input means any goods other than _________goods.

What does these term refere to: -E Commerce Operators __________________

Goods means every kind of _____ property.

Time period within which invoice has to be issued in case of movable gods ____________

Input means _________

Works of contract in GST is ______________.

Rate of Tax on platinum CGST and SGST together ______________________.

Minimum rate of tax under consumption levy for restaurant services _______

What does these term refere to: -Recipient _______________.

Which one of the following shall not be treated as supply?

Under GST, smart phones will be taxed at _____________ percent?

Compute time of supply (in case of supply of toothpaste) when its removal on 25/12/2017, date of invoice 31/12/2017, date of payment 01/01/2019____________

Ayurvedic products comes under which rate structure?

Rate of IGST on Motor Car is _____________.

Dealers not eligible for opting composition scheme.

What does these term refere to: -Consideration ____________.

On which one of the following items, GST will be levied?

Which of the following tax rate is not applicable under the GST?

Mr. A is supplier opted composition scheme when he is required to file his return in respect of supply of October 2017 to Dec 2017.

Concepts Related to GST in India

Goods and Services Tax GST and Indirect Taxes in India

GST and Taxation

Implications and Implementation of GST in India

Filters

Exam 5: GST Consideration, E-Commerce, and Tax Rates

Rate of composition got restaurant is ____________.

Input means any goods other than _________goods.

What does these term refere to: -E Commerce Operators __________________

Goods means every kind of _____ property.

Time period within which invoice has to be issued in case of movable gods ____________

Input means _________

Works of contract in GST is ______________.

Rate of Tax on platinum CGST and SGST together ______________________.

Minimum rate of tax under consumption levy for restaurant services _______

What does these term refere to: -Recipient _______________.

Which one of the following shall not be treated as supply?

Under GST, smart phones will be taxed at _____________ percent?

Compute time of supply (in case of supply of toothpaste) when its removal on 25/12/2017, date of invoice 31/12/2017, date of payment 01/01/2019____________

Ayurvedic products comes under which rate structure?

Rate of IGST on Motor Car is _____________.

Dealers not eligible for opting composition scheme.

What does these term refere to: -Consideration ____________.

On which one of the following items, GST will be levied?

Which of the following tax rate is not applicable under the GST?

Mr. A is supplier opted composition scheme when he is required to file his return in respect of supply of October 2017 to Dec 2017.

Concepts Related to GST in India

Goods and Services Tax GST and Indirect Taxes in India

GST and Taxation

Implications and Implementation of GST in India

Filters