Question 1

What does these term refere to:
-Supplier ______________.

Accepted Answer

A) 2(107) of CGST Act 
B) 2(105) pf CGST Act 
C) 2(84) of CGST Act 
D) 2(52) of CGST Act

Question 2

Composition levy applicable to tax prayer whose turnover not exceed ___________-

Accepted Answer

A) 20 lakhs 
B) 50 lakhs 
C) 80 lakhs 
D) 150 Lakhs

Question 3

"Exempt Supply "means supply of any goods or services or both which attracts _______________rate of tax.

Accepted Answer

A) Zero 
B) Nil 
C) Not mentioned in the act 
D) One

Question 4

Compute time of supply (0in case of Supply of Soap) when its removal on 25/11/2017, Date of invoice 21/11/2017.

Accepted Answer

A) 25/11/2017 
B) 21/11/2017 
C) 1/12/2017 
D) 21/10/2017

Question 5

Rate of Tax for composition for restaurant is ___________.

Accepted Answer

A) 1% 
B) 2% 
C) 5% 
D) 12%

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

What does these term refere to: -Supplier ______________.