1 Introduction of GST

YOU ONLY FAIL

WHEN...
YOU STOP TRYING

BY
CA Vishal Bhattad

21
4
 MCQ’s
Q. 1. __________ was first country to adopt GST as government behind the introduction of the Goods
indirect system of taxation. & Service tax act?

y
(a) France (a) To bring uniformity of taxes in the country
(b) Germany (b) To increase the government revenue
(c) UK (c) To replace all indirect taxes
(d) India

m
(d) All of the above
Ans:- a b c d Ans:- a b c d

Q. 2. The GST is recommended by the __________ on Q. 9.Which article of the Constitution outlines the
implementation of the Fiscal Responsibility and composition and functions of the GST Council ?
Budget Management (FRBM) Act, 2003 (a) 270

e
(a) Kelkar Task Force (b) 279-A
(b) Chidambaram Task Force (c) 246-A
(c) Jaitely Task Force (d) 269-A
(d) None of the above Ans:- a b c d

ad
Ans:- a b c d
Q. 10 GSTN is a -----------
Q 3:- What kind of tax can be transferred from one (a) Non-profit organisation
person to another? (b) Profit organisation
(a) Direct tax (c) None of the above
(b) Indirect tax (d) One Person company
(c) Both of the above Ans :- a b c d
(d) None of the above
Ac
Ans:- a b c d
Q 11:- Who of the following will be the members of the
GST Council?
Q 4:- What is the difference between a direct & an 1. Union Finance Minister
indirect tax? 2. Union Minister of State in charge of Revenue or
(a) Charge of levy Finance
(b) Nature of transfer 3. Chief Ministers of States
(c) Different collection pattern of tax (a) 1 & 3
(d) All of the above (b) 1 & 2
Ans:- a b c d
(c) 2 & 3
t

(d) All of the above

Q 5:- When did the GST act come into force? Ans:- a b c d
(a) Year 2015
ar

(b) Year 2016 Q 12:- Who amongst the following will be considered
(c) Year 2017 as the chairman of GST Council ?
(d) None of the above (a) Union Minister of State
Ans:- a b c d (b) Union Finance Minister
(c) Minister of state revenue
Q 6:- Which of the following constitutional amendment (d) Chief Minister of state
Sm

governs GST act? Ans:- a b c d

(a) 101 st amendment,
(b) 122 nd amendment, Q 13:- Which of the following functions are performed
(c) 152 nd amendment by Goods & Service Network (GSTN)?
(d) 140 th amendment, (a) Facilitating registration
Ans:- a b c d (b) Computation & settlement of IGST
(c) Matching of tax payment details with banking
Q 7:- What kind of tax is GST called as..? network
(a) Consumption based tax (d) All of the above
(b) Movement based tax
V’

Ans:- a b c d
(c) Destination based tax
(d) None of the above Q 14:- What does dual GST concept mean?
Ans:- a b c d (a) Charging CGST & IGST
(b) Charging SGST & IGST
Q 8:- Which of the following is the main motive of the (c) Charging both CGST & SGST

2
(d) None of the above Ans:- a b c d

Ans:- a b c d
Q 22:- The proceeds of the GST Compensation Cess
Q 15:- What kinds of taxes are subsumed under GST? leviable under section 8 shall be distributed

y
(a) Central excise duty among States as and when collected.
(b) State VAT/Sales Tax a) Yes
(c) Central Sales Tax b) No

m
(d) Service Tax c)
(e) All of the above d)
Ans:- a b c d Ans:- a b c d

Q 16:- Which of the taxes are out of purview of GST? Q.23. If a state loses revenue because of abolition of
(a) Property tax & stamp duty

e
central sales tax, Central Government will pay
(b) Additional duties of Custom (CVD & SAD) compensation in the form of GST compensation cess
(c) Excise duty on Alcohol for:
(d) Entertainment tax by local body (a) 1 year

ad
(e) Only (a) & (c) (b) 3 years
Ans:- a b c d (c) 5 years
(d) 10 years.
Q 17 :- Which of the following good will not be covered Ans:- a b c d
under the GST act?
(a) Cooking gas Q. 24. Which of the following statement is correct ?
(b) Liquor (A) GST is based on principle of ‘pay as you earn’.
(c) Petrol (B) GST is a destination based tax.
Ac
(d) Both b & c above (c) GST is technically paid by consumers but it is
Ans:- a b c d actually funded by suppliers.
(D) All of the above
Q. 18:-.GST is levied on supply of all goods and Ans:- a b c d
services except:
(a) Alcoholic liquor for human consumption Q.25 The term 'public interest' is ----------vague and
(b) Tobacco uncertain.
(c) Health care services a) Definitely
(d) All of the above b) not
Ans:- a b c d
t

c) To an extent
d) Both (a) and (c) are correct
Q 19:- How many Companies are given permission to Ans:- a b c d
ar

act as GST Suvidha Providers?

a) 30 Q.26.Whether IGST revenue is to be apportioned to
b) 34 state?
c) 40 (a) No
d) 20 (b) Yes- apportioned to origin state
Ans:- a b c d (c) Yes- apportioned to destination state
Sm

(d) Discretion of Parliament

Q. 20:- The Authority shall consists of? Ans:- a b c d
a) 1 Chairman & 1 Technical member
b) 1 Chairman & 2 Technical members Q. 27.Who will legislate GST law?
c) 1 Chairman & 3 Technical members (a) State Legislature
d) 1 Chairman & 4 Technical members (b) Parliament
Ans:- a b c d (c) Both
(d) Depends upon nature of supply
Q 21:- Who will notify the rate of tax to be levied under Ans:- a b c d
CGST?
V’

(a) Central government suo moto Q. 28.Presently GST law/Act extends to —

(b) State government suo moto (a) All States (except the State of J&K)
(c) GST council suo moto (b) All States as well as all Union territories
(d) Central government as per recommendations of (c) All States (except the State of J&K) and All Union
the GST council territories
(d) All States (except the State of Telangana) but

23
4
Ans:- a b c d Q 36:- Which of the following supplies will be classified
as Inter-state supply?
Q. 29.The recommendation of the GST Council will be (a) Supply within same state
__________ . (b) Supply within same union territory

y
(a) Mandatory (c) Supply between two different states/ union
(b) Only Advisory Power territory
(c) Mandatory and sometimes Advisory (d) None of the above

m
(d) Mandatory on States only Ans:- a b c d
Ans:- a b c d
Q 37:- What is Integrated Goods and Services Tax?
Q.30.One of the following states does not fall under (a)Tax imposed on import or export of goods and
special category given under Article 279A of the services
Constitution (b)Tax imposed on value additions to exports

e
(a) Himachal Pradesh (c)Tax imposed on interstate trade
(b) Uttarakhand (d)Both a & c above
(c) Chhattisgarh Ans:- a b c d
(d) Jammu & Kashmir

ad
Ans:- a b c d Q. 38.The items which will be taxable both under
current Central Excise Law and GST even after
Q. 31.Goods and Services Tax (Compensation to the the implementation of the GST Act.
States) Act, 2017 is popularly known as ----------. (a) Motor Spirit
a) GST CSA (b) Alcoholic Liquor for Human Consumption
b) GST Compensation Cess Act (c) Tobacco and Tobacco Products
c) GST Cess Act (d) Natural Gas
d) GST Compensation Act
Ac
Ans:- a b c d
Ans:- a b c d

Q. 39. What does “I” stand for IGST or CT for CGST or

Q 32. GST is levied on which of the following? Stand for SGST ?
(a) Sale of goods (a) International , Central, State
(b) Manufacture of goods (b) Integrated, Central, State
(c) Provision of services (c) Integral , Central, State
(d) Supply of goods/ services (d) Intra, Central, State
Ans:- a b c d Ans:- a b c d
t

Q 33:- Which of the following would attract levy of Q 40:- ITC of CGST can be utilised for payment of
CGST & SGST? (a) Only CGST
(a) Inter-state supplies (b) Only SGST
ar

(b) Intra-state supplies (c) 1st CGST & then IGST

(c) Any of the above (d) 1st SGST & then IGST
(d) None of the above Ans:- a b c d
Ans:- a b c d

Q 41:- ITC of SGST can be utilised for payment of

Q 34:- What are the taxes levied on an intra-state (a) Only CGST
Sm

supply? (b) Only SGST

(a) CGST (c) 1st CGST & then IGST
(b) SGST (d) 1st SGST & then IGST
(c) CGST & SGST Ans:- a b c d
(d) IGST
Ans:- a b c d Q 42:- ITC of IGST can be utilised for payment of
(a) Only CGST
Q. 35. If any supply made by a trader from Delhi to (b) Only SGST
another trader in Delhi, the supply will be subject (c) Only CGST & SGST
V’

to: (d) 1st IGST 2nd CGST & then SGST

(a) CGST and SGST Ans:- a b c d
(b) CGST and UTGST
(c) IGST Q. 43. For purposes of GST law, the territory of “India”
(d) SGST and UTGST. shall be taken to cover up following:
Ans:- a b c d

4
 (a) Sea Area upto 12 nautical miles from base line c. Both (a) and (b)
(b) Sea Area upto 200 nautical miles from base line d. None of the above
(c) Air space above its territory and territorial waters Ans:- a b c d
(d) All of the above

y
Ans:- a b c d Answer:-

Q.44 . Which of the following type of GST is payable on 1 a 30 c

m
all Inter-State supply of goods and / or services ?
(a) State GST (SGST) 2 a 31 b
(b) State GST (SGST) & Integrated GST (IGST)
(c) Central GST (CGST) & integrated GST (IGST) 3 b 32 d
(d) Integrated GST (IGST)
Ans:- a b c d 4 d 33 b

e
5 c 34 c
Q.45. Which of the following is not the role of GSTN in
GST regime? 6 a 35 b
(a) Facilitating registration, forwarding return to Central

ad
and State authorities. 7 c 36 c
(b) Computation and Settlement of IGST, matching tax
payment details with banking network 8 d 37 d
(c) Providing platform for litigation
(d) Providing various MIS reports to Central and State 9 b 38 c
Governments, providing analysis on tax payers
profile, running the matching engine, reversal and 10 a 39 c
reclaim of Input tax credit
Ac
11 b 40 c
Ans:- a b c d
12 b 41 d
Q.46. Officers under SGST Act shall be deemed to be
the officers appointed under: 13 d 42 d
(a) Income tax Act, 1961
(b) Customs Act, 1962 14 c 43 d
(c) CGST Act
(d) None of the Above 15 e 44 d
Ans:- a b c d
t

16 e 45 c
Q. 47. Officers under which Act shall be deemed to be
17 d 46 c
the officers appointed under the provisions of
ar

CGST Act: 18 a 47 a
a. Central Excise Act, 1944
b. Central Sales Tax Act, 1956 19 b 48 c
c. Delhi Value Added Tax Act, 2004
d. Customs Act, 1962 20 d 49 a
Ans:- a b c d
Sm

21 d
Q. 48. The officers appointed under which of the
following Acts are authorised to be the proper 22 b
officers for the purposes of the CGST Act, 2017:
23 c
a. State Goods and Services Tax Act
b. Union Territory Goods and Services Tax Act 24 b
c. Both (a) and (b)
d. None of the above 25 b
Ans:- a b c d
26 c
V’

Q. 49. The Commissioner may, subject to such

conditions and limitations as may be specified in 27 a
this behalf by him, delegate his powers to:
a. Any other officer who is sub-ordinate to him 28 d
b. Any other officer who is senior to him
29 b

25
4
2 Levy of GST

DON'T WATCH THE CLOCK;

DO WHAT IT DOES KEEP GOING

Think GST
Think Vishal Sir..!
1 What is the taxable event under GST? c. Both (a) and (b)
a. Manufacturing of goods d. None of the above
b. Sales of goods Ans:-
c. Provision of Services

y
d. Supply 8. A person who occasionally undertakes transactions
Ans:- a b c d involving supply of goods or services or both,
whether as principal or agent or in any other

m
2. what are different types of supply covered under capacity, but who has no fixed place of business or
scope of supply residence in India is:
a. Supplies made with consideration a. Non–resident taxable person
b. Supplies made without consideration b. Composition dealer
c. Both of the above c. Registered person

e
d. None of the above d. Casual taxable person
Ans:- a b c d Ans:- a b c d

3. Output tax in relation to a taxable person under the 9. Which of the following is a non–taxable supply under

ad
CGST Act, 2017 includes: the CGST Act, 2017:
a. Tax chargeable on taxable supplies made by him a. Supply on which GST levy is not attracted under Sec
b. Tax chargeable on taxable supplies made by his 9 of CGST Act
agent b. Supply on which GST levy is not attracted under Sec 5
c. Tax payable by him under reverse charge of IGST Act
d. Both (a) and (b) c. Supply on which GST levy is not attracted under Sec 9
Ans:- a b c d of CGST Act as well as Sec 5 of IGST Act
Ac d. Supply on which GST is exempted by Government
4. The term “place of business” includes: upon recommendation of GST Council
a. Place from where business is ordinarily carried out Ans:- a b c d
including godown, warehouse, etc.
b. Place where a taxable person maintains his books of 10. Amit of Delhi is participating in Ayush Furniture
account Expo in Haryana where he has no fixed place of
c. Place where taxable person is engaged in business business and exhibiting his products. During the
through an agent expo, the said products will be sold to the people
d. All the above attending and intending to purchase such products
Ans:- a b c d including foreign buyer. In such scenario, Amit
t

shall obtain which of the following registration

5. which of the following activity is treated as supply in under the CGST Act, 2017:
accordance with section 7 of CGST Act a. Non–resident taxable person registration
ar

a) Mr. Raj sold electronic gadgets to XYZ Co. b. Casual taxable person registration
b) Mr. Veer Supply Beer Shampoo to M/s priya c. Regular taxpayer registration
c) Vijay Electronics disposed scrap part of electric unit d. No registration under GST required.
to a scrap dealer Ans:- a b c d
d) All of the above
Ans:- a b c d 11. “Manufacture” means processing of raw material or
Sm

inputs in any manner that results in emergence of

6. Supplier within the meaning of supply includes ………………
a .Person supplying goods a. A new product having a distinct name, character and
b. Person providing services use
c. Both b. An old product having a distinct name, character and
d. None of the above use
Ans:- a b c d c. A new product having a distinct name
d. Either (a) or (b)
7. The term ‘casual taxable person’ includes: Ans:- a b c d
V’

a. A person occasionally supplying goods or services or

both in a State or a Union territory where he has no
fixed place of business.
b. A person occasionally supplying goods or services or
both in a State or a Union territory where he has fixed
place of business.
12. ‘P’ Ltd. has its registered office under the
Companies Act, 2013 in the State of Maharashtra. It
also has a corporate office in the State of Telangana.
What will be the place of business of ‘P’ Ltd. under
the CGST Act, 2017?

6
 a. Telangana 19. What is the statue of ‘lottery as an actionable claim’
b. Maharashtra under GST law
c. Both (a) and (b) a. Treated as ‘Goods’
d. None of the above b. Treated as ‘Services’

y
Ans:- a b c d c. Treated as ‘goods’ but out of scope of supply
d.Treated as ‘goods’ and remains within scope of supply
13 Which among the following are zero rated supplies? Ans:- a b c d

m
a. Exports
b. Supplies to SEZ 20. "Services" means anything other than goods,
c. Exports and Imports money and securities includes
d. Both (a) and (b) a. Activities relating to the use of money or its
Ans:- a b c d conversion by cash

e
b. Immovable property
14. An exempt supply includes c. Securities
a. Supply of goods or services or both which attracts Nil d. Actionable claims
rate of tax Ans:- a b c d

ad
b. Non-taxable supply
c. Supply of goods or services or both which are wholly 21 Activity of ‘supply of money’ by Bank to a business
exempt from tax under Section 11 of the CGST Act or entity on interest -
under Section 6 of IGST Act a. Treated as ‘Supply of Goods’
d. All of the above b. Treated as ‘Supply of Services’
Ans:- a b c d c. Treated as ‘Supply of Services’ to the extent it is
relating to use of money
Ac
15 As per Section 2(47) of CGST Act, 2017, exempt d. None of the above
supply includes the supply of following type of Ans:- a b c d
goods and services:
a. Supply attracting nil rate of tax 22. Activity of ‘conversion of money/ foreign exchange’
b. Supplies wholly exempt from tax, by way of a by Bank/ Authorized Dealer to a business entity on
notification; interest
c. Non-taxable supply a. Treated as ‘Supply of Goods’
d. All of the above. b. Treated as ‘Supply of Services’
Ans:- . a b c d c. Treated as ‘Supply of Services’ and attracts GST
payment is made to end user
t

16 Goods under CGST Act excludes: d. Treated as ‘Supply of Services’ and attracts GST
a. Securities payment when made to another Bank/ Authorized
b. Unsecured debts Dealer
ar

c. Right to participate in the draw to be held in a lottery Ans:- a b c d

d. Growing crops.
Ans:- a b c d 23. Which of the following activities will be considered
as a supply of service
17. The term ‘goods’, as defined under section 2(52) of a. Mr A borrows an amount of ` 1, 50,000 from one of
the CGST Act, 2017, does not include- his relative Mr Q and agrees to repay the entire
Sm

a. Grass amount with interest after a year.

b. Money and securities b. M/s Raj enterprises applied for loan from SBI Bank
c. Actionable claims against which a processing fees and interest is
d. Growing crops charged by the bank
Ans:- a b c d c. Mr H exchanged INR against purchase of US $ for
which a commission was charged
d. All of the above.
18. What is the statue of ‘money and securities’ under Ans:- a b c d
GST law
V’

a. Treated as ‘Goods’ 24. which of the following is not a business activity

b. Treated as ‘Services’ a. Ms. Pooja sold her old jeweller
c. Treated neither as ‘Goods’ nor as ‘Services’ b. Mr. rajesh sold his business car
d. Status is not clear c. (a) or (b)
Ans:- a b c d d. None of the above
Ans:- a b c d

27
4
 payable by Principal (A Ltd.)
25. When will the recipient and supplier be treated as d. shall attract GST as further supply – such further GST
related persons under GST? payable by Agent (Mr C)
a. Where such persons are employer and employee Ans:- a b c d

y
b. Where one of them directly or indirectly controls
other 29. Smart pvt ltd has head office located in Bangalore
c. Where such persons are officers or directors of one (Karnataka). However, the branch of Smart pvt ltd

m
another’s business is located in state of Gujarat. Will be treated as -----
d. All of the above -------------- under GST Act?
Ans :- a b c d a. deemed distinct
b. principle and Agent
26. Mr. A has received technical consultancy services c. Both (a) or (b)

e
from IT Star Consultants, USA. The import of d. None of the above
technical consultancy will not be liable to GST if- Ans:- a b c d
(I) Mr. A pays some consideration for the services
received 30. In which of the following cases, import of services is

ad
(ii) Mr. A pays some consideration for the services taxable under GST?
received and if Mr. A uses the said service for (1) Import of service with consideration in course or
business purposes furtherance of business.
(iii) Mr. A uses the said service for business (2) Import of service with consideration not in course or
purposes even though he does not pay any furtherance of business.
consideration for the same (3) Import of service without consideration from a
(iv) Mr. A uses the said service for personal purposes related person in course or furtherance of
Ac
and does not pay any consideration for the same business.
and is also a partner in IT Star Consultants (4) Import of service without consideration from a
(v) Mr. A uses the said service for business purposes related person not in course or furtherance of
and does not pay any consideration for the same business.
and is also a partner in IT Star Consultants a. (1) and (3)
a. (I), (ii), (v) b. (2) and (4)
b. (ii), (iii) and (v) c. (1), (2) and (3)
c. (iii), (iv) d. (4)
d. (iii), (iv) and (v) Ans:- a b c d
Ans: a b c d
t

31. A Ltd. Holding entity made certain transfer of fixed

27 . A Ltd. (GST registered in Delhi) has appointed Mr C asset on permanent basis to its subsidiary X Ltd.
(UP) to act as his agent and supply goods on his entity without any consideration. Does the same
ar

behalf to buyers in UP. A Ltd. has dispatched first classify as a supply under GST?
lot of 10,000 units to Mr C (UP) for sales to buyers in a. Yes
UP. Such dispatch to Mr C (UP) : b. No
a. Be treated as ‘supply’ c. On prior Permission of Government
b. Not be treated as ‘supply’ d. Not any
c. Will be treated as supply subsequently Ans:- a b c d
Sm

d. None of the above

Ans:- a b c d
28. A Ltd. (GST registered in Delhi) appointed Mr C (UP)
to act as his agent and supply goods on his behalf
to buyers in UP. A Ltd. dispatched first lot of 10,000
units to Mr C (UP) for sales to buyers in UP paying
IGST on such dispatch supply. These GST paid
goods were subsequently sold by Mr C (UP)- the
V’
32. ABC Ltd. provides certain services to Mr. Joy who
holds 35% of the voting right in the company. The
transfer made was without any consideration.
Does the same qualify as supply?
a. Yes, if made in the course or furtherance of business
b. No, since made without any consideration
c. Not a supply
d. Yes

agent. He issued his invoice to the buyer too. Such Ans:- a b c d

subsequent sale to buyer -
a. shall not attract GST as GST has already been paid
on such goods
b. shall attract GST as further supply
c. shall attract GST as further supply – such further GST
33. Mr. Amar being a managing director of Alpha Project
Pvt. Ltd. made gifts to his employees worth of INR
60,000 each for assisting in the architectural work
of his house. Does the same be considered supply?
a. Yes, since the value of gift exceeds the provided limit

8
 of INR 50,000 c. Does not qualify as supply
b. No, since the gift is not made in course or furtherance d. Supply on the prior permission of Government
of business Ans:- a b c d
c. As per the option of appropriate authority

y
d. No 40. Ram has received a sum of ` 5,00,000 from his
Ans:- a b c d employer on premature termination of his contract
of employment. The GST implication will be:

34. ABC Pvt. Ltd. makes certain supplies to Mr. X and
Mr. Z. Both of them hold 51% of the voting rights
in the company and exercise major stake in the
decision making. Does the same supply stands
as related party transaction?
m
a. It is not a supply, hence not chargeable to GST.
b. It is a supply without consideration, hence not
chargeable to GST.
c. It is a supply, hence chargeable to GST.
d. It is not supply, but exemption is there.

e
a. Yes Ans:- a b c d
b. No
c. As per the opinion of the appropriate authority 41. GST is payable on the services provided by the
d. None of the above employee to the employer in the course of

ad
Ans:- a b c d employment on:
a. Regular basis;
35. Supply of food or drink items in a restaurant as per b. Contract basis as employed by the company;
CGST Act is------------ c. Contract basis as employed by a contractor;
a. Supply of goods d. None of the above.
b. Supply of service Ans:- a b c d
c. not a supply under GST
d. none of the above
Ac 42. Which of the following activity shall be treated
Ans:- a b c d neither as a supply of goods nor a supply of
services?
36. Mr. A, being a Director of ABC Pvt. Ltd. Is provided a (i) Permanent transfer of business assets where input
car which he uses for his personal purpose. Does tax credit has been availed on such assets
the same classify as supply? If yes under which (ii) temporary transfer of intellectual property right
group? (iii) transportation of deceased
a. Yes, supply of goods (iv) services by an employee to the employer in the
b. Yes, supply of services course of employment
c. Does not qualify as supply a. (i) & (iii)
t

d. None of the above b. (ii) & (iv)

Ans:- a b c d c. (i) & (ii)
d. (iii) & (iv)
ar

37. What shall be the proper classification of Renting of Ans:- a b c d

immovable property under supply?
a. Supply of Goods 43. As per the CGST Act, 2017, the term “works
b. Supply of Services contract” includes:
c. Does not qualify as supply a. Construction, fabrication, completion, erection,
d. None of the above installation, etc. of movable property
Sm

Ans:- a b c d b. Construction, fabrication, completion, erection,

installation, etc. of immovable property
38. ABC Ltd. offers a software to businesses for c. Both (a) and (b)
smooth processing of returns and accounts. d. None of the above
Such software shall be considered as: Ans:- a b c d

a. Supply of Goods
b. Supply of Services 44. While repairing the factory shed, few goods were
c. Does qualify as supply also supplied along with the labour service.
d. None of the above Whether it is a :
V’

Ans:- a b c d a. Composite Supply

b. Mixed Supply
39. Temporary transfer or permitting use of intellectual c. Works Contract Service
right or property is classified as: d. None of the above
a. Supply of goods Ans:- a b c d
b. Supply of services

29
4
 45. What type of supply shall transfer of title in goods a. Supply and chargeable to GST
under works contract constitute? b. Supply but not chargeable to GST
a. Supply of Goods c. Not supply and hence not chargeable to GST
b. Supply of services d. None of the above.

y
c. Either of the two at the option of authority Ans:- a b c d
d. None of the above
Ans:- a b c d 52. Mr. Vishal has head office in pune and has branches

m
in state of Gujarat, Goa, and Punjab. Mr. Vishal
46. Mr. A has sold his old furniture of the house. Does send goods to its branch Goa worth ` 2,50,000 in
this constitute a supply? a own conveyance. Value of conveyance `
a. Yes 15,00,000 and With the conveyance some tools
b. No and spares parts are also send worth ` 50,000.

e
c. Maybe Calculate total value of taxable supply on which
d. None of the above GST is payable.
Ans:- a b c d a. 3,00,000
b. 2,50,000

ad
47. Ajay let out his land for tenancy for a period of 3 c. 18,00,000
years to Mohan. Such tenancy shall be classified d. 15,50,000
as: Ans:- a b c d
a .Supply of goods
b. Supply of services 53. Mr. X is a dealer of new cars. He sells new cars for
c. Either of the two `8,25,000 agrees to reduce ` 1,25,000 on
d. None of the above surrendering of old car. Mr. Y who intends to buy
Ans:- a b c d
Ac new car worth ` 8,25,000 agreed to exchange his
old car with new car. Under GST law, if Mr. X and
48. High sea sales are considered as supply under GST. Mr.Y is registered person, who will be liable to pay
True or False? GST and what is the value.
a. Yes a. X on 825000 and Y on 125000
b. No b. X on 700000 and Y on 125000
c. May be c. only X on 700000
d. None of the above d. only Y on 125000
Ans:- a b c d Ans:- a b c d
t

49. Michael Ltd. of US supplies certain goods to ABC 54. There is a difference in taxability of goods forming
Pvt. Ltd. of Mumbai. Before goods reach Mumbai part of composite supply and mixed supply. Here
port, it supplies those goods to XYZ Pvt. Ltd. by are few examples from which you need to identify
ar

transfer of documents of title to goods. What kind which is correct example of composite supply and
of transaction is this? mixed supply.
a. Transfer i) Mr. A buys a car and purchases warranty and
b. High sea sales maintenance of the car by paying nominal amount.
c. Composite supply Car, warranty and maintenance here are a mixed
d. Supply supply.
Sm

Ans:- a b c d ii) Mr. A buys a car and purchases warranty and

50. Mr. X, supplied a laptop for ` 40,000 to Mr. Y along
with a barter of printer, the value of which is `
4,000 but the open market value of the laptop is
not known. The GST liability will be:
a. Mr. X for ` 40,000 and Mr. Y for ` 4,000
b. Mr. X for ` 44,000 and Mr. Y for ` 4,000
c. Mr. X for ` 36,000 and Mr. Y for ` 4,000
V’
maintenance of the car by paying nominal amount.
Car, warranty and maintenance here are a composite
supply.
iii) Mrs. A buys a microwave oven and some utensils for
use in microwave oven. Both microwave oven and
utensils are sold at a single price. Microwave oven
and its utensils here are a mixed supply.
iv) Mrs. A buys chocolates, juices and biscuits from a

d. Mr. X for ` 40,000 and no GST liability for Mr. Y. shop. All items have different prices. Chocolates,
Ans:- a b c d juices and biscuits are a mixed supply.
The correct examples of composite and mixed supply
51. Mr. A is a well-known singer. He receives a life-time are: -
achievement award which consist of a memento a. i,iv
and a cheque of ` 10,00,000. It is: b. ii,iii

10
 c. ii,iii,iv (ii)When a person import services without
d. None of the above consideration for the purposes of his business from
Ans:- a b c d his elder brother living outside India.
(iii) Disposal of car without consideration and where the

y
55. What shall constitute main item under composite supplier has not claimed input tax credit on such
supply? car.
a. Principal Item (iv) When a principal makes supplies to his agent who is

m
b. Item with Highest tax rate also registered and is situated within the same
c. As per the option of the taxpayer State.
d. None of the above a. (i) & (iii)
Ans:- a b c d b. (I), (ii) & (iii)
c. (iii)

e
56. In composite supply, the principal supply is supply d. (iii) & (ii)
of goods whereas the ancillary supply is supply of Ans:- a b c d
services. Which provision shall apply in respect of
time of supply? Case Study:-

ad
a. Time of supply of service
b. Time of supply of goods Mr. X(Maharashtra)registered under GST is running a
c. Either (a) or (b) business from last 40 years, supply the goods to overall
d. None of the above India. He has a branch in Punjab, Goa, Delhi, Karnataka.
Ans :- a b c d He want to increase sale so he had started working
with agent also in the Assam, Gujarat and made a supply
57. M/s X Ltd. a dealer offer combo packs of shirt, through them in there state.
Ac
watch, wallet, book and they are bundled as a kit Mr. X had want to maintain inventory so that he
and this kit is supplied for a single price as a should not loss any customer he haspurchase
mixed supply. Tax rate for shirt, watch, wallet and software(note1)from his brother who is reside in USA,
book are 12%, 18%, 5% and Nil respectively. The market value ` 8,00,000and his old computer with software
mixed supply will be taxed at: he has donate to seva charity of Mumbai. Value of computer
a. 12% is ` 65,000.
b. 18% Following is supply to
c. 5% Punjab – 20,00,000
d. Nil Goa- 3,80,000
Ans:- a b c d Delhi- 9,85,000
t

Karnataka- 4,65,000
58. What kind of supply is this transaction: Food Assam- 22,80000
supplied to the in – patients as advised by the Gujarat- 8,55,000
ar

doctor in the hospital.”

a. Composite Supply GST rate is 12% for goods and service is 18%. During the
b. Mixed Supply year Mr. X has given goods to his employee on Diwali worth
c. Works Contract Service ` 28000 also given some goods to use in marriage function
d. None of the above of his friend for 4days worth ` 2,85,000.
Ans:- a b c d Mr. X has sale land in Punjab worth ` 58,00,000. At the time
Sm

of sale some issue came and he had paid fees ` 8000 to

59. XYZ Pvt. Ltd. manufactures the jeans on order of district court to clear the sale. Answer the following
ABC Pvt. Ltd. Further, after manufacturing, it also question.
gets it delivered to ABC Ltd. & gets the in transit Note1: license of a pre packed software.
insurance done. What kind of supply is this?
a. Mixed supply Q. 1 which of the following is supply
b. Composite supply a) supply to branch
c. None of the above b)supply to agent
d. Don’t know c) supply to friend
V’

Ans:- a b c d d) all of the above

Ans: a b c d
60 Which of the following transactions does not qualify Q.2 what is the supply made during year
as supply under GST law? a) 1,31,43,000
(I) When the Head Office makes a supply of services to b) 70,30,000
its own branch outside the State. c) 73,15,000

11
4
2
 d) 1,30,50,000 Ans:- a b c d

Ans:- a b c d

Q. 10 which of the following is supply of service

Q. 3 what is GST amount payable on sale of land a) supply to friend

y
a) 6, 96,000 b) fees paid to the court
b) 10, 44,000 c) supply to employee
c) on sale no need to pay GST only at the time of d) all of the above

m
purchase need to pay GST Ans:- a b c d
d) none of the above
Ans:- a b c d

Q. 4what has GST amount payable in case of

e
supply made to seva charity
a) 3250
b) 7800
c) 11700

ad
d) none of the above
Ans:- a b c d

Q. 5 goods to use in marriage function of his friend

what will be the GST Answer:-
a) 34200
1 d 21 b 41 c
b) 51300
c) 14250
Ac c c d
2 22 42
d) None of the above
Ans:- a b c d 3 d 23 d 43 a

Q. 6 purchase of software from brother has treated 4 d 24 a 44 c

as
a) supply of goods 5 d 25 d 45 b
b)supply of service
6 c 26 c 46 b
c) supply of both (goods as well as services)
d) It is not a supply a 27 a 47 b
7
t

Ans:- a b c d
8 a 28 d 48 b
Q. 7 which of the following is supply without
ar

consideration (as per schedule I) 9 c 29 a 49 b

a) supply seva charity
b) supply to friend 10 b 30 c 50 b
c) supply to employee a a c
11 31 51
d) all of the above
Ans:- a b c d c 32 a 52 b
Sm

12
Q. 8 on which of the following activity GST is not 13 d 33 b 53 a
pay
a) supply to friend 14 d 34 a 54 b
b) supply to Agent
c)court fees 15 d 35 b 55 a
d) supply from his brother a b b
16 36 56
Ans:- a b c d
17 b 37 b 57 b
V’

Q. 9 which of the following activity or transaction

is not a supply as per schedule III 18 c 38 b 58 a
a)sale of land
b) court fees paid 19 d 39 b 59 b
c) both of the above
20 a 40 a 60 c
d) none of the above

12
PRACTICE QUESTION
1 Which one of the following is not a composite supply:
a. Supply of an air conditioner along with freight,
CGST/ SGST credit on other inward
supplies (including credit of Rs. 5,000 0.5 lakh each
each on account of Food and Beverages
expenses)

y
Carried forward credits
insurance and installation CGST : ` 2 lakh
b. Supply of UPS along with external battery SGST : ` 2 lakh
c. Supply of architect services along with supply of IGST : ` 5 lakh

m
material incidental to his services
d. Supply of lodging service by a hotel including Mr. Kabira has also procured consultancy services from
breakfast lawyer for Rs. 1 lakh who is situated in same State in which
Ans:- a b c d Mr. Kabira is registered being taxable @ 18%.
a. IGST: Rs. 2,00,000; CGST: Rs. 2,50,000; SGST: Rs.

2 Which of the following is not covered under Schedule
III of CGST Act: -
(I) Service provided by an employer to his employee on the
occasion of his marriage
e
2,50,000
b. IGST: Nil; CGST: Rs. 50,000; SGST: Rs. 2,50,000
c. IGST: Nil; CGST: Rs. 59,000; SGST: Rs. 2,59,000
d. IGST: Rs. 3,00,000; CGST: Rs. 4,50,000; SGST: Rs.

ad
(ii) The functions performed by the members of 4,50,000
municipalities and local authorities Ans:- a b c d
(iii) The duties performed by a director in a body established
by the Central Government 5 Ms. Chulbuli is registered in Delhi. She has been
(iv) Actionable claims, other than lottery, betting and engaged in the modeling business. Her taxable
gambling turnover during the month of Jul-2018 is 48 lakh
a. (i) & (iii) taxable @ 18%. She has made all supplies within
b. (I)
Ac the State. The carried forward ITC are as under:-
c. (iii) (I) CGST: Rs. 2,35,000
d. None of the above (ii) SGST: Rs. 1,30,000
Ans:- a b c d (iii) IGST: Rs. 1,00,000
During the month of Jul-2018, she travelled abroad and
3. GST compliance rating would be given to whom purchased camera for Rs. 5 lakh on which she paid
a. Input Service Distributor IGST of Rs. 90,000. She utilized this camera partly for
b. Supplier of Goods and/ or Services whose value of business purpose and partly for non-business
taxable turnover is greater than 20 lakhs purposes. Calculate the net GST liability on her output
c. Composition Dealer & Person who is liable to deduct supplies (to be paid in cash) for the month of Jul-2018.
t

TDS/ collect TCS a. CGST: Rs. 4,32,000; SGST: Rs. 4,32,000; IGST: Rs.
d. All of the above 90,000
Ans:- b. CGST: Rs. 1,97,000; SGST: Rs. 3,02,000; IGST: Rs.
ar

a b c d
Nil
4 Mr. Kabira is engaged in the business of sale and c. CGST: Rs. 1,01,000; SGST: Rs. 3,02,000; IGST: Rs.
purchase of handbags taxable @ 18%. Calculate 90,000
his tax liability to be paid in cash for the month of d. CGST: Rs. 11,500; SGST:Rs. 3,02,000; IGST: Rs. Nil
Jul2018 considering the following details- Ans:- a b c d
Sm

Particulars Amount(`)
6. Which of the following transactions does not qualify
Value of inter-State outward supply to
30 lakh as supply under GST law?
registered persons
(i) When the Head Office makes a supply of services to its
Value of intra-State outward supply to own branch outside the State.
50 lakh
registered persons
(ii) When a person import services without consideration for
Value of intra-State outward supply to 15 lakh the purposes of his business from his elder brother
un-registered persons living outside India.
Value of intra-State inward supply from 10 lakh (iii) Disposal of car without consideration and where the
registered persons supplier has not claimed input tax credit on such car.
V’

Value of inter-State inward supply from (iv) When a principal makes supplies to his agent who is
5 lakh
registered persons also registered and is situated within the same State.
Value of intra-State inward supply from 2 lakh a. (i) & (iii)
un-registered persons b. (I), (ii) & (iii)
IGST credit on capital goods purchased in c. (iii)
1.5 lakh
the month of july
d. (iii) & (ii)

13
4
2
 Ans:- Business Group?
7. Factory that should Not be considered in a. 35 separate applications in GST REG-01
determining whether goods or services are related b. Only one registration application incorporating the
include---------. entire business verticals in one go

y
a. the nature of the goods or services c. Either of the above at the option of the Business
b. the nature of the production processes Group
c. the type or class of customers for the goods or d. Either of the above at the discretion of the Proper

m
services Officer
d. the type or class of raw material for the goods or Ans:- a b c d
services
Ans:- a b c d 13. There is a difference in taxability of goods forming
part of composite supply and mixed supply. Here

e
8. Meaning of “family” does not include: are few examples from which you need to identify
a. spouse which is correct example of composite supply
b. Children and mixed supply.
c. independent parents i) Mr. A buys a car and purchases warranty and

ad
d. dependent grand-parents
Ans:- a b c d
9. Supply of goods by any unicorporated association or
body of persons to a member thereof for cash,
deferred payment or other valuable consideration
is .............
a. Supply of goods
Ac
b. Neither as a supply of goods nor a supply of services
c. Supply of services
d/ Either as a supply of goods or as a supply of services
Ans:- a b c d
10. Out of the IGST paid to the Central Government in
respect of import of goods or service, if the
registered taxable person does not avail the said
credit within the specified period, what is the
t
maintenance of the car by paying nominal amount.
Car, warranty and maintenance here are a mixed
supply.
ii) Mr. A buys a car and purchases warranty and
maintenance of the car by paying nominal amount.
Car, warranty and maintenance here are a composite
supply.
iii) Mrs. A buys a microwave oven and some utensils for
use in microwave oven. Both microwave oven and
utensils are sold at a single price. Microwave oven
and its utensils here are a mixed supply.
iv) Mrs. A buys chocolates, juices and biscuits from a
shop. All items have different prices. Chocolates,
juices and biscuitsare a mixed supply. The correct
examples of composite and mixed supply are: -
a. i,iv
b. ii,iii

treatment? c. ii,iii,iv
a. refund it back to the taxable person d. None of the above
b. Can be claimed after the expiry of the specified Ans:-
ar

a b c d

period
c. Apportion to the Central Government based on rate 14. Mr. Z has an agency of wholesale trading of a
equivalent to CGST on similar intra-State supply particular brand in Gas Stoves for Rajasthan and
ans Apportionment to the state where such supply Gujarat and has separate proprietorship firms in
takes place. each of the two States. In Gujarat, Mr. Z additionally
d. None of the above trades in shoes from the same firm. In the context
Sm

Ans:- a b c d of the above information, which of the following

statement is correct?
11. The provisions of apportionment of tax under IGST a. Mr. Z can operate with single registration for Gas
also apply to -------- Stoves business for Rajasthan and Gujarat. For
a. Interest Shoes business, he has to compulsorily take
b. Penalty separate registration since it is different business
c. Compounding sum realized in connection with tax vertical.
d. All of the above b. Mr. Z will have to get separate registration for each
Ans:- a b c d of the States i.e., Rajasthan and Gujarat for Gas
V’

stove Business. For shoes business, he has an

12. Suppose, One Business Group has 35 Business
Verticals within a state and has to take separate
GST registrations under the same PAN. How
many online registration applications with
scanned documents have to be filed by that
option to register separate business verticals
independently.
c. Mr. Z will have to compulsorily take 3 registrations
two for Gujarat (Gas Stoves and Shoes
separately) and one for Rajasthan business (Gas

14
 stoves). India) in Russia
d. Mr. Z can operate with single registration for Gas a. 1), 3) and 4)
Stoves business for Rajasthan and Gujarat and b. 2), 3) and 4)
Shoes business for Gujarat. c. 2) and 3)

y
Ans:- a b c d d. 1) and 2)
Ans:- a b c d

15. M/s. Jolly Electronics (P) Ltd., is an authorized

m
dealer of M/s. GG Micro Ltd., located and registered
in Lucknow, Uttar Pradesh. It has sold following
items to Mr. Alla Rakha (a consumer): Answer:-

Product Amount Case Study Practice Question

e
refrigerator (500 litres) taxable@18% 40,000/-
1 d 1 b
Stabilizer for refrigerator @12% 5,000/-
LED television (42 inches) taxaxble @12% 30,000/- 2 b 2 b

ad
Split air conditioner (2 tons) taxable @28% 35,000/- 3 d d
3
Stabilizer for air conditioner taxable @12% 5,000/-
4 b 4 b
Total Value 1,15,000/-
M/s. Jolly Electronics (P) Ltd. has given a single invoice, 5 b 5 d
indicating price of each item separately to Mr. Alla Rakha. b c
Mr. Alla Rakha, has given a single cheque of Rs. 1,00,000/- 6 6
Ac
for all the items as a composite discounted price. State the 7 a 7 d
type of supply and the tax rate applicable on the same.
a. Composite supply; Highest tax rate applicable to 8 c 8 c
split air conditioner, i.e. 28%
b. Mixed supply; Highest tax rate applicable to split air 9 c 9 a
conditioner, i.e. 28%
10 a 10 c
c. Supply other than composite and mixed supply;
Highest tax rate applicable to split air conditioner d
11
i.e. 28%
d. Supply other than composite and mixed supply; 12 a
t

respective tax rate applicable to each item

Ans:- a b c d 13 b
ar

16. Where any agent supplies goods on behalf of his 14 b

principal:
15 d
a. Such agent shall be jointly and severally liable to
pay the GST payable on such goods. c
16
b. The principal shall be jointly and severally liable to
pay the GST payable on such goods. 17 a
Sm

c. Both (a) and (b)

d. None of the above
Ans:- a b c d

17 Which of the following services received without

consideration amount to supply?
1) Import of services by a person in India from his son
well-settled in USA
2) Import of services by a person in India from his
V’

brother well-settled in Germany

3) Import of services by a person in India from his
brother (wholly dependent on such person in India)
in France
4) Import of services by a person in India from his
daughter (wholly dependent on such person in

15
4
2
3 Reverse Charge

Think GST
Think Vishal Sir..!
1. When was the notification in respect to suspension of mechanism?
RCM u/s 9(4) was being issued? a. 100% of tax paid
a. 13th October 2017 b. 50% of tax paid
b. 15th November 2017 c. Nil

y
c. 15th October 2017 d. Some portion of tax paid
d. None of the above Ans:- a b c d
Ans:- a b c d

m
9. Which of the following statements are true?
2. In case of reverse charge who is liable to pay tax? a. Self – invoicing must be done
a. Supplier b. A single consolidated monthly invoice can be issued.
b. Recipient
c. Both statements are correct
c. Both a and b
d. Both statements are incorrect
d. None of these
Ans:- a b c d

e
Ans:- a b c d
3. Who are the persons liable to pay tax under reverse
charge mechanism? 10 Is the below statement correct: “A person is not
a. Registered Supplier required to obtain registration if he is required to

ad
b. Registered Recipient pay tax under reverse charge but he has not
c. Unregistered Supplier exceeded his threshold limit”
d. Unregistered Recipient a. Incorrect, the person is required to take registration &
Ans:- a b c d pay tax under reverse charge irrespective the fact that
threshold is crossed or not.
4 Sec 9(4) of CGST reverse charge is applicable when b. Incorrect, if the person is required to pay tax under
supply of goods or services by reverse charge he shall obtain registration only if the
Ac
a. Unregistered supplier to registered person value of supply under reverse charge exceeds the
b. Unregistered supplier to unregistered person threshold limit.
c. Registered supplier to registered person c. Above statement is correct
d. Registered supplier to Unregistered person d. Correct, a person is required to obtain registration if he is
Ans:- a b c d required to pay tax under reverse charge and, he is
making taxable supplies irrespective of the threshold
5. When is the person eligible to claim the tax in case of limit.
RCM? Ans:- a b c d
a. Same month
b. Next month 11.Micro Apparels in Chennai, Tamil Nadu, avails fashion
t

c. Any of the two months designing services of ` 50,00,000 from Prabhu

d. In any month of the year Designs in Singapore. Who is liable to pay GST?
Ans:- a b c d a. Micro Apparels
ar

b. Prabhu Designs
6. Can Input tax credit standing in the Electronic credit c. Both
d. None of the above.
ledger be utilized for payment of tax under Reverse
Ans:- a b c d
Charge Mechanism?
a. Yes 12 True or False: In case of legal services by an individual
Sm

b. No advocate including a senior advocate or firm of

c. Not Applicable advocated, GST is payable by recipient if he is a
d. May be business entity located in India.
Ans:- a b c d a. True
b. False
7 Is ITC available to the supplier, supplying goods / c.
services under Reverse Charge Mechanism d.
a. Yes Ans:- a b c d
b. No
c. Not applicable 13. ABC Pvt. Ltd. appointed Mr. Z as their independent
V’

d. Yes, if permitted by the authority director and paid him the sitting fees. Is this supply
Ans:- a b c d covered under RCM?
a. Yes
8. What is the amount of Input tax credit available to a b. No
composite dealer falling under Reverse charge c. Not taxable at all

16
 d. Taxable under forward charge 19 Bharat Jewellers paid `50,00,000 for sponsorship of
Ans:- a b c d Miss India beauty pageant for sponsorship service.
Who is liable to pay GST?
14. GST is payable by recipient of services in the a. Bharat Jewellers

y
following cases:- b. Miss India Beauty
(i)Services provided by way of sponsorship to ABC Ltd. c. both a 50% and b 50%
(ii)Services supplied by a director of Galaxy Ltd. to Mr. d. None of the above
Krishna.

m
Ans:- a b c d
(iii)Services by Department of Posts by way of speed
post to MNO Ltd.
20 GST is payable by the recipient under reverse charge
(iv)Services supplied by a recovering agent to SNSP
Bank on
a. (i) & (iii) a. Sponsorship service

e
b. (i) & (iv) b. Transport of goods by rail
c. (ii) & (iii) c. transport of passenger by air
d. (ii) & (iv) d. all of the above
Ans:- a b c d Ans:- a b c d

ad
15. In case of Goods Transport Agency (GTA) services, 21 Kokilabehen is appointed as an arbitral tribunal to
tax is to be paid under forward charge if: reliance Industry Ltd. GST is payable by
a. GST is payable @ 12% a. kokilabehen
b. GST is payable @ 5% and a factory registered under b. Reliance Industry Ltd.
the Factories Act, 1948 is the recipient of GTA c. Service of arbitral tribunal is Exempt
service. d. service of arbitral tribunal is not a supply
Ac
c. GST is payable @ 5% and an unregistered individual Ans:- a b c d
end customer is the recipient of GTA service.
d. None of the above 22. Mr. Vishal is appointed as a director of ABC Ltd.
Ans:- a b c d
company (not in capacity of employee) an earn sitting
16.Express Parcel Post Services provided by Department fees ` 5,00,000. Who is liable to pay GST ?
of Post to a business entity. The GST is liable to be a. Mr. CA Vishal
paid by: b. ABC Ltd. Company
a. business entity c. Exempt supply
b. Department of Post d. Not cover in a supply
Ans:- a b c d
t

c. Exempted supply
d. Not at all supply.
Ans:- a b c d 23. Mr Veer is an agent of Life Insurance company. The
ar

insurance company pays commission ` 8,00,000

17.Mr. A businessman who take legal service from excluding taxes. Who is liable to pay GST ?
individual advocate and pay the tax under RCM by a. Mr. Veer
using b. Life insurance company
a. Electronic credit ledger c. Exempt supply
b. Electronic cash ledger d. no GST because taxable supply not exceed ` 20 lakh
Sm

c. Both a and b Ans:- a b c d

d. None of the above
Ans:- a b c d
24. In which case Govt. is not liable to pay tax
a. Renting of immovable property to registered person
18. ABC Ltd. avail service of Rudra goods transport b. Renting of immovable property to other than registered
agency for transportation of goods from factory person
located in Mumbai to its Nasik depot and paid freight c. Renting of immovable property for residential dwelling
`1,00,000 and GST is applicable @ 5%. Who will pay d. All of the above
GST? Ans:- a b c d
a. Rudra goods transport agency
V’

25 Goods transportation agency (GTA) is registered and

b. XYZ Ltd. company
does not avail the ITC. He provides GTA services to
c. both a 50% and b 50% another registered person. Will this transaction fall under
d. None of the above RCM? What shall be the GST Rate?
Ans:- a b c d a. RCM applicable, Rate – 5%

17
4
2
 b. RCM applicable, Rate – 12% d. None of the above
c. RCM not applicable, Rate – 18% under forward charge Ans:-a b c d
d. Not taxable
Ans:- a b c d 32.Which supply of service is specified under sec 9(5)

y
a. Supply through ECO transportation of passengers by
26. ABC Pvt. Ltd. has taken consultancy services from an cab
engineer in USA. Who shall be liable to pay tax and b. Supply through ECO renting of accommodation by
under what head? unregistered hotels

m
a. ABC Pvt. Ltd. will pay the tax, IGST c. Supply through ECO service by unregistered plumber,
b. ABC Pvt. Ltd. will pay the tax, CGST and SGST housekeeper, etc.
c. Engineer will pay the tax, IGST d. all of the above
d. Engineer will pay the tax, CGST & SGST Ans:- a b c d

Ans:- a b c d

e
33. Ola being an E – commerce operator provides cab
27. Mr. A was having Rs.50,000 in his credit ledger in the services to the passengers through various local
month of January, 2018 and in the same month he service providers. The liability to pay tax on such
made purchases on which tax of Rs. 30,000 under services shall be applicable to:

ad
RCM was to be paid. Which of the following method a. Ola
can be used for the same? b. Passengers
a. Pay Rs. 30,000 by utilizing ITC of Rs. 50,000 c. Local Service Providers
b. Pay Rs. 30,000 from cash ledger d. None
c. Pay Rs. 15,000 by cash and utilize ITC for the balance Ans:- a b c d
amount
d. Anyone of the above can be followed 34. Mr. Alok had to transport his personal goods from
Ans:- Mumbai to Goa. He contacts Sigma travel services.
a b c d
Ac
Sigma travels is passenger bus traveler and also does
28. GTA is under expansion mode and is acquiring lot of transportation of goods i.e., Goods Transport Agency.
trucks for the transportation. It wants to take the ITC He transports goods of all persons including non-
on such capital goods. What rate shall he charge in passengers.
order to avail the ITC? Mr. Alok hands over the goods to Sigma travel
a. 18% services. Sigma travels issues consignment note for
b. 12% his goods. Alok is an unregistered person. What will be
c. 5% GST scenario in this case?
d. 28% a. Goods transport agency service rendered to un-
Ans:- registered person is exempt from tax
t

a b c d
b. Goods transport agency is required to pay GST under
29. ABC National Bank appointed Mr. A, a recovery agent reverse charge for service rendered to un-registered
person
ar

in order to recover the amount paid to a defaulter Mr.

B. who shall pay the tax in this supply? c. Unregistered person is required to pay GST to transport
a. ABC National Bank agency which in turn will be deposited by Goods
b. Mr. A transport agency to government.
d. None of the above
c. Mr. B
Ans:- a b c d
d. None of them
Ans:- a b c d
Sm

35. Which of the following legal services does not fall

30. Mr. B, a GTA in Delhi supplied services of Rs. 60,000 to
Mr. Q, a registered person in Delhi and the entire
amount was being paid to the GTA. What shall be
the tax amount to be paid under RCM?
a. Rs. 1,500 each in CGST and Delhi GST
b. Rs. 3,000 in IGST
c. Rs. 2,857 each in CGST and Delhi GST
d. Rs. 2,857 in IGST
V’
under RCM provisions as contained under section 9(3)
of the CGST Act-
a. Representation services provided by an individual
advocate
b. Representation services provided by a senior advocate
c. Representation services provided by a firm of advocates
d. Legal services provided by an advocate to an
unregistered individual
Ans:- a b c d

Ans:- a b c d

31. Which category of supply specify in sec 9(5)?

a. Supply of goods only
b. Supply of service only
c. Both a and b

18
Answer:-

1 a 21 b

2 b 22 b

3 b 23 b

4 a 24 a

5 a 25 a

6 b 26 a

7 b 27 b

8 c 28 b

9 a 29 a

10 a 30 a

11 a 31 b

12 a 32 d

13 a 33 a

14 b 34 a

15 a 35 d

16 b

17 b

18 b

19 a

20 a

19
4
2
 Composition
4 Scheme
1. The total composition rate of tax for manufacturers c. Rs. 1 crore
under composition scheme is: d. none of the above
a. 0.5% of turnover Ans:- a b c d

b. 5% of turnover

y
c. 1% of turnover 6. According to Section 2 (6) of the CGST Act, 2017
d. 2.5% of turnover. “aggregate turnover” will include
Ans:- a b c d a. value of all taxable supplies

2. ABC Ltd., a manufacturer has got itself registered in
Delhi on 1.2.2018 in composition scheme. It makes a
supply to XYZ Ltd., a registered entity in Delhi. It is
confused in respect to what is the GST rate applicable
on it under CGST?
m
b. value of all outward supplies – whether taxable or non-
taxable, whether exempt or non-exempt, whether
zero-rated or not, whether under forward charge or
reverse charge
c. value of outward supplies as well as inward supplies
on which tax is payable on reverse charge basis

e
a. 0.5% d. value of outward supplies under forward charge and
b. 1% value of inward supplies with reverse charge
c. 2% Ans:- a b c d

d. 2.5%

ad
Ans:- a b c d 7.Which of the following will be excluded from the
computation of turnover?
3.To be eligible for registration under Composition a. Value of taxable supplies
scheme it is required that the aggregate turnover of b. Value of exempt Supplies
a registered tax-payer should not exceed c. Non-taxable supplies
__________ in the preceding financial year. (The d. Value of inward supplies on which tax is paid on
limit is _______ for Special Category States (other reverse charge basis
Ac Ans:-
than State of J&K & Uttrakhand) a b c d

a. Rs. 1,00,00,000; Rs. 75,00,000

b. Rs. 50,00,000; Rs. 75,00,000
c. Rs. 50,00,000; Rs. 25,00,000
d. None of the above
Ans:- a b c d
4. Mr. Fardeen Khan, is the owner of a proprietorship firm
(located in the State of Jammu and Kashmir), which is
engaged in trading of ice-cream (not containing
t
8. In computation of aggregate turnover for composition
levy, which of the following item should be excluded
from the aggregate turnover?
a. The value of exported goods/services
b. Inter-state supplies between distinct persons having
same PAN
c. Compensation Cess
d. Supply on own account and on behalf of principal.

cocoa) and supplies the same locally within the same Ans:- a b c d
State itself. The turnover details of his firm are as
9. Raj Ltd. is having 4 places of business – 2 in Delhi
ar

under:
Ü For the period April, 2016 to March, 2017: Rs. (Registered), 1 in Maharahstra (Registered) and 1 in
80,00,000/- Madras (Unregistered as selling Alcholic liquor for
Ü For the period April, 2017 to June, 2017: Rs. human consumption) 'Aggregate Turnover' shall be
25,00,000/- a. Aggregate TO from all 4 places of business (having
Ü For the period July, 2017 to March, 2018: same PAN);
Rs.75,00,000/- b. Aggregate TO of all registered places – 2 places in
Sm

He wants to opt for Composition Scheme. State the Delhi and 1 in Maharashtra (registered with same
composition turnover limit for the State of Jammu and PAN);
Kashmir and whether he is eligible to opt for Composition Ans:- a b c d

Scheme or not. 10. Rama Ltd. has provided following information for the
a. Rs. 75,00,000/-: Yes month of September:
b. Rs. 75,00,000/-: No (I) Intra-State outward supply ` 8,00,000/-
c. Rs. 1,00,00,000/-: Yes (ii) Inter-State exempt outward supply` 5,00,000/-
d. Rs. 80,00,000/-: Yes (iii) Turnover of exported goods ` 10,00,000/-
Ans:- a b c d (iv) Payment made for availing GTA services ` 80,000/-
V’

Calculate the aggregate turnover of Rama Ltd.

5. Mr. X, a registered supplier of Meghalaya wants to opt a. ` 8,00,000/-
for composition levy. The turnover limit for b. ` 23,80,000/-
composition levy is- c. ` 23,00,000/-
a. Rs. 50 lakh d. ` 18,00,000/-
b. Rs. 75 lakh Ans:- a b c d
20
 16. Mr. A, a composition dealer who trades in garments
11 ABC Pvt. Ltd. is having place of business in 3 states has received an order from China of Rs 5 lacs. Can
namely Haryana, Punjab & Rajasthan each having accept this order?
turnover of Rs. 20 lacs, 60 lacs, 80 lacs a. Yes

y
respectively. Which State is eligible to opt for b. No
composition scheme? c. Maybe
a. Haryana d. Yes, with prior permission of Central Government

m
b. Punjab Ans:- a b c d
c. Rajasthan
d. None of the above 17. Mr. Kanjoos located in Delhi wants to opt for
Ans:- a b c d composition scheme for financial year 2018-19. He
is engaged in trading of branded flour which is
12. As per the CGST Act, 2017, “exempt supply” means taxable @ 5% and unbranded flour which is taxable

e
supply of any goods or services at 0%. Turnover of branded flour in FY 2017-18: Rs.
(i) Which attracts nil rate of tax 70,00,000 Turnover of unbranded flour in FY 2017-
(ii) Which may be wholly exempt from tax u/Sec 11 or 18: Rs. 20,00,000 He was also providing service in
u/Sec 6 of the IGST Act the previous year by way of renting of a residential

ad
(iii) Which is non-taxable supply Select the correct unit for which he is charging Rs. 1,00,000 per
answer from the options given below : month as rent. Calculate his aggregate turnover to
a. (ii) determine his eligibility to opt for composition
b. (I) scheme?
c. (iii) a. Rs. 90,00,000
d. All of the above b. Rs. 70,00,000
Ans:- a b c d c. Rs. 1,02,00,000
Ac
d. Rs. 91,00,000
13. ABC Ltd., a trader has got itself registered in Delhi Ans:- a b c d
on 1.2.2018 in composition scheme. In the month of Note:- ICAI has taken this answer but according to us it is
Aug’18, it make supply of taxable goods worth Rs. 3 (c) i.e. 1,02,00,000 as per the definition of aggregate
lacs and exempted goods worth Rs. 1 lac. On what turnover define in sec 2(6)
value it shall pay the GST to the Government?
a. Rs. 1 lac 18. Which of the following manufacturer cannot opt for
b. Rs.3 lacs composition levy?
c. Rs.4 lacs a. Manufacturer of pan masala
d. Rs.2 lacs b. Manufacturer of ice cream
t

Ans:- a b c d c. Manufacturer of tobacco substitutes

d. All of the above
14. Mr. Bala has made supply (within State) of a taxable Ans:- a b c d
ar

goods which is of Rs. 17 lakh, export supplies of

Rs. 3 lakh and intra-state supply of exempt services 19. Which of the following persons can opt for the
of Rs. 4 lakh. His aggregate turnover as per section composition scheme?
2(6) of the CGST / SGST Act, 2017 is : 1) Registered person whose aggregate turnover in the
a. Rs. 17 Lakhs preceding financial year did not exceed Rs. 75
b. Rs. 20 Lakhs lakh.
Sm

c. Rs. 24 Lakhs 2) Registered person whose aggregate turnover in the

d. None of the above
Ans:- a b c d
15 ABC Pvt. Ltd., a registered entity in Delhi in
composition scheme has received order from 4
states as specified below of Rs. 5 lacs, 6 lacs, 7 lacs
& 2 lacs respectively. Being a composition dealer,
which order can he accept?
V’
preceding financial year did not exceed Rs. 1
crore.
3) A person engaged in business of Pan Masala,
Tobacco and manufactured tobacco substitutes
4) A person engaged in the business of Ice Cream,
other edible ice, whether or not containing Cocoa.
5) A person engaged exclusively in the providing
restaurant service.

a. Delhi 6) A person engaged exclusively in supply of

b. Haryana medicines.
c. Rajasthan Which of the above are correct:-
d. Maharashtra a. 1,2,3,5
Ans:- a b c d b. 1,2,5,6
c. 2,3,4,5
21
4
2
 d. 3,4,5,6 Ans:- a b c d

Ans:- a b c d

24. Whether a restaurant serving alcohol along with

20. Which of the following statements is not correct for other foods etc. to its customers can opt for

y
a tax payer who has opted for composition composition scheme under Section 10?
scheme? a. Yes
a. A registered person supplying goods under the b. No

m
composition scheme shall issue a bill of supply. c. None of the above
b. Last date for payment of liability towards tax, d. Maybe
interest, penalty, fee or any other sum is 20th day Ans:- a b c d
of each month.
c. A composition dealer shall mention the words 25. Can a person paying tax under composition
“Composition taxable person, not eligible to collect scheme make supplies of goods to SEZ located

e
tax on supplies” at the top of the bill of supply in same State?
issued by him. a. Yes
d. Last date for payment of liability towards tax, b. No
interest, penalty, fee or any other sum is 18th day c. Yes, subject to prior approval of the Central

ad
of the month following each quarter. Government
Ans:- a b c d d. Yes, subject to prior approval of the concerned
State Government
21. Which of the following person cannot opt for Ans:- a b c d
composition scheme?
a. Mr. B, a garment trader having turnover of Rs. 40 26. ABC Pvt. Ltd., a Mumbai based manufacturer of the
lacs. He further rents out his shop and charges Rs. pan masala, has started manufacturing biscuits
70,000 per month.
Ac within same PAN. His threshold of Rs. 20 lacs is
b. Mr. C, manufacturer of hand bags having turnover crossed but is expected to be below Rs. 80 lacs in
upto Rs. 60 lacs the current financial year. Can he opt for
c. Mr. D, selling hand bags through e – commerce composition scheme?
portal which is not liable to collect tax at source U/s a. Yes
52 b. No
d. None of the above c. Maybe
Ans:- . a b c d d. Yes, with prior approval
Ans:- a b c d
22. In which of the following condition the person
t

cannot pay tax under composition scheme? 27. Mr. A is a manufacturer of ice cream. If all other
a. he was not engaged in the manufacture of goods as conditions satisfies, the total effective
notified under clause (e) of sub-section (2) of composition tax rate will be:
ar

section 10, during the preceding financial year. a.1%

b. he shall mention the words “composition taxable b. 5%
person, not eligible to collect tax on supplies” at the c. 2%
top of the bill of supply issued by him. d. Not eligible for composition scheme.
c. He is a casual taxable person Ans:- a b c d
d. the goods held in stock by him on the appointed day
Sm

have not been purchased in the course of inter-
State trade
Ans:- a b c d
23. Which of the following persons is not eligible for
composition scheme even though their aggregate
turnover does not exceed Rs. 1 crore in preceding
FY, in Uttar Pradesh?
a. A person supplying restaurant services
V’
28. ABC Ltd., a person registered in composition
scheme, operating in 4 different states has filed the
withdrawal intimation in one State. Will this
intimation be applicable to all places of business?
a. Yes
b. No
c. Yes, but with prior permission of Central
Government
d. No, but with prior permission of respective State

b. A person supplying restaurant services and earning Government

bank interest Ans:- a b c d

c. A person supplying restaurant services and

warehousing of rice 29.Can a registered person opt for composition
d. A person supplying restaurant services and scheme only for one out of his 3 business verticals
warehousing of processed tea having same Permanent Account Number?

22
 a. Yes extending loans/deposits does not make Grand
b. No Foods ineligible for composition scheme.
c. Yes, subject to prior approval of the Central (5) Supply of services other than restaurant service -
Government supply of farm labour and supply of service of

y
d. Yes, subject to prior approval of the concerned extending loans/deposits - by Grand Foods
State Government makes it ineligible for composition scheme.
Ans:- a b c d a. (1) and (4)

m
b. (2) and (4)
30. Calculate the tax to be paid by Mr. A, a composition c. (1) and (5)
dealer who is involved in trading of garments. d. (3) and (5)
Details of his business is as below: Ans:- a b c d

Purchases = Rs. 30,000 (including GST of 4,500)

Cost of products sold = Rs. 7,00,000 34. Can the person operating in regular scheme shift to

e
Invoice value = Rs. 9,00,000 composition scheme in middle of the financial
a. Rs. 3,000 year?
b. Rs. 7,000 a. Yes
c. Rs. 9,000 b. No

ad
d. Rs. 2,542 c. None of the above
Ans:- a b c d d.
Ans:- a b c d
31. ABC Pvt. Ltd., has started his business in Delhi and
has got himself registered in Composition 35. Can a registered person opting for composition
Scheme. He has purchased capital goods worth scheme collect GST on his outward supplies?
Rs. 1,28,000 (tax amount Rs. 28,000) and inputs a. Yes, in all cases
Ac
worth Rs. 50,000 (tax amount Rs. 7,000). What is the b. Yes, only on such goods as may be notified by the
eligible amount of ITC that it can claim? Central Government
a. Rs. 28,000 c. Yes, only on such services as may be notified by the
b. Rs. 7,000 Central Government
c. Rs. 35,000 d. No
d. Zero Ans:- a b c d
Ans:- a b c d
36. A Is composition dealer required to maintain books
32. Will composition supplier make the payment of of account as per GST Laws?
CGST & SGST in separate heads or shall make one a. Yes
t

combined payment? b. No
a. Yes, pay under separate heads c. May be
b. No, pay a consolidate amount d. None of the above
ar

c. Maybe Ans:- a b c d
d. Make payment under IGST
Ans:- a b c d 37. In which form can the person file for withdrawal of
composition scheme?
33 Grand Foods is engaged in supplying restaurant a. Form GST CMP-01
service in Delhi. In the preceding financial year, b. Form GST CMP-02
Sm

it has an aggregate turnover of ` 90 lakh from c. Form GST CMP-03

restaurant service and ` 10 lakh from supply of
farm labour and has earned a bank interest of ` 10
lakh. Which of the following statements are true
in the given case?
(1) Aggregate turnover of Grand Foods, for
determining eligibility for composition scheme, in
the preceding FY is ` 90 lakh.
(2) Aggregate turnover of Grand Foods, for
V’
d. Form GST CMP-04
Ans:- a b c d
38. A person who has opted for composition levy is
required to file quarterly return in Form GSTR-4 on
or before:
a. 18th day of the succeeding the quarter
b. 20th day of the succeeding the quarter

determining eligibility for composition scheme, in
the preceding FY is ` 100 lakh.
(3) Aggregate turnover of Grand Foods, for
determining eligibility for composition scheme, in
the preceding FY is ` 110 lakh.
(4) Supply of farm labour and supply of service of
c. 25th day of the succeeding the quarter
d. 30th day of the succeeding the quarter.
Ans:- a b c d
39. Which of the following information is not required
to be furnished by a composition taxpayer for

23
4
2
 quarter April to June in FORM GSTR-4?
(i) import of service Answer:-
(ii) invoice wise inter-State and intra-State inward
supplies received from un-registered persons 1 c 21 a

y
(iii) invoice wise inter-State and intra-State outward
supplies made to registered persons 2 a 22 c
(iv) invoice wise inter-State and intra-State outward

m
supplies made to un-registered persons 3 a 23 d
a. (I), (ii)
b. (iii), (iv) 4 c 24 b
c. (I), (ii), (iv)
5 b 25 b
d. All of the above
Ans:- a b c d
b

e
6 26 b

7 d 27 d

8 c 28

ad
a

9 a 29 b

10 c 30 c

11 d 31 d

12 d 32 a
Ac
13 b 33 a

14 c 34 b

15 a 35 d

16 b 36 a

17 a 37 d
t

18 d 38 a

19 b 39 b
ar

20 b
Sm
V’

24
5 Time of Supply
1. Which section governs the provisions regarding
determining time of supply of goods? 8. Which notification removed the requirement of
a. Section 12 payment of tax on advance receipt case of
b. Section 13 supply of goods?

y
c. Section 14 a. Notification No. 10/2017 – Central Tax dated
d. Section 15 15.11.2017
Ans:- a b c d b. Notification No. 66/2017 – Central Tax dated

m
15.11.2017
2. Which section governs the provisions regarding c. Notification No. 70/2017 – Central Tax dated
determining time of supply of services? 15.11.2017
a. Section 12 d. None of the above
b. Section 13 Ans:- a b c d

e
c. Section 14
d. Section 15 9. The relaxation of non payment of taxes on the
Ans:- a b c d advance receipt is only to the supplier of goods
and not to the providers of service.

ad
3. The time of supply fixes the point when the a. Correct
_______________ to / of GST arises. b. Incorrect
a. Liability c. Partially correct
b. Payment d. None of the above
c. Provision Ans:- a b c d
d. Recovery
Ans:- a b c d 10. Mr. Ram sold goods to Mr. Shyam worth `
5,00,000. The invoice was issued on 15th
Ac
4. Reverse charge means the liability to pay tax by November. The payment was received on 30th
the _______________ of goods or services or November. The goods were supplied on 20th
both instead of the _______________ of such November. The time of supply of goods will be:—
goods or services or both. a. 15th November
a. Recipient, Supplier b. 30th November
b. Recipient, Agent c. 20th November
c. Supplier, Recipient d. None of the above.
d. Agent, Recipient Ans:- a b c d
Ans:- a b c d
t

11. M/s ABC made an arrangement with M/x PQR for

5. What is the date of receipt of payment? supply of goods on 15th July, at this time goods
a. Date on which payment is entered in the books of didn't cross frontiers. The payment of goods has
ar

account been made on 16th July, while the invoice was

b. Date on which payment is credited to the bank made on 18th July. What will be the time of supply
account in such a case?
c. Earlier of (a) or (b) a. 15th July
d. Either of (a) or (b) b. 16th July
Ans:- a b c d c. 18th July
Sm

6. What is time of supply of goods, in case of
forward charge?
a. Date of issue of invoice
b. Due date of issue of invoice
c. Date of receipt of consideration by the supplier
d. Earlier of (a) & (b)
Ans:- a b c d
7. What is time of supply of goods, in case of
supplier opting for composition levy under
V’
d. 16th July or 18th July whichever is suitable to
supplier
Ans:- a b c d
12. Determine the time of supply of goods
a. Date of issue of Invoice by supplier - 21st July
b. Date of dispatch of goods by the supplier – 22nd July
c. Date of receipt of payment in bank account – 15th
June
d. Date of record of payment in books of account – 17th

Section 10 of the CGST Act, 2017? June

a. Date of issue of invoice Ans:- a b c d
b. Date of receipt of consideration by the supplier
c. Later of (a) & (b) Q.13. Banke Bihari (Pedewala), is a famous sweets
d. Earlier of (a) & (b) maufacturer, located and registered in Mathura,
Ans:- a b c d Uttar Pradesh. He received an order for 200 Kg. of
25
4
2
 sweets on 2nd November, 2018 from M/s.
Ghoomghoom Travels (P) Ltd., located and
registered in same locality of Mathura for a total
consideration of Rs. 1,00,000/- on occasion of
Diwali festival. All 200 Kg. sweets were delivered
to M/s. Ghoomghoom Travels (P) Ltd. on 5th
November, 2018, but without invoice, as
accountant of Mr. Banke Bihari was on leave on
that day. However, the invoice was raised for the
same on 6th November, 2018, when the
accountant joined the office after leave. Payment
in full was made on 7th November, 2018.
Determine the time of supply of goods in this case.
a. 2 nd November, 2018
b. 5 th November, 2018
c. 6 th November, 2018
d. 7 th November, 2018
Ans:- a b c d
14. What is time of supply of goods liable to tax
under reverse charge mechanism?
a. Date of receipt of goods
b. Date on which the payment is made
c. Date immediately following 30 days from the date
of issue of invoice by the supplier
Ac
d. Earlier of (a) or (b) or (c)
Ans:- a b c d
15. On 04.09.2018, supplier invoices goods taxable
on reverse charge basis to ABC & Co. ABC & Co.
receives the goods on 12.09.2018 and makes
payment on 30.9.2018. determine the time of
supply.
a. 04.09.2018
t
b. 04.10.2018
c. 12.09.2018
d. 30.09.2018
ar
Ans:- a b c d
16. Kutch Refineries supplies LPG to XYZ Ltd. by a
pipeline under a contract. The terms of contract
are: (i) Monthly payment of ` 2 lakh to be made
by the recipient on fifth day of the month. (ii) A
Sm
quarterly statement of the goods dispatched and
payments made will be issued by seventh day of
the month succeeding the relevant quarter.
August 5, September 5, Payments of ` 2 Lakh made in
October 5 each month
October 7 Statement of accounts issued by
supplier for the quarter july-September
October 17 Differential payment of ` 56,000
received by supplier for the quarter
V’
July-September as per statement
of accounts
Which of the following statements is true?
a. Invoice will be issued on August 5, September 5,
26
October 5 and October 7.
b. Invoice will be issued on August 5, September 5 and
October 5.
c. Invoice will be issued on August 5, September 5,
y
October 5, October 7 and October 17
d. None of the above
Ans- . a b c d
m
17. Mr. A, who has opted for composition levy, supplies
goods worth Rs. 24,300 to Mr. B and issues an
invoice dated 25.09.2018 for Rs. 24,300. and Mr. B
pays Rs. 25,000 on 1.10.2018 against such supply of
goods. The excess Rs 700 (being less than Rs.
e
1,000) is adjusted in the next invoice for supply of
goods issued on 5.01.2018. Identify the time of
supply and value of supply:
a. Rs. 25,000 – 1.10.2018
ad
b. For Rs. 24,300 – 25.09.2018 and for Rs. 700 –
1.10.2018
c. For Rs. 24,300 – 25.09.2018 and for Rs. 700 –
5.10.2018.
d. (b) or (c) at the option of supplier, who has opted
for composition levy
Ans:- a b c d
18. What is the time of supply of service if the
invoice is issued within 30 days from the date of
provision of service?
a. Date of issue of invoice
b. Date on which the supplier receives payment
c. Date of provision of service
d. Earlier of (a) & (b)
Ans:- a b c d
19. Mr. X enters into a contract with a client for
supply of certain services on 18.12.2017. GST is
payable on such services under forward charge.
Services are supplied on 25.12.2017 and
invoiced on 05.01.2018. The client makes
payment by cheque for the services on
29.12.2017 and such payment is credited to the
bank account of Mr. X on 06.01.2018. The
payment is recorded in the books of account of
the client and Mr. X on 30.12.2017 and 07.01.2018
respectively. The time of supply of services is:
a. 29.12.2017
b. 30.12.2017
c. 06.01.2018
d. 05.01.2018
Ans:- a b c d
20. M/s. Radhika Travels (P) Ltd., purchased a bus
chassis from M/s. Jyoti Motors Ltd., for a
consideration of Rs. 80.00 Lakh on 1-Aug-2018.
M/s. Radhika Travels (P) Ltd., sent the bus chassis
for body building to M/s. Hanumant Fabricators,
and paid in advance the total consideration of Rs.
25.00 Lakh on 10-Aug2018. M/s. Hanumant
 Fabricators, after completing the bus body,
informed M/s. Radhika Travels (P) Ltd., for
inspection of the work done on 1-Sep-2018. M/s.
Radhika Travels (P) Ltd., visited the work shop of
M/s. Hanumant Fabricators, on 7-Sep-2018, and
confirmed that the bus body was in accordance
with the terms of the contract. M/s. Hanumant
Fabricators, raised an invoice of Rs. 25.00 Lakh
on 15-Sep-2018, and supplied chassis along with
the bus body so constructed, along with the
invoice on 16-Sep-2018.
State the time of supply in this case, out of
the choices given below-
a. 10-Aug-2018
b. 7-Sep-2018
c. 15-Sep-2018
d. 16-Sep-2018
Ans:- a b c d
21. Mr. A purchases redeemable vouchers worth INR
8000/- on 1st January. The vouchers are
redeemable against purchase of any goods. The
vouchers are valid till 30th June. What will be the
Ac
time of supply in case of such vouchers?
a. 1st January
b. 30th June
c. The date of redemption of vouchers
d. None of the above
Ans:- a b c d
22. Value of services rendered is Rs. 1,00,000/. Date
of issue of invoice is 5th October 2018. Advance
Received is Rs. 25,000/- on 20th September 2018.
t
Balance amount received on 7th October 2018.
What is the time of supply for Rs. 1,00,000/-
a. 5th October 2018 for Rs. 1,00,000/-
ar
b. 20th September 2018 for Rs. 1,00,000/-
c. 20th September 2018- Rs.25,000/- and 5th
October 2018 for Rs. 75,000/-
d. 20th September 2018- Rs. 25,000/- and 7th
October 2018 for Rs. 75,000/-
Ans:- a b c d
Sm
23. What is the time of supply of service in case of
reverse charge mechanism?
a. Date of payment as entered in the books of
account of the recipient
b. Date immediately following 60 days from the date
of issue of invoice
c. Date of invoice
d. Earlier of (a) & (b)
V’
Ans:- a b c d
24 What is the time of supply of service in case an
associated enterprise receives services from the
service provider located outside India?
a. Date of entry in the books of account of
associated enterprise(recipient)
b. Date of payment
c. Earlier of (a) & (b)
y
d. Date of entry in the books of the supplier of
service
Ans:- a b c d
25. Continuous supply of services means a supply
m
of services which is provided, or agreed to be
provided, continuously or on recurrent basis,
under a contract, for a period exceeding
_____________ with ________________ payment
obligations.
e
a. 1 year, annual
b. 3 months, periodic
c. 6 months, half yearly
d. 1 year, periodic
ad
Ans:- a b c d
26. What is the time of supply of service for the
supply of taxable services up to Rs.1000 in
excess of the amount indicated in the taxable
invoice?
a. At the option of the supplier – Invoice date or Date
of receipt of consideration
b. Date of issue of invoice
c. Date of receipt of consideration.
d. Date of entry in books of account
Ans:- a b c d
27. What is the time of supply of vouchers when the
supply with respect to the voucher is
identifiable?
a. Date of issue of voucher
b. Date of redemption of voucher
c. Earlier of (a) & (b)
d. (a) & (b) whichever is later
Ans:- a b c d
28. What is the time of supply of vouchers when the
supply with respect to the voucher is not
identifiable?
a. Date of issue of voucher
b. Date of redemption of voucher
c. Earlier of (a) & (b)
d. (a) & (b) whichever is later
Ans:- a b c d
29. ABC Ltd. has purchased for its customers 50
vouchers dated 20.8.2018 worth Rs.100 each
from PQR Ltd., a footwear manufacturing
company. The vouchers were issued by ABC
Ltd. on 20.09.2018. the vouchers can be
encashed at retail outlets of PQR Ltd. The
employees of ABC Ltd. encashed the same on
01.10.2018. Determine the time of supply of
vouchers.
a. 20.08.2018
27
4
2
 b. 20.09.2018 time of supply in respect of the late fees due on
c. 01.10.2018 mr. A?
d. Supply is not identified a. September 2018

y
Ans:- a b c d b. October 2018
c. Time of supply has not arisen
30. Ms. A purchased a gift voucher (it can be d. None of the above
redeemed against any product of the Ans:- a b c d

departmental store) from a super market worth
Rs.2,000 on 30.7.2018 and gifted it to her friend
on the occasion of her marriage on 05.08.2018.
her friend encashed the same on 01.09.2018 for
purchase of a watch. Determine the time of
m
35. Where goods are packed and transported with
insurance, the supply of goods, packing
materials, transport and insurance is a composite
supply and supply of goods is the principal

e
supply. supply. Which section will govern the time of
a. 30.07.2018 supply provisions in this case?
b. 05.08.2018 a. Section 12
c. 01.09.2018 b. Section 13

ad
d. Supply is identified c. Section 14
Ans:- a b c d d. Section 15
Ans:- a b c d
31 M/s. Tanatan received testing services from
Aquarian Solution (P) Ltd. on 10-May-2018. The
payment was entered in the books of account of
Answer:-
M/s. Tanatan on 16-May-2018 and was credited in
Ac
the bank account of supplier on 19-May-2018. In
1 a 12 a 23 d 34 c
the meantime, supplier issued invoice on 18-
May-2018. What will be the time of supply in this 2 b 13 b 24 c 35 a
case? 3 a 14 d 25 b
a. 10-May-2018
b. 18-May-2018 4 a 15 c 26 a
c. 16-May-2018 5 c 16 a 27 a
d. 19-May-2018
Ans:- a b c d 6 d 17 d 28 b
7 d 18 d 29 b
t

32. What is the time of supply of goods in residuary

cases, in case where a periodical return has to 8 b 19 d 30 c
be filed?
ar

9 a 20 a 31 b
a. Date on which return is to be filed
b. Actual date of filing of return 10 a 21 c 32 a
c. Date of payment of tax 11 c 22 c 33 b
d. Date of collection of tax
Ans:- a b c d
Sm

33. What is the time of supply in case of addition in

the value of way of interest, late fee or penalty or
any delayed payment of consideration?
a. Last date on which such late fees / penalty has
been charged
b. Date of payment of such additional amount
c. Date of collection of whole amount
d. It doesn’t constitute supply
Ans:- a b c d
V’

34. Mr. A entered into a contract with mr. C & agreed

to make the payment by 30th September 2018. if
the payment is not made in time, then he shall
pay late fees @ Rs. 100/day. No payment of late
fees has been made so far. What shall be the

28
6 Value of Supply

Think GST !
Think Vishal Sir...!!
1. The value of supply of goods and services shall be received payment in US dollars. Does the
the - consideration as received falls within the ambit of
a. Transaction value money
b. Retail sale price a) Yes

y
c. Wholesale price b) No
d. None of above c) As per the opinion of Appropriate authority
Ans: a b c d d) None of the above

2. Value of supply shall be the transaction value,
if __________________
a. Transaction is between unrelated parties
b. Price is the sole consideration
c. Both (a) and (b)
m
Ans: a b c d
8. Consideration excludes:
a. Payment in money or otherwise for supply
b. Monetary value of an act or forbearance
c. Subsidy by the Central and State Government

e
d. None of the above d. All of the above
Ans: a b c d Ans: a b c d

3. Which of the following is included while computing 9.Value of supply shall be construed to include:

ad
the value of supply of goods under GST? a. Any taxes, duties, cess, fees and charges levied under
a. Price of the goods any Act, except GST
b. Packing charges of the goods b. Any amount that the supplier is liable to pay which has
c. Tax levied by Municipal Authority on sale of the goods been incurred by the recipient and is not included in
d. All of the above the price.
Ans:- a b c d c. All the incidental expenses, subsidies linked to supply
and other interest, late fee and penalty
Ac
4. What shall be the treatment of subsidies received d. All of the above
from BAC Private limited while deriving Ans: a b c d
transaction value?
a. Shall be included in the transaction value, even if 10. Value of supply is considered to exclude:
not directly linked with supply a. Taxes, duties, cesses and fees levied under any
b. Shall be included only when such subsidy is directly other Act
linked with supply b. SGST and UTGST
c. (a) or (b) c. Compensation Cess
d. None of the above d. Both (b) and (c)
Ans: a b c d Ans: a b c d
t

5. Subsidies not directly linked to the price ----------- 11. Discount given after the supply is deducted from
subsidies provided by the Central and State the value of taxable supply, if –
ar

Governments are includible in value for charge of a. such discount is given as per the agreement
GST entered into at/or before the supply
a. Including b. such discount is linked to the relevant invoices
b. Excluding c. proportionate input tax credit is reversed by the
c. Either (a) or (b) recipient of supply
d. None of the above d. all of the above
Sm

Ans:- a b c d Ans:- a b c d

6. A deposit,----------------, given in respect of the supply
of goods or services or both shall not be considered
as payment made for the supply unless the supplier
applies the deposit as -----------?
a. Which is refundable, consideration for the supply
b. Which is not refundable, taxable value for the supply
c. Whether refundable or not, consideration for the
V’
12. Mr. A sells the goods to Mr. B for Rs.20,000 on 1st
April, 2018 and allows him a credit period on 15
days post that penalty of Rs.10 per day shall e
levied on the same. Mr. B makes a payment of
Rs.20,000 on 30th April, 2018 and Mr. A agreed for
the same. What shall be the value on which tax
shall be levied?

supply a. Rs.20,000
d. Whether refundable or not, taxable value for the b. Rs.20,150
supply c. Rs.20,300
Ans:- a b c d d. Any of the above
Ans: a b c d
7. Mr. A supplied goods worth of 1,00,000 for which he

29
4
2
 13. ABC consultancy firm is engaged to register a price to its distributors as per its contract. As per
company for XYZ Ltd. Other than professional fees invoice raised on the items supplied per carton, the
ABC consultancy also recovers fees paid to ROC on list price on the same amounts to INR 500. What
behalf of the XYZ Ltd. Determine Value of Supply? shall be the taxable value of such supply, given that

y
a. Professional Fees the discount is allowed at the time of supply and
b. ROC fees paid on behalf of XYZ Ltd. shown in invoice?
c. Both (a) and (b) a. INR 300

m
d. None of the above b. INR 350
Ans: a b c d c. INR 500
d. None of the above
14. Mr. A is providing construction services to Mr. B. In Ans:- a b c d
addition to the consideration, Mr. B is also supplying
construction material to Mr. A. determine Value of 19. Toll receipts from highway of Kolkata to Durgapur is

e
Supply to levy of GST? ` 80,00,000 and commission earned on toll receipts
a. Consideration excluding construction material is ` 8,00,000. The value of taxable supply will be:
b. Consideration including construction material a. ` 80,00,000
c. Neither of the two above b. ` 8,00,000

ad
d. As provided by the appropriate authority c. ` 88,00,000
Ans: a b c d d. Nil
Ans:- a b c d
15. A Chartered Accountant issued following bill –
(i) Professional fees – ` 1,00,000 20. Mr, A is selling a product for Rs.1,050 inclusive of
(ii) Out of pocket expenses – ` 10,000 GST. Rate of CGST and SGST will be 2.5% each.
(iii) MCA for e-filing of documents on MCA portal – Determine the value of supply.
` 5,000.
Ac
a. INR 1,000
His value of service for tax purposes is: b. INR 1,025
a. ` 1,15,000 c. INR 1,050
b. ` 1,10,000 d. None of the above
c. ` 1,05,000 Ans: a b c d
d. ` 1,00,000
Ans:- a b c d 21. Mr. A supplied services of `20,000 to Mr. B and such
services are covered in reverse charge mechanism.
16. Varun purchased certain goods worth INR 17,000 What shall be the taxable value in this case?
from Dushyant foods Pvt. ltd. As a matter of security, a. 20,000
t

Varun made a request to the supplier to provide for b. 10,000

an additional packaging on the given item for safe c. 10,714
d. Any of the above
ar

transportation which cost around INR 1500. The

supplier charged value of the additional packaging Ans: a b c d
separately after the supply was made. What is the
final value of such supply made? 22. What shall be the value of a token, voucher, coupon or
a. INR 17000 stamp which is redeemable against a supply of
b. INR 18500 goods and services?
c. INR 15500 a. Money value of such token, voucher, coupon or stamp
Sm

d. None of the above b. Money value of the goods or services or both

Ans:- redeemable against such token, voucher, coupon, or
a b c d stamp
17. Ram of Jaipur provides online gaming services. He c. Both (a) and (b)
earns ` 2,00,000 from Jammu & Kashmir, ` d. None of the above
10,00,000 from foreign users and ` 20,00,000 from Ans: a b c d
other users in India. The taxable value of service
will be: 23. Mr. Santa located in Nashik purchases 10,000 Hero
a. ` 32,00,000 ink pens worth Rs.4,00,000 from Lekhana
V’

b. ` 20,00,000 Wholesalers located in Mumbai. Mr. Mohan’s wife is

c. ` 22,00,000 an employee in Lekhana Wholesalers. The price of
d. Nil. each Hero pen in the open market is `52. The
Ans:- supplier additionally charges `5,000 for delivering
a b c d the goods to the recipient’s place of business. The
18 . Jiffy foods Pvt. ltd gives discount of 30% on the list value of such supply will be :

30
 a. ` 5,20,000
b. ` 5,25,000 Answers:-
c. ` 4,00,000
d. ` 4,05,000 1 a 15 b

y
Ans: a b c d
2 c 16 b
24. Determine the value of taxable supply as per
3 d 17 c

m
provisions of Section 15 of the CGST Act, 2017?
Contracted value of supply of goods (including GST 4 b 18 b
@ 18%) ` 11,80,000
The contracted value of supply includes the following : 5 b 19 b
1) Cost of Primary Packing ` 25000
2) Cost of protective packing at recipients request for 6 c 20 a

e
safe transportation `15,000
7 a 21 a
a) ` 10,00,000
b) ` 11,80,000 8 c 22 b

ad
c) ` 11,55,000
d) ` 11,40,000 9 d 23 d
Ans: a b c d
10 d 24 a
25. Determine the value of taxable supply as per 25 c
11 d
provisions of section 15 of the CGST Act, 2017?
Contracted value of supply of goods 12 a 26 a
(including GST @ 18%) ` 11,00,000
Ac a 27 a
Not included in above are: 13
I) Commission paid to agent by recipient on instruction
14 b
of supplier `5,000
ii) Freight and insurance charges paid by recipient on
behalf of supplier ` 75,000
a) ` 11,00,000
b) ` 11,80,000
c) ` 10,00,000
d) ` 11,75,000
t

Ans: a b c d

26. Comment: If the amount is the contractual liability of

ar

the supplier but paid by the recipient on his behalf,

that amount will be includible in value’ for purpose of
payment of GST.
a. Correct
b. Incorrect
c. Partially correct
Sm

d. None of the above

Ans: a b c d

27. What are the deductions allowed in case of

transaction value consideration?
a. Discounts specified in the invoice
b. Any payment made by customer on behalf of supplier
c. Packing charges
d. All of the above
Ans: a b c d
V’

31
4
2
7 Exemption

Think GST !
Think Vishal Sir...!!
 Basics:- a legal right.
1. The ac on of removing any tax obliga on or d. Exemp on cannot be claimed at later stage as
the assesse would be debarred, prohibited

y
liability imposed can be called as ___________ ?
a. Refund and estoppel for it.
b. Discount Ans:- a b c d
c. Exemp on

m
d. Allowance 7. Does exemp on from IGST automa cally operate
Ans:- a b c d as exemp on from CGST?
a. Yes
2. What are the way of gran ng exemp on? b. No
a. By general exemp on no fica on and by c. In selected cases
d. Yes, and from SGST also

e
special order
b. By general and specific exemp on Ans:- a b c d
no fica ons
c. By public no fica on and by specific 8. Is the exemp on or exclusion from GST the same

ad
announcement in official Gaze e thing?
d. None of the above a. Yes
Ans:- a b c d b. No
c. In selected cases
3. Under _____________ sec on of CGST / SGST Act d. Can’t be differen ated
and ____________ sec on of IGST Act, Ans:- a b c d
Government can issue a general exemp on
9. If the effec ve date is not men oned in the
no fica on.
Ac no fica on, date of issue of no fica on shall be
a. 6(1) and 11(1)
b. 11(1) and 6(1) treated as effec ve date. Comment.
c. 11(2) and 6(2) a. True
d. 6(2) and 11(2) b. False
Ans:- a b c d c. Maybe
d. The situa on is not possible
4. Under _____________ sec on of CGST / SGST Act Ans:- a b c d
and ____________ sec on of IGST Act,
10. Is it necessary to deposit the tax collected
Government can grant exemp on y way of
wrongly on the supply of goods or services
t

special order.
exempted?
a. 6(1) and 11(1)
a. No, if he doesn’t want to claim ITC
b. 11(1) and 6(1)
b. Yes, it is compulsory
ar

c. 11(2) and 6(2)

c. No, it’s prohibited
d. 6(2) and 11(2)
d. None of these
Ans:- a b c d
Ans:- a b c d
5. What would be the consequence of challenging a
11. Service by way of transfer of ___________ is
no fica on not in public interest? exempt from GST.
Sm

a. The person shall be solely responsible to prove a. Going concern

it. b. Goodwill
b. The person shall not be given any opportunity c. Patent
of being heard. d. Copyright
c. The person shall have to pay a heavy penalty Ans:- a b c d
for challenging it.
d. Both (b) and (c) are correct. 12. Where there are two possible interpreta ons of
Ans:- a b c d taxing provisions, one which is _____________
to the assesse should be preferred.
6. Which of the following statement is correct?
a. Against
V’

a. Exemp on cannot be claimed by making a

b. Less favourable
refund claim. c. Favourable
b. Exemp on cannot be claimed at adjudica on d. None of the above
stage if not claimed at inves ga on stage. Ans:- a b c d
c. Exemp on can be claimed at any stage as it is

32
Health Care :-
13. Which of the following services provided by
Good Health Care Nursing home are not exempt?
(1) Reiki healing treatment.
(2) Plas c surgery conducted to repair cle lip of a
new born baby.
(3) Air ambulance services to transport cri cally ill
pa ents from distant loca ons to Ayushman
Medical Centre.
(4) Pallia ve care for terminally ill pa ents. On
request, such care is also provided to pa ents at
their homes. (Pallia ve care is given to improve
the quality of life of pa ents who have a serious or
life-threatening disease but the goal of such care is
not to cure the disease).
(5) Alterna ve medical treatments by way of
Ayurveda.
a. (1) and (3)
b. (2) and (4)
c. (1)
d. (1), (4) and (5) .
Ans:- a b c d
14.Well-Being Hospital has received the following
amounts in the month of June, 20XX in lieu of
various services rendered by it in the same month.
You are required to determine its taxable value for
June, 20XX from the details furnished below:
Sr. No. Particular ` in Lakhs
1. Service provided by cord blood bank unit of the
nursing home by way of preservation of stem cells
2. Hair transplant services 100
t
3. Naturopathy treatments. Such treatment is a
recognized system of medicine in terms of section
2(h) of the Clinical Establishments Act, 2010
ar
4. Plastic surgery to restore anatomy of a child
affected due to an accident.
5. Pranic healing treatments. Such treatment is not a
recognized system of medicine in terms of section2(h)
of the Clinical Establishments Act, 2010
6. Mortuary services
Sm
Well-Being Hospital does not have its own
ambulances so it avails ambulance services from
Life Savers, an ambulance service provider, to
transport cri cally ill pa ents from various
loca ons to the Hospital. Examine whether Life
Savers would be charging any GST from Well Being
Hospital on the services provided by them.
Note: All the amounts given above are exclusive of
GST. The point of taxa on for the services rendered
by Well-Being Hospital in the month of June, 20XX
fall in the month of June itself.
V’
a. 220 lakhs
b. 230 lakhs
c. 250 lakhs
d. 300 lakhs
Ans:- a b c d
Charitable & Religious Sector:-
15. Which one of the following is true?
y
a. En re income of any trust is exempted from GST
b. En re income of a registered trust is exempted
from GST
c. Income from specified / defined charitable
m
ac vi es of a trust are exempted from GST
d. Incomes from specified / defined charitable
ac vi es of a registered trust (u/s 12AA of
Income Tax Act) are exempted from GST
Ans:- a b c d
e
16. Services by a person by way of conduct of any
___________ is exempt from GST.
a. Religious Ceremony
ad
b. Marriage Ceremony
c. Fes val Ceremony
d. Entertainment Ceremony
Ans:- a b c d
17. Open area in the precincts of a temple has been
rented for a marriage for a day. In which of the
Ac
following cases, such ren ng is exempt from GST?
(a) Temple is owned by Sanatan Charitable Trust
(registered under sec on 12AA of the
Incometax Act, 1961) and considera on
charged is ` 9,000.
(b) Temple is owned by Sanatan Charitable Trust
24 (registered under sec on 12AA of the
Incometax Act, 1961) and considera on
charged is ` 11,000.
80 (c) Temple is owned by Sanatan Charitable Trust
(registered under sec on 12AA of the
Incometax Act, 1961) and considera on
30
charged is ` 15,000.
120 (d) None of the above.
Ans:- a b c d
10 18. Divyakripa Trust, an en ty registered under sec on
12AA of the Income-tax Act, 1961, has furnished
you the following details with respect to the
ac vi es undertaken by it. You are required to
compute its taxable value from the informa on
given below for the month of June 2019
Par culars `
Amount received for the Yoga camps organized for elderly people 4,83,000
Payment made for the services received from a service provider 5,50,000
located in US, for the purposes of providing 'charitable ac vi es'
Amount received for counseling of mentally disabled persons 10,50,000
Amount received for ren ng of commercial property owned by 1,50,000
the trust
Amount received for ac vi es rela ng to preserva on of forests 12,35,000
and wildlife
33
4
2
 a.1,50,000 Abinav enterprises having a turnover of `
b. 5,50,000 25,00,000 lakh in previous year being a
c. 7,00,000 registered person under GST, for such services a
d. 18,68,000 fee of ` 42,000 was charged

y
Ans.: a b c d iii) Mr. Sagar another individual advocate having
turnover of `15 lacs in preceding financial year.
19. Niwas Sadan Charitable Trust is registered under a. Exempt, Taxable, Exempt

m
sec on 12AA of the Income Tax Act, 1961 . It b. Taxable, Taxable, Taxable,
owns and manages a temple located at Mathura c. Exempt, Exempt, Exempt,
meant for general public. The temple compound d. Taxable, Exempt, Taxable
has residen al dwellings, rooms, Kalyan Ans: a b c d
Mandapam, Halls and shops. It provides the

e
following informa on rela ng to supply of its
services for the month of August 2017 . You are
Agriculture Sector:-
required to compute the total taxable value of
supply for the month of August 2017 assuming 22. Which of the following is not exempted -?

ad
that the given amounts are exclusive of GST:- a. Health care service to human beings by
` authorized medical prac oners / para medics
Ren ng of residen al dwellings for use as a residence 18,00,000 b. Health care services to Animals/Birds
Ren ng of rooms for pilgrims (Charges per day ` 1,200) 8,00,000
c. Slaughtering of animals
d. Rearing horses
Ren ng of rooms for devotees (Charges per day ` 750) 6,00,000
Ans:- a b c d
Ren ng of kalyana mandapam (Charges per day ` 15,000) 12,00,000
Ac
Ren ng of halls (Charges per day ` 7,500) 10,75,000 23. If services by way of breeding of fish is ` 5,00,000
Ren ng of shops for business (Charges per month ` 9,500) 4,75,000 and supply of firm labour is ` 2,00,000, the
Ren ng of shops for business (Charges per month ` 12,000) 7,50,000 taxable value of supply will be:
(a) ` 5,00,000
a.27,50,000 (b) ` 2,00,000
b. 32,25,000 (c) Nil
c. 25,50,000 (d) ` 7,00,000.
d. None of the above Ans:- a b c d
Ans.: a b c d
t

24. ABC Ltd. has income from ren ng of vacant land

Legal Sector:- to a stud firm of ` 1,00,000 and leasing of vacant
ar

land to a ca le firm of ` 50,000. The value of

20. If the aggregate turnover of in FY 2018-19 of taxable supply will be:
M/s Guruganesh Enterprises, Aurangabad, (a) ` 1,00,000
Maharashtra, India was `18.5 lakh, exemp on is (b) ` 50,000
available for the following services rendered to (c) ` 1,50,000
Guruganesh Enterprises - (d) Nil.
Sm

a. Arbitral Tribunal services Ans:- a b c d

b. Legal services by firm of advocates
c. Legal services by senior advocate 25. Which of the following services are exempt under
d. All of the above GST?
Ans:- a b c d (a) tes ng of agricultural produce
(b) supply of farm labour
21. Mr Ashok kumar a senior advocate engaged in (c) warehousing of agricultural produce
providing arbitral services pertaining to (d) all of the above
corporate & legal affairs. During the financial year Ans:- a b c d
V’

it has provided the following services:-

I) Represented in an appeal ma er for his client 26. Services by way of warehousing of _____is
Mr Agarwal being an individual unregistered exempt from GST.
under GST (I) pulses
ii) Provided legal consultancy services to M/s (ii)milk

34
(iii)salt 4. Plantation of Rubber 3.5
(iv)rice 5. Processing of Potato Chips 1.5
(a) (i) & (ii)

y
6. Pest control to protect Agricultural Produce 2.0
(b) (iii)
(c) (iv) 7. Warehousing of minor forest produce 1.70
(d) all of the above 8. Artificial insemination of horses 3.75

m
Ans:- a b c d a. 11.75 lakhs
b. 8.25 lakhs
27. Warehousing of _____________ is exempt from c. 5.25 lakhs
GST. d.6.95 lakhs
1) Rice. Ans: a b c d
2) Minor forest produce

e
3) Jaggery
4) Whole gram
Transport Sector:-
a) 1), 2) and 4)
30. Transporta on of passengers exempted if -

ad
b) 1) and 3)
c) 2), 3) and 4) a. It is by air-condi oned stage carriage
d) 3) b. It is by air-condi oned contract carriage
Ans:- a b c d c. It is by non-air-condi oned stage carriage
for tourism, charter or hire
28. 'Jain Agro Handlers' furnishes the following d. None of the above
Ans:- a b c d
details with respect to the services provided by
them in the month of June, 20XX:
Ac 31. Transporta on of passengers is exempted -
Sr. No. Par culars ` a. In an air-condi oned railway coach
1. Supply of farm labour 58,000 b. In a vessel for public tourism purpose between
2. Warehousing of Biscuit 1,65,000 places in India
3. Sale of rice on commission basis 68,000 c. In a metered cab/auto rickshaw / e rickshaw
4. Training of farmers on use of new pes cides and fer lizers 10,000 d. In all the above men oned
developed through Scien fic research Ans:- a b c d
5. Ren ng of vacant land and other services to a stud farm 1,31,500
(rearing of horses) 32. Transporta on of goods is not exempted if it is -
6. Tes ng undertaken for soil of a farm 1,21,500 a. by a goods transport agency / courier agency
t

7. Leasing of vacant land to a poultry farm 83,500 b. by inland waterways

c. by an aircra from a place outside India upto
Compute the value of taxable service of 'Jain Agro
the customs sta on of clearance in India
ar

Handlers' for the month of June, 20XX. Assume

d. by all the above men oned
that point of taxa on in respect of all the Ans:- a b c d
ac vi es men oned above falls in the month of
June, 20XX itself. GST has been charged 33. Transporta on of agricultural produces, milk,
separately, wherever applicable. salt and food grain including flour, pulses and
a. 4,86,000 rice, 'relief materials meant for vic ms of natural
Sm

b. 4,48,000
or man-made disasters, calami es, accidents or
c. 3,64,500
mishap', newspaper or magazines registered
d. 2,96,500
Ans:- a b c d with the Registrar of Newspapers - is exempted
a. If it is by a goods transport agency
29. You are required to compute the value of taxable b. If it is by a rail - within India
c. If it is by a vessel - within India
services in respect of the following transac ons
d. If it is by all of the above
made available by A. Ltd dealing in agriculture
Ans:- a b c d
related services in the month of December 2019
V’

34. Transporta on of goods by____are exempt from

Sr. No. Particulars ` in Lakhs
GST.
1. Renting of Agro-machinery 5 (I) road
2. Cultivation of Ornamental flowers 2.5 (ii) inland waterways
3. Processing of Tomato ketchup 3 (iii)goods transporta on agency

35
4
2
 (iv) courier agency 2. Freight for transport of food grains and 1,50,000
pulses
(a) (i) & (ii) 3. GTA Service to an Unregistered Person 6,00,000
(b) (iii) & (iv)

y
(not falling in no fied category)
(c) (i) and (iv) 4. Composite Service which include Packing / 2,00,000
(d) (i) [except (iii) & (iv)] & (ii) unpacking, loading, unloading in the course of
transporta on by road
Ans:- a b c d

m
a. Nil
35. Transporta on of ____by rail from Chennai to
b.30,00,000
Gujarat are exempt from GST. (i) pulses (ii)
c.6,00,000
military equipments (iii) electric equipments (iv)
d.2,00,000
biscuits
Ans:- a b c d

e
(a) (i) & (ii)
(b) (i) & (iii)
(c) (ii) & (iv) 39. Calculate the value of taxable service of 'X'
(d) all of the above Transport Company engaged in the business of

ad
Ans:- a b c d transport of goods by road. Give reasons for
taxability or exemp on of each item. No freight is
36. Transport of ______________ by rail are exempt
received from any of the specified category of
from GST:
(a) Milk consignor/consignee. Suitable assump ons may
(b) Salt be made wherever required.
(c) Defence equipments Sr. No. Par culars `
(d) All of the above
Ac
Ans:- a b c d 1. Total freight charges received by 'X' during the year 13,50,000
2. Freight charges received for transpor ng fruits 1,25,000
37. Determine whether the following are liable to GST 3. Freight collected for transpor ng small consignment 75,000
or not for persons who paid less than ` 750 for each consignment
(i) O mini is a radio taxi operator. Value of services 4. Freight collected for transpor ng goods in small vehicles 1,50,000
for persons who paid less than ` 1,500 per trip
provided is ` 1,00,000
(ii) Value of services provided by a Company running a. 10,00,000
air-condi oned buses for point to point travel is b. 13,50,000
`5,00,000. The buses do not stop to pick or drop c.12,25,000
t

the passengers during the journey d.11,25,000

(iii) Value of services provided by a Company Ans. a b c d
ar

running non air-condi oned buses for point to

40 Discuss whether GST is chargeable in respect of
point travel is `1,00,000. The buses do not stop goods transport agency service in each of the
to pick or drop the passengers during the following cases
journey (i) Transporta on of organic manures ` 50,000.
a. Taxable, Taxable, Taxable (ii) Transporta on of goods by a single goods
Sm

b. Exempt, Exempt, Exempt carriage ` 1,800

c. Taxable, Exempt, Exempt
d. Taxable, Taxable, Exempt
Ans:- a b c d
38. M/s. Commercial Goods Services, a Goods
Transport Agency, furnishes the following
informa on in respect of services provided for the
year ending March 31, 2019. Determine the Value
V’
(iii) Transporta on of military equipment's
` 25,000
(iv) Transporta on of polyester fiber ` 15,000
a. Exempt, Exempt , Taxable, Taxable
b. Exempt, Taxable, Exempt , Taxable
c. Taxable, Taxable, Taxable, Exempt
d. Exempt, Exempt, Exempt, Taxable
Ans.: a b c d

of Taxable Services.

Sr. No. Par culars `

1. Service Provided to M/s XYZ co. Ltd 30,00,000
(A GST registered person)

36
Ren ng of Immovable property/ Hotel/ (c) Kesar Maharaj is liable to pay CGST and SGST of `
INN, etc.:- 900 and ` 900 respectively.
(d) None of the above

41. Ren ng of residen al dwelling for any purpose
is exempt from GST. Comment.
a. Yes, it can be rented for usage of any
y
Ans:- a b c d
45. Which of the following are services exempt from GST?
(a) Services by an artist by way of a performance in folk

m
purpose. or classical art forms of painting/sculpture making
b. No, it should have been rented for residen al etc. with consideration therefor not exceeding ` 1.5
purpose only. lakh.
c. No, it should have been rented for (b) Services by an artist by way of a performance in
commercial purpose only modern art forms of music/ dance/ theatre with

e
d. No, it should have been rented for charitable consideration therefor not exceeding ` 1.5 lakh.
purpose only. (c) Services by an artist by way of a performance in folk
Ans:- a b c d or classical art forms of music/ dance/theatre with
consideration therefor not exceeding ` 2.5 lakh.

ad
42. Mr. Narayan Goel has booked a room on rent in (d) Services by an artist by way of a performance in folk
or classical art forms of music/ dance / theatre with
Sunshine Hotel for the purpose of lodging on
consideration therefor not exceeding ` 1.5 lakh.
10.08.20XX. GST is not payable by Mr.Narayan Ans:- a b c d
Goel in case rent for the same is____
(a) ` 800 46. Services by way of admission to ______________ are
(b) ` 6000 exempt from GST.
(c) ` 11000 (a) Museum
Ac
(d) ` 1500 (b) National park
Ans:- a b c d (c) Tiger reserve
(d) All of the above
43. XYZ Ltd. has a Hotel which he runs in Manali, for Ans:- a b c d
which he charges the following tariffs and gives
47. Compute value of taxable supplies and GST from
the following details. Calculate the taxable value.
following sums received by M/s SKC Ltd. (exclusive
Room Declared Discount No. of room days Booking of GST)
Type Tariff offered Room days
(1) Holding a dance programme, entry ckets
t

10*30=300 [It basically means 25 whereof were sold for `250 per person `30
A 1,500 300 that 10 such rooms are in the
lacs
hotel of which occupancy on an
(2) Admission to Planetarium: ` 4 lakh, entry cket
ar

Average was 70%]

whereof is ` 350 per person
a. 2,62,500
(3) Holding an cricket match between India and
b. 2,10,000
c. 2,52,000 South Africa organized by BCCI, entry ckets
d. Nil whereof were sold for ` 550 per person : ` 610
Ans:- a b c d lacs
Sm

(4) Holding an Indian Premier League (IPL) Match

Entertainment Sector:- between Pune warriors & Royal Challengers
entry cket whereof were sold for ` 250 per
44. Kesar Maharaj, a registered supplier, gave a classical person : `80 Lacs
dance performance in an auditorium. The (5) Holding an award func on, entry ckets
consideration charged for the said performance is `
1,60,000. Such performance is not for promotion of whereof were sold for `200 per person : ` 40
any product/services. Rate of CGST and SGST on lacs
such services is 9% each. Assuming the services a. 610 lakhs
supplied by him to be intra-State supplies, which of the b.640 lakhs
V’

following statements are true? c. 690 Lakhs

(a) GST liability of Kesar Maharaj is Nil as services d. 614 lakhs
provided by him are exempt. Ans:- a b c d
(b) Kesar Maharaj is liable to pay CGST and SGST of `
14,400 and ` 14,400 respectively. 48. Mr. Navab, a performing ar st, provides the

37
4
2
 following informa on rela ng to August, 2018. 52. Fortune Ltd. provides the following informa on
Receipts from: Compute value of Taxable suppy rela ng to their services for the month for
Par culars ` August, 2019, Compute the value of taxable

y
supply.
Performing classical dance 98,000
Particulars `
Performing in television serial 2,80,000
Gross receipts from

m
Services as brand ambassador 12,00,000
Running a Boarding School (including receipts for 28,00,000
Coaching in recrea onal ac vi es rela ve to arts 2,10,000 providing residen al dwelling services `12,00,000)
Performing western dance 90,000
Conduc ng private tui ons 16,00,000
Above figures are exclusive of GST.
Educa on services for obtaining a qualifica on 8,00,000
a. 18,78,000

e
recognised by law of a foreign country
b.17,80,000
c.16,68,000 Conduc ng modular employable skill course, approved 10,00,000
by Na onal Council of voca onal training
d. 15,70,000

ad
Ans:- a b c d Fees from prospec ve employers for campus interview 6,00,000

Ren ng of furnished flats for temporary stay to different persons 6,80,000

Banking & Financial Sector:-
a. 36,80,000
b. 46,80,000
49. Bank extended housing loan of ` 20,00,000 to Mr. A.
c. 74,80,000
The taxable value of supply will be:
(a) ` 20,00,000 d. 64,80,000
(b) Nil, as not service
Ac Ans:- a b c d

(c) Nil, as exempted vide notification

(d) None of the above. 53. Which of the following ac vity is taxable
Ans:- a b c d I. Indiana Engineering College, a recognised
educa onal ins tu on, has conducted an
50. New Bank of India Ltd. provides the following entrance test examina on for various courses run
informa on for the month of April, 2018. by it and charged entrance fees from the
Compute the value of taxable service applicants.
Sr. No. Par culars ` I I . I I M o f A h e m d a b a d p ro v i d e s E xe c u v e
Development Programs at their premises located
t

1. Interest Received on various loans including home loan 2000

Administra ve charges and folio charges collected 120
in Ahemdabad.
2.
III. A course in a college leads to dual qualifica on
3. Value of sale and purchase of forward contract 100
ar

which is recognized by law.

4. Charges for credit card and debit card facili es extended 200 IV. Voca onal training provided by private ITIs in
5. Charges for ATM card transac on 200 designated trades and in other than designated
6. Commission received for DD, transfer and cheque collec on 200 trades
7. Margin earned on reverse repo transac ons
a. II, IV
400
b. I, III
Sm

a. 720 c. II, III

b. 1120 d. I, II, III, IV
c. 920 Ans:- a b c d
d. 820
Ans: a
Sportsman Sector:-
b c d

Educa on Sector:- 54. Whether the following services are exempt

under this head or taxable?
51. Renting of property to an educational body is:
V’

Sr. No. Particular Amount in `

(a) taxable
(b) not chargeable to GST 1. Services provided to a recognized sports body by an individual as a 12,40,000
(c) Not at all supply player, referee, umpire, coach or team manager for par cipa on in a
(d) None of the above. spor ng event organized by a recognized sports body
Ans:- a b c d 2. Service of a player to a franchisee which is not a recognized 6,80,000
sportsbody

38
 3. Services by a recognized sports body to another recognized sports body 1,20,000 transport of passengers are exempted
Services by individuals such as selectors, commentators, d. All the above men oned
4. 6,90,000
curators, technical experts Ans:- a b c d

y
5. Services of an individual as umpire, referee when provided 1,20,000
59. Compute the value of taxable service in the
directly to a recognized sports body
following case

m
a. 9,30,000 Par culars `
b.13,70,000 Services provided by Government to various individuals 1,05,000
c.14,90,000 by way of issuance of driving licence
d.16,10,000 Services provided by BIRAC approved bio-incubators to incubates 15,00,000
Ans:- a b c

e
d
Transporta on of passengers by ropeway 5,20,000

Government Sector:- Express parcel post services provided by the

Hasanchowk Post Office to various individuals *Amount 8,00,000
charged does not exceed ` 5,000 in any of the transac ons

ad
55. Services provided to the Central Government,
State Government or Union Territory or local a. 13,20,000
authority or a Government Authority by way b. 14,25,000
c.28,20,000
of______________ are exempt.
d.29,25,000
a. In rela on to any func on entrusted to a
Ans:- a b c d
Panchayat under ar cle 243G of the
Cons tu on
Miscellaneous :-
b. In rela on to any func on entrusted to a
Ac
Municipality under ar cle 243W of the
Cons tu on 60. Core services of which organiza on is not
c. In rela on to any func on entrusted to a exempted -
Municipality under ar cle 243G of the a. Services provided by the Insurance
Cons tu on Regulatory and Development Authority of
d. Both (a) and (b) India to insurers
Ans:- a b c d b. Services provided by the Securi es and
Exchange Board of India set up under the
56. Which of the following services is exempt? Securi es and Exchange Board of India Act,
t

a. Basic mail services 1992 (15 of 1992) by way of protec ng the

b. Speed post services interests of investors
c. Express parcel post services
ar

c. Services by Port Trusts

d. Life insurance services d. Services by the Reserve Bank of India
Ans:- a b c d
Ans:- a b c d
57. Government granted exemp on to PSU’s but did 61. Services by a Non-Profit en ty (Registered or
not gave the same to private sector. Comment. Unregistered) are exempted
a. Permissible
Sm

a. If they are to its own members provided the

b. Not permissible
contribu on received is up to ` 7500 per
c. Discriminatory
month from a member
d. Both (b) and (c)
b. If they are to its own members, provided the
Ans:- a b c d
contribu on received is up to ` 7500 per
month from a member towards sourcing
58. Which is a wrong statement?
goods/services from any third person for
a. All services of Department of Post are
common use of members
exempted
c. If they are to its own members, provided the
b. All services by State/Central
contribu on is less than ` 7500 per month
V’

Governments/local authori es in rela on to from a member towards sourcing

an aircra or a vessel in a Port or an Airport goods/services from any third person for
are exempted common use of members
c. All services by State/Central d. If they are to its own members, provided the
Governments/local authori es in rela on to contribu on is up to `7500 per month per

39
4
2
 member for common use specified members dance performance where considera on
Ans:- a b c d charged is `1,40,000.
(iv) Transporta on of agriculture produce by air

y
62. Which of the following schemes of the life from one place to another place in India
insurance business is exempted? (v) Services by way of loading, unloading, packing,
(a) Janashree Bima Yojana storage or warehousing of rice

m
(b) Aam Aadmi BimaYojana (vi) Service provided by GTA where considera on
(c) Varishtha Pension BimaYojana charged for transporta on of goods for a
(d) All of the above. single
Ans:- a b c d carriage is Rs. 900
(a) (I), (v), (vi)
63. Which of the following services are not exempt

e
(b) (iii), (iv), (v)
from GST? (c) (I), (iii), (iv)
(a) Yoga camp conducted by a charitable trust (d) (iv), (v)
registered under sec on 12AA of the Income- Ans:- a b c d

ad
tax Act, 1961.
(b) Services provided by business correspondent to 66. Which of the following ac vi es are exempt from
the rural branch of a bank with respect to GST?
Savings Bank Accounts (a) Religious pilgrimage organised by Todarmal
(c) Services provided by cord blood bank for Charitable Trust.
preserva on of stem cells. (b) Loading, packing and warehousing of jaggery
(d) Service provided by commentator to a and pulses.
recognized sports body
Ac (c) Milling of paddy into rice.
Ans:- a b c d (d) None of the above.
Ans:- . a b c d
64. Which of the following ac vity is taxable under
GST: - 67. Which of the following statements is true?
(i) Services by a hotel having declared tariff of 1. Services provided by Government ITIs to
` 1,200 but amount charged from customer is individual trainees are exempt from GST.
` 800 2. Services provided by the State Governments and
(ii) Transporta on of passengers by non-air- Private Service Providers by way of
condi oned railways transporta on of pa ents in ambulance are
t

(iii) Transporta on of passengers by vessel exempt from GST.

predominantly for tourism purpose for places 3. Services of ren ng of shops in a hospital are
ar

located in India exempt from GST being health care services.

(iv) Transporta on of agriculture produce by air 4. Services provided by Police to PSUs are taxable.
from one place to another place in India (a) 1, 2 & 4
(v) Services by way of loading, unloading, packing, (b) 2, 3 & 4
storage or warehousing of rice (c) 3. & 4.
(vi) Service provided by GTA where considera on (d) All of the above.
Ans:- a b c d
Sm

charged for transporta on of goods for a single

carriage is Rs. 900
(a) (I), (v), (vi) 68. Examine the following independent services
(b) (iii), (iv), (v) provided in the month of August, 2019 and
(c) (iii), (iv) compute the value of taxable supply
(d) (iv), (v) Sr. No. Par culars `
Ans:- a b c d
1. Services by way of waxing of apples to provide it 1,00,000
an ar ficial sheen for increasing its marketability
65. Which of the following ac vity is taxable under
GST? 2. Admission to a Railway Museum 50,000
V’

(i) Supply of food by a hospital to pa ents (not 3.
admi ed) or their a endants or visitors.
(ii) Transporta on of passengers by non-air- 4.
condi oned railways
(iii) Services by a brand ambassador by way of folk 5.
Transporta on of pa ents to ABC Nursing Home 1,20,000
and Bheem Mul specialty Hospital, in an ambulance
owned by XYZ Ltd.
Admission to a Telly Award Func on [Value per cket 5,10,000
per person is ` 510]
Transporta on of milk by a goods transport agency 1,50,000

40
 a.5,60,000
b. 6,60,000

y
c. 5,10,000
d. 6,30,000
Ans:- a b c d

m
69. Which of the following is taxable supply
a. Transport facility provided by a School to its
students through a fleet of buses and cabs owned
by the School.
b. Transport facility provided by a School to its

e
students through a private Bus/Cab Operator.
c. Service provided by a private transport operator to
a School in rela on to transporta on of students

ad
to and from a School.
d. Service provided in rela on to repair or
maintenance of aircra owned by a State
Government.
Ans:- a b c d Ac
Answer:-

1 c 11 a 21 a 31 c 41 b 51 a 61 b

2 a 12 c 22 d 32 a 42 a 52 a 62 d

3 b 13 c 23 c 33 d 43 b 53 a 63 d
t

4 c 14 a 24 a 34 d 44 b 54 b 64 c
ar

5 a 15 d 25 d 35 a 45 d 55 d 65 c

6 c 16 a 26 c 36 d 46 d 56 a 66 d

7 b 17 a 27 a 37 d 47 a 57 a 67 a

8 b 18 a 28 c 38 a 48 d 58 d 68 c
Sm

9 a 19 a 29 b 39 a 49 b 59 a 69 d

10 b 20 d 30 d 40 b 50 a 60 c
V’

41
4
2
 8 Input Tax Credit

Think GST !
Think Vishal Sir...!!
42
Section16:- 8. Can the taxable person under Composition Scheme
claim input tax credit
1. Whether definition of Inputs includes capital goods. a. Yes
a. Yes b. No

y
b. No c. Only in some cases
c. Certain capital goods only d. Can’t say
d. None of the above Ans:- a b c d

m
Ans:- a b c d
9. Mr. A, non-resident taxable person bought goods
2. Is it mandatory to capitalize the capital goods in from USA for the trade fair to be organized in Pune.
books of Accounts? At the customs, he paid IGST. Will he get the credit
a. Yes of the IGST paid?
b. No a. Yes

e
c. Optional b. No
d. None of the above c. Maybe
Ans:- a b c d d. Yes, with permission of Customs
Ans:- a b c d

ad
3. Whether credit on inputs should be availed based on
receipt of documents or receipt of goods 10. Whether credit on capital goods can be taken
a. Receipt of goods immediately on receipt of the goods?
b. Receipt of Documents a. Yes
c. Both a and b b. No
d. Either receipt of documents or Receipt of goods c. After usage of such capital asset
Ans:- a b c d d. The time when asset is capitalized in books
Ac Ans:- a b c d
4. Whether the recipient can claim ITC on the basis of
revised invoices. 11. ITC avoids the ______________
a) Yes a. Cascading effect
b) No b. Compliance burden
c) c. Working capital usage
d) d. Difficulty in operating business
Ans:- a b c d Ans:- a b c d

5. Whether Input tax credit on Inputs and Capital Goods 12. Which of the following are covered in the definition
t

is allowed in one installment? of input tax?

a. Yes i. Tax paid under RCM
ii. IGST on imports
ar

b. No
c. Maybe iii. Taxes on composition levy
d. None of the above iv. CGST
Ans:- a b c d Mark the correct option:
a. (i) & (ii)
6. Input tax credit is available only when the purchase b. (I), (ii) & (iv)
c. (I), (ii) & (iii)
Sm

made is used in ____________

a. The course or furtherance of business d. All of the above
b. Other than business expenses Ans:- a b c d
c. Both (a) and (b)
d. None of the above 13. If the person makes export supplies or supplies to
Ans:- a b c d SEZ, will he be eligible to avail the ITC?
a. Yes, if he supplies under Bond / LUT
7. What are the prior conditions to claim input tax b. Yes, if he doesn’t supply under Bond / LUT
credit? c. Yes, he can avail ITC in any situation
a) Tax invoice or debit note should be available d. None of the above
V’

b) The person should have received the goods/services Ans:- a b c d

c) Tax charged on the purchases has been
deposited/paid to the government by the supplier
d) All of the above
Ans:-
Q.14.ITC is eligible only when it is--------- ----------
a) Credited to the electronic cash ledger
b) Credited to the electronic credit ledger
c) Booked in the books of account

43
4
2
 d) All of the above b) If purchaser fails to pay value along with tax amount to
Ans:- a b c d supplier within 180 days, then the ITC amount along
with interest should be reversed from the electronic
15. The input tax credit on purchase invoice dated 2nd ledger.

y
May 2017 was omitted to be taken. The accountant c) If purchaser fails to pay taxable value to supplier within
realized this mistake on 1st November 2018. Can he 180 days, then the ITC amount should be added to his
now claim the credit? output tax liability.

m
a. Yes d) If purchaser fails to pay the tax amount to supplier
b. No within 180 days, then the ITC amount should be
c. Yes, with permission of Jurisdictional officer added to his output tax liability.
d. Maybe Ans:- a b c d
Ans:- a b c d

21. In which of the following situations, taxpayer needs

16. Comment: Supply of goods can be spread over a
period of time, It is not necessary that all elements
should be supplied at the same time
a. Correct
e
to reverse the credit already taken?
(a) If payment is not made to the supplier within 45 days
from the date of invoice
(b) If payment is not made to the supplier within 90 days

ad
b. Incorrect from the date of invoice
c. Partially correct (c) If payment is not made to the supplier within 180 days
d. None of the above from the date of invoice
Ans:- a b c d (d) None of the above
Ans:- a b c d
17. Mr. A placed an order with Mr. B of 20,000 pcs on 1st
January 2017 and the same order is to be received 22. In case supplier has deposited the taxes but the
Ac receiver has not received the documents, is
on last day of every month i.e. 2,000 pcs per month
shall be received in next 10 months. When can Mr. A receiver entitled to avail credit?
can avail ITC? a. Yes, it will be auto populated in recipient monthly
a. 28th February, 2017 returns
b. 31st October, 2017 b. No as one of the conditions of 16(2) is not fulfilled
c. 31st March, 2017 c. Yes, if the receiver can prove later that documents are
d. Proportionately with receipt of every instalment received subsequently
Ans:- a b c d d. None of the above
Ans:- a b c d
18. If the goods are received in lots/installment, -----------
t

------------------- 23. Mr. A purchased goods from Mr. B on 1st May, 2018
(a) 50% ITC can be taken on receipt of 1st installment and and fulfilled all the conditions for availing the ITC.
balance 50% on receipt of last installment. He availed the credit in the May Month i.e. in its
ar

(b) ITC can be availed upon receipt of last installment.
(c) 100% ITC can be taken on receipt of 1st installment.
(d) Proportionate ITC can be availed on receipt of each
lot/installment.
Ans:- a b c d
Sm
GSTR – 3B which was filed on 15th June, 2018. He
made the payment to Mr. B on 31st December, 2018.
Answer the following questions.
Can recipient claim the credit even if he has not
made the payment to supplier within 180 days?
a. Yes

19. Mr. A placed an order with Mr. B in April 2018. He has b. No

received the invoice and both of them has duly filed c. Irrelevant question
the return along with the necessary tax payment. d. None of the above
But the goods were received in May 2018. When can Ans:- a b c d
Mr. A claim the credit?
a. April 2018 24. In question 23, at what interest rate Mr. A need to
b. May 2018 repay the credit wrongly availed?
c. September 2018 a. 18% p.m.
d. Either (a) or (b) b. 12% p.m.
V’

Ans:- a b c d c. 18% p.a.

d. 12% p.a.
20. Which of the following statement is correct? Ans:- a b c d
a) If purchaser fails to pay value along with tax amount to
supplier within 180 days, then the ITC amount along 25. In question 23, after making the payment on 31st
with interest should be added to his output tax liability. December 2018, can Mr. A reclaim input tax credit?

44
 a. Yes composition levy
b. No (b) free samples
c. Maybe (c) goods used for personal consumption
d. Not allowed (d) all of the above

y
Ans:- a b c d Ans:- a b c d

26. In question 23, is there any time limit for re-availing 32. Which of the following Input Tax credit (ITC) is not

m
the credit? available to the tax payer:-
a. One month (a) ITC on Goods purchased for resale
b. One year (b) ITC on Goods used for providing taxable services
c. 180 days (c) ITC on Goods used in making supplies out of India
d. No time limit (d) ITC on purchase of Motor vehicle for use by director
Ans:- a b c d Ans:- a b c d

e
27. Can the recipient avail the Input tax credit for the 33. ITC of motor vehicles used for _________________
part payment of the amount to the supplier within is allowed.
one hundred and eighty days? (a) Transportation of goods

ad
a. Yes, on full tax amount and partly value amount (b) Transportation of passengers
b. No, he can’t until full amount is paid to supplier (c) Imparting training on driving
c. Yes, but proportionately to the extent of value and tax (d) All of the above
paid Ans:- a b c d
d. Not applicable is eligible to claim refund in respect of
exports of goods le 34. ITC on motor vehicles on its leasing, renting or hire
Ans:- a b c d is not allowed except ________________
Ac a. When used for making outward supply of same
28. What should be the treatment of tax element in a category of goods or services
capital asset? b. When used for making outward supply of different
a. Capitalize the tax element and claim depreciation category of goods or services
b. Claim the ITC at first instance c. When making outward sale of such motor vehicles
c. Either (a) or (b) d. None of the above
d. Both (a) and (b) Ans:- a b c d
Ans:- a b c d
35. ITC is blocked in case of construction, repairs, -------
29. A person has a single GST registration in respect of -, ----------, ------------ except plant & machinery ----
t

two different trade names. Can he set off input tax -

credit from one trade name against the output tax a) Renovation, alteration, re-construction of
liability of the other? immovable property, on own account
ar

a. Yes b) Renovation, maintenance, re-construction of

b. No immovable property, on others account
c. Maybe c) Renovation, alteration, re-construction of
d. None of the above immovable property, on his principals account
Ans:- a b c d d) Re-construction, alteration, re-construction of
immovable property, on his own account
Sm

30. In which of the following conditions the input tax Ans: - a b c d

credit will be available?
(a) Capital goods used for making exempted goods 36. Mr. A, a practicing Chartered Accountant
(b) Capital goods used for exclusively non-business purchased 3 laptops each having tax elements of
(personal) purpose Rs.40,000 in his firm name. two laptops he utilized
(c) Depreciation has been claimed on tax component of in his office whereas one laptop he gifted to his
capital goods sister. What is the amount of ineligible ITC?
(d) None of the above a. Rs.40,000
Ans:- a b c d b. Rs.50,000
V’

c. Rs.75,000
SECTION 17 d. Rs. 80,000
Ans:- a b c d
31. Input tax credit is not available in respect of
_______. 37. In which of the following cases, input tax credit is
(a) services on which tax has been paid under not allowed?

45
4
2
 (a) Packing material used in a factory support including foundation & structural
(b) Goods used for providing services during warranty support are --------------- for the ITC.
period a) Eligible
(c) Inputs used for quality control check b) Not eligible

y
(d) Confectionery items for consumption of employees c) Eligible, with permission of Jurisdictional officer
working in the factory d) None of the above
Ans:- a b c d Ans:- a b c d

m
38. GST Authorities raised Mr. A’s place of business and 43. Situations:
found that tax has been evaded. The proceedings I. Health insurance of factory employees [Not
under section 73 were started and Mr. A was made notified by Government]
liable to pay a tax of Rs. 2 crore along with the ii. Composite service used for installation of plant
interest and penalty. For which of the following and machinery

e
amounts Mr. A can claim ITC? iii. Purchase of car used by director for the business
a. Rs. 2 crore meetings only
b. Rs. 2 crore and interest paid separately Comment on the eligibility of the credit in below
c. Rs. 2 crore, interest and penalty paid separately mentioned cases.

ad
d. No ITC shall be allowed a. Not eligible, eligible, not eligible
Ans:- a b c d b. Not eligible, not eligible, not eligible
c. Eligible, not eligible and not eligible
39. Mr. A purchased goods from Mr. B a composition d. Eligible, eligible and not eligible
dealer worth Rs.2,00,000. Since Mr. B was trader so Ans:- a b c d

he was supposed to pay only 1% of his turnover as

his tax. The item so purchased was otherwise 44. Inputs are procured by Mr. A for his business and the
Ac
taxable at 12%. What is the amount of credit which same are being utilized in manufacturing of
Mr. A is eligible to take? exempted as well as taxable goods. What should be
a. Rs. 2,000 follow?
b. Rs. 24,000 a. Full ITC to be claimed
c. Rs. 1,000 b. Proportionate ITC to be claimed
d. Not eligible to claim credit c. Rule 42 should be applied
Ans:- a b c d d. Rule 43 should be applied
Ans:- a b c d

40. ABC Pvt. Ltd. is engaged in making Chocolates. The

company on Diwali, distributed the same 45. Mr. Z trades in certain items which are exempt and
t

chocolates to its employees. Can the company supplies certain items to SEZ which are zero-rated.
claim ITC in respect to the inputs used in making He wants to understand which of the following will
such gifts? be included in computation of taxable supplies for
ar

a. Yes purpose of availing input tax credit?

b. No a. Zero-rated supplies
c. Maybe b. Exempt supplies
d. Company’s discretion c. Both i.e., Zero-rated and exempt supplies
Ans:- a b c d d. None of the above
Ans:- a b c d
Sm

41. ITC shall be allowed in which of the following

options 46. Mr. Jolly, lawyer is registered in Delhi. He has
I. Excavators income of Rs. 32,00,000 from legal services. Also,
ii. Road rollers he has given a commercial land on rent for which he
iii. Tippers is charging Rs. 5,00,000 per month. He has also
iv. Dumpers extended loan of Rs. 1 crore for which he received
Tick the correct option. interest amounting to Rs. 12,00,000 annually. What
a. (i) & (ii) will be the value of exempt supply for the purpose
b. (iii) & (iv) of reversal of input tax credit under rule 42?
V’

c. (I), (ii) & (iii) (a) Rs. 44,00,000

d. (I), (ii), (iii) & (iv) (b) Rs. 12,00,000
Ans:- a b c d (c) Rs. 32,00,000
(d) Rs. 60,00,000
42. ITC in respect to pipelines laid outside the factory & Ans:- a b c d
towers fixed to earth by foundation or structural

46
47 Compute the value of 'exempted supply' for purpose
of section 17(2) of the CGST Act, 2017 from the 51. Kamlesh hires a works contractor for repairing his
following details: (i) Value of alcoholic liquor for factory building on a lumpsum payment of `
human consumption: ` 1,50,000 (ii) Value of 11,80,000. He debits half of the expenditure in the

y
architect services supplied: `2,00,000 (iii) profit and loss account and the remaining half in the
Securities of face value of ` 1,00,000 sold for ` building account. Assuming the rate of GST to be
95,000 18%, Kamlesh can take input tax credit of:

m
(a) ` 1,50,000 (a) ` 90,000
(b) ` 2,50,000 (b) ` 1,06,200
(c) ` 2,45,000 (c) ` 2,12,400
(d) ` 1,50,950 (d) Nil
Ans:- a b c d Ans:- a b c d

e
48. “Credit of ITC may be availed for making zero rated 52. Input tax Credit is available on all supplies which are
supplies, even if such supply is an exempted used or intended to be used in the course or
supply.” – Comment furtherance of business. Input tax credit will be
a. Correct available under which of the following situations?

b. Incorrect
c. Partially correct
d. None of the above
Ans:- a b c d
49. Krishna Motors is a car dealer selling cars of an
international car company. It also provides
Ac
maintenance and repair services of the cars sold by
it as also of other cars. Determine the amount of
input tax credit available with the help of the
following information regarding expenses incurred
by it during the course of its business operations:
Cars purchased from the manufacturer for making
further supply of such cars [Two of such cars are
destroyed in accidents while being used for test
drive by potential customers. GST paid on their
purchase is ` 1,00,000 ]
t
ad
(a) GST paid on motor vehicle used in the course and
furtherance of business.
(b) GST paid on club membership fees.
(c) GST paid on goods or services or both used for
personnel consumption.
(d) IGST @18% paid on inputs purchased from a vendor
in Bangalore where the supplier is registered in
Rajasthan.
Ans:- . a b c d
53. For banking companies using inputs and input
services partly for taxable supplies and partly for
exempt supplies, which of the statement is true?
20,00,000
(a) ITC shall be compulsorily restricted to credit
attributable to taxable supplies including zero rated
supplies
(b) 50% of eligible ITC on inputs, capital goods, and input

Works contract services availed for constructing a car service shall be mandatorily taken in a month and the
50,000
shed in its premises rest shall lapse.
(c) Banking company can choose to exercise either
ar

(a) ` 19,00,000 option (a) or option (b)

(b) ` 21,10,000 (d) None of the above
(c) ` 19,50,000 Ans:- a b c d
(d) ` 20,50,000
Ans:- a b c d 54. Bank on 1st April 2018 has a credit of Rs. 150,000. It
during the month of April supplied certain
Sm

50. (i) A software professional providing technical exempted services & some taxable services. What
consultancy buys a motorcycle for use of his is the eligible amount of credit?
employee. a) ` 150,000
(ii) A motor driving school buys a car for being used b) ` 75,000
in imparting motor driving training. c) ` 100,000
(iii) A flying school imports an aircraft for use in its d) None of the above
training activity. Ans:- a b c d
(iv) A manufacturer buys a small truck for the
purpose of transporting its inputs and finished 55 Calculate the amount of eligible ITC?
goods. Input tax credit cannot be taken on:
V’

Particulars Amount(`)
(a) (iii) Purchase of mobile phones for employees 20,000
(b) (I), (ii), (iii), (iv) to be used for business purposes
(c) (I) Taxes paid on telephone expenses
5,000
(d) (I), (iii)
Taxes paid on security services availed
Ans:- a b c d 18,000
by registered person for his factory

47
4
2
 59. Can the unutilized input tax credit be transferred in
Motor vehicle purchased for employees 1,50,000 case of change in constitution of business?
to be used for personal as well as a. Not possible
business purposes b. No, it will be exhausted

y
Motor vehicle purchased for transportation c. Yes, it will be transferred only if there is provision for
2,00,000
of goods within the factory of transfer of liabilities
registered person d. It will be transferred only if it is shown in books of

m
Taxes paid on food expenses incurred 2,000 Account of transferor
by registered person for his employees Ans:- a b c d
Rent-a-cab facility given to employees
as it is obligatory for the employer to 36,000
60. In case of Compulsory registration, input tax credit
provide it under an applicable law can be availed on
The service has been notified by the a. stocks held on the day immediately preceding the

Government.
Taxes paid on purchase of cement and
other material for renovation of the
office room (not capitalised)
e
date from which he becomes liable to pay tax under
theprovisions of this Act, provided application for
16,000
registration is filed within 30 days from the due date

ad
b. stocks held on the day immediately preceding the
date of grant of registration under the provisions of
this Act.
(a) Rs. 2,95,000 c. stocks held on the day immediately preceding the
(b) Rs. 4,47,000 date of application of registration under the
(c) Rs. 2,43,000 provisions of this Act.
(d) Rs. 2,59,000 d. None of the above
Ans:- a b c Ans:- a b c d
d
Ac
61. In case of Voluntary registration input tax credit can
be availed
SECTION 18
(a) on stocks held on the day immediately preceding the
date from which he becomes liable to pay tax under
56. True or false – “In case of switching from taxable to
the provisions of this Act
exempt transactions or from Regular to
(b) on stocks held on the day immediately preceding the
composition scheme, ITC is fully restricted.”
date of grant of registration under the provisions of
a. Correct this Act.
b. Incorrect (c) on stocks held on the day immediately preceding the
t

c. Partially correct date of application of registration under the

d. None of the above provisions of this Act.
Ans:- a b c d (d) None of the above
ar

57. An assessee obtains new registration. It can avail
credit on inputs lying in stock. What is the time limit
for the taking said credit?
a. 1 year from the date of invoice
b. 3 years from the date of registration
Sm
Ans. a b c d
62. In case of supply of plant & machinery on which ITC
is taken, tax to be paid on is
a. Amount equal to ITC availed less 5% for every
quarter or part thereof

c. 1 years from the date of registration b. Tax on transaction value

d. None of the above
Ans:- a b c d
58. An assessee obtains new registration, voluntary
registration, change of scheme from composition to
regular scheme and from exempted goods/ services
to taxable goods/services. It can avail credit on
inputs lying in stock. What is the time limit for taking
said credit?
V’
c. Higher of above two
d. Lower of above two
Ans:- a b c d
63. Is Input tax to be paid in case of switchover from
taxable to exempt supplies
(a) Yes, equivalent to the credit in respect of inputs held
in stock (including semi-finished and finished
goods) and on capital goods held in stock

(a) 1 year from the date of invoice (b) No

(b) 3 years from the date of invoice (c) Yes, full credit
(c) years from the date of invoice (d) No, should be debited to electronic credit ledger
(d) None of the above Ans. a b c d
Ans. a b c d

48
64. Is Input tax to be reversed in case of supply of 66. Mr. Natwarlal, a registered person under GST, was
capital goods the proprietor of M/s. Spiceton Restaurant.
(a) Yes fully He died and left behind his wife and son on 15-Aug-

y
(b) No 2018.
(c) Yes, to extent of credit taken as reduced by His son wants to continue the business of the
prescribed percentage or tax on transaction value deceased father.
whichever is higher The GST consultant of M/s. Spiceton Restaurant,

(d) Yes, to the extent of transaction value of such goods
Ans. a b c d
65. What will happen to the rest of credit carried
forward in respect of a regular dealer switching
m
gave the following advices to the son, how the son
could continue the business of his deceased
father.
Which of the following option is correct in
accordance with the provisions of GST law-

e
over to composition stream under GST, after
adjusting to the inputs held in stock?
a) Carry forward the rest of the credit
b) Credit kept in abeyance till the taxable opts for
(a) The son should get himself registered under the
name and style M/s. Spiceton Restaurant, under
his own PAN and file Form ITC-02.
(b) The son can get the authorized signatory changed

ad
normal scheme once again by approaching to the Proper Officer and can
c) Credit lapses continue the same business.
d) Electronic credit ledger will freeze with the credit (c) The son should close the old firm and start new
available business under different name.
Ans:- a b c d (d) The son should do the business as his mother as
the new proprietor of the M/s. Spiceton Restaurant,
and son should act as a Manager.
Ans:- a b c d
Ac
Answer:-

1 b 11 a 21 c 31 d 41 b 51 a 61 b

2 a 12 b 22 b 32 d 42 b 52 d 62 a

3 c 13 c 23 b 33 d 43 a 53 c 63 a
t

4 a 14 a 24 c 34 a 44 c 54 b 64 c
ar

5 a 15 b 25 a 35 a 45 a 55 a 65 c

6 a 16 a 26 d 36 a 46 c 56 a 66 a

7 d 17 b 27 c 37 d 47 d 57 a

8 b 18 b 28 c 38 d 48 a 58 a
Sm

9 a 19 b 29 a 39 d 49 a 59 c

10 a 20 a 30 d 40 b 50 c 60 a
V’

49
4
2
9 Payment of Tax

Think GST !
Think Vishal Sir...!!
 SECTION 49 c. Total – Cash , liability
d. All of the above
1.Which of the following registers / ledgers are Ans: a b c d
maintained at the GST Portal?

y
a. Electronic liability ledger 8. Credit available in Electronic Credit Ledger can be
b. Electronic cash ledger used for payment of,
c. Electronic credit ledger a. Output Tax

m
d. All of the above b. Output Tax and Interest
Ans: a b c d c. Output Tax, Interest and Penalty
d. Output Tax and Tax under reverse charge
2. Payment of tax made electronically is reflected in, Ans: a b c d
a. Electronic cash ledger
b. Electronic credit ledger 9. Payment of tax, interest or penalty for each month

e
c. Electronic liability ledger shall be made by debiting ___________on or before
d. All of the above the due date of filing return.
Ans: a b c d a. Electronic Cash Ledger
b. Electronic Credit Ledger

ad
3. Payment made through challan will be credited to c. Electronic Liability Ledger
which registers / ledgers? d. Both (a) and (b)
a. Electronic Tax liability register Ans: a b c d
b. Electronic Credit Ledger
c. Electronic cash ledger 10. What is deemed to be the date of deposit in the
d. All of the above electronic cash ledger?
Ans: a b c d a. Date on which amount gets debited in the account of
Ac the taxable person
4. Electronic credit ledger is maintained in Form, b. Date on which payment is initiated and approved by the
a. GST PMT – 1 taxable person
b. GST PMT – 2 c. Date of credit to the account of the appropriate
c. GST PMT – 3 Government
d. GST PMT – 4 d. Earliest of the above three dates
Ans: a b c d Ans: a b c d

5. While making purchases the dealer has to pay GST 11. Which of the following statement is correct: -
which is available as credit while making payment a. Payment of GST can be done by Cash
t

for outward supply. Such credit is reflected in GST b. Payment of GST can be done by Cheque
portal in, c. Payment of GST Can be done by Internet banking
d. Payment of GST can be done within 24 hours of filing of
ar

a. Electronic Cash ledger

b. Electronic liability ledger Monthly / Quarterly return
c. Electronic Credit ledger Ans:- a b c d
d. All of the above
Ans: a b c d 12. What is the full form of CPIN?
a. Challan Identification Number
b. Common Portal Identification Number
Sm

6. The major heads in the electronic cash ledger, c. Challan Pin Identification Number
electronic liability register and challan for deposit of d. Common Pin Identification Number
tax are Ans: a b c d
a. IGST, CGST, SGST, UTGST & GST Compensation
Cess 13. What is the full form of CIN?
b. Tax, Interest, Penalty, Fee, others and total a. Challan Identification Number
c. Total – cash, liability b. Common Portal Identification Number
d. All of the above c. Common Inquiry Number
Ans: a b c d d. Challan Inquiry Number
V’

Ans: a b c d
7. In each major heads in the electronic cash ledger,
electronic liability register and challan for deposit of 14. What is the full form of BRN?
tax, the minor heads are, a. Bank Reconciliation Number
a. CGST, SGST, UTGST & GST Compensation Cess b. Bank Reconciliation Notification
b. Tax, Interest, Penalty, Fee, others and total c. Bank Reference Notification

50
 d. Bank Reference Number c. May be
Ans: a b c d d. It does not matter
Ans:- a b c d
15. What is E – FPB?

y
a. Authorized branches of banks to collect payment of 21. What gets debited to the electronic credit ledger?
GST a. Matched input tax credit
b. Prescribed banks to distribute GST forms b. Provisionally input tax credit

m
c. Prescribed banks for GST workshops c. Unmatched input tax credit
d. All of the above d. All of them
Ans: a b c d Ans:- a b c d

16. Any payment required to be made by a person who is 22. Balance in electronic credit ledger under IGST can be
not registered under the Act, shall be made on the used against which liability?

e
basis of a _______________ . a. IGST Liability only
a. Temporary Identification Number b. IGST and CGST liability
b. Transaction Reference Number c. IGST, CGST and SGST liability

ad
c. Challan Identification Number d. None of them
d. Bank Reference Number Ans:- a b c d
Ans: a b c d
23. A Company has head office in Bangalore and 4
17. Where a person has claimed refund of any amount branches in different states, all registered under
from the electronic cash ledger, the said amount GST and one ISD registered unit in Delhi. How many
shall be debited to the _______________ . electronic cash ledgers will the company have?
a. Electronic Credit Ledger a. 1
Ac
b. Electronic Liability Ledger b. 4
c. Electronic Cash Ledger c. 5
d. Whichever has the higher balance of above d. 6
Ans:- a b c d Ans:- a b c d

18. The electronic liability register of the person shall be
debited by,
a. The amount payable towards tax, interest, late fee,
etc. as per the return furnished
b. The amount of tax, interest, penalty, etc. as
t
24. Taxable person made an online payment of tax due to
technical snag CIN was not generated but my bank
account is debited. what should he do?
a. wait for 24 hours for re-credit
b. Approch bank

determined by a proper officer in pursuance of any c. File application with department

proceedings d. File return without challan
ar

c. Any amount of interest that may accrue from time to Ans:- a b c d

time
d. All of the above 25. What is the due date for payment of tax?
Ans:- a b c d a. Last day of the month tp which payment relates
b. Within 10 days of the subsequent month
19. Every taxable person shall discharge his tax and c. Within 20 days of the subsequent month
other dues under this Act in the following order, d. Within 15 days of the subsequent month
Sm

1. Dues related to returns of previous tax periods; Ans:- a b c d

2. Due related to the return of the current tax period
3. Demand u/s 73 or 74 26. What is the validity of challan in FORM GST PMT-06?
Which is the proper order to discharge the above a. 1 day
liabilities? b. 5 days
a. 3, 2, 1 c. 15 days
b. 3, 1, 2 d. perpetual validity
c. 1, 2, 3 Ans:- a b c d
d. 1, 3, 2
V’

Ans:- a b c d 27. Balance in electronic credit ledger under SGST can

be used against which liability?
20. Can SGST paid in one State be utilized for payment of a. SGST Liability only
SGST in another state? b. SGST and IGST liability
a. Yes c. SGST, IGST and CGST liability
b. No d. None of them

51
4
2
 Ans:- a b c d
Section 50
28. Input tax credit of CGST can be utilised for the
32. The interest rate on GST, if not specified anywhere,
following?

y
shall be treated as ______________ and not as
a. For the payment of penalties
__________
b. For the payment of interest
a. Simple rate, compound rate
c. For payment of IGST
b. Compound rate, simple rate

m
d. For payment of SGST
c. Compound rate, 18%
Ans:- a b c d
d. 18%, 24%
Ans:- a b c d
29. What should the taxable person do if he pay’s tax
under wrong GSTIN?
33. A taxable person failed to pay tax and / or file returns
(a) Pay again under right GSTIN and claim refund

e
on time. He should pay interest on?
(b) Auto-adjustment
a. Gross tax payable
(c) Adjustment on application/request
b. Gross tax payable and input credit claimed
(d) Raise ISD invoice and transfer
c. Net tax payable i.e. amount to be paid after ITC set off

ad
Ans. a b c d
d. No interest payable, if reasonable cause is shown
Ans:- a b c d
30. M/s. Kuber Anand is registered under GST. He has
output tax liability as under-
34. What is the rate of interest in case of belated payment
CGST: Rs. 85,00,000
of tax?
SGST: Rs. 85,00,000
a. 1%
IGST: Rs. 1,05,00,000
b. 10%
It has input tax credits as under-
Ac c. 18%
CGST: Rs. 1,50,00,000 including credit of Rs. d. 24%
75,00,000 carried forward from TRAN-1 Ans:- a b c d
SGST: Rs. 30,00,000
IGST: Rs. 1,20,00,000 35. What is the rate of interest in case of undue or excess
Calculate the amount of tax to be deposited in cash? claim of ITC?
a. CGST: Nil; SGST: Rs. 55,00,000; IGST: Nil a. 18%
b. CGST: Rs. 10,00,000; SGST: Rs. 55,00,000; IGST: b. 24%
Nil c. 30%
c. CGST: Nil; SGST: Rs. 50,00,000; IGST: Nil d. 40%
d. CGST: Nil; SGST: Rs. 40,00,000; IGST: Nil
t

Ans:- a b c d
Ans:- a b c d
36. Mr. A was liable to pay GST of Rs.10,000 on 20.8.2018
ar

31. M/s ABC Ltd is filing his GSTR-3B for the month of but he failed to pay. Later he decided to pay tax on
August 2018. His total credit balance of inputs and 26.10.2018. what would be the period for which
total tax liability payable is given in the table below. interest has to be paid by him?
He needs your guidance to understand the utilization a. 66 days
of credit. Guide him with the rules towards credit b. 67 days
utilization of IGST, CGST, SGST and cash payable c. 68 days
towards tax liability.
Sm

d. 70 days
Tax Total Credit Balance Total Tax liability payable Ans:- a b c d
IGST 80,000 90,000
CGST 87,000 85,000 37. Mr. A was liable to pay GST of Rs.10,000 on 20.7.2018
SGST 75,000 77,000 but he failed to pay. Later he decided to pay tax on
TOTAL 2,42,000 2,52,000 25.09.2018. What would be the amount of interest
a. IGST payable – 10,000, CGST Payable – 0, SGST that has to be paid by him?
payable – 2,000 a. Rs. 325
b. IGST payable – 8,000, CGST Payable – 0, SGST b. Rs. 330
payable – 2,000 c. Rs. 434
V’

c. IGST payable – 0, CGST Payable – 2000, SGST d. Rs. 441

payable – 2,000 Ans: a b c d
d. IGST payable – 10,000, CGST Payable – 1,000, SGST
payable – 1,000
38. From which date interest is liable in case of excess
Ans:- a b c d
input tax credit claimed?

52
 a. From the late date of the month in which credit is
claimed Answers:-
b. From the due date for filing GSTR-02 of the month in
which credit is claimed

y
01 d 19 c
c. From the due date for filing GSTR-03 of the month in
which credit is claimed 02 a 20 b
d. From the date of utilization of credit

m
Ans:- a b c d 03 c 21 d
04 b 22 c
39. State which of the following statements are not true?
(I) A taxpayer who makes delayed payment of tax is 05 c 23 c
liable to pay interest at the rate of 18% for a month or
part of the month. a 24 c

e
06
(ii) A taxpayer who makes delayed payment of tax is
liable to pay interest at the rate of 15% for a month or 07 b 25 c
part of the month, if he has bona fide reasons for
08 a c

ad
delay. 26
(iii) A taxpayer who made delayed payment of tax shall d b
09 27
be liable to pay interest at the rate of 24% for a month
or part of the month, if he has mala fide reasons for 10 c 28 c
delay.
(iv) A taxpayer who made delayed payment of tax shall 11 c 29 a
be liable to pay interest at the rate of 18% per annum.
12 b 30 d
a. (I)
Ac
b. (I), (ii), (iii) 13 a b
31
c. All of the above
d. None of the above 14 c 32 a
Ans:- a b c d
15 a 33 a
16 a 34 c
17 c 35 b
18
t

d 36 b

37 b
ar

38 c

39 b
Sm
V’

53
4
2
10 Registration

“No Great mind has ever existed

without a touch of madness”.

Think GST !
Think Vishal Sir...!!
 Section 22
1. Can a person without GST registration claim ITC and Ans:- a b c d

collect tax?

y
a. Yes 7. In case where a company has places of business all
b. No over India. Can such a company take a single
c. At the discretion of the Government Centralized GST Registration?

m
d. Cannot claim ITC but have to collect tax from the a. Yes
customers b. Optional
Ans:- a b c d c. No
d. Registration only in the state where Head Office is
2. What is the threshold limit for requirement of located
registration under GST? Ans:- a b c d

e
a. Rs. 10 lakhs / 20 lakhs in special category states
b. Rs. 20 lakhs / 5 lakhs in special category states 8. In case of job work, once the work is being
c. Rs. 20 lakhs / 10 lakhs in special category states completed, the value of the goods shall be

ad
d. Rs. 10 lakhs / 5 lakhs in special category states included in the turnover of __________
Ans:- a b c d a. Principal
b. Job worker
3. c. Agent
A. A person is not required to pay GST if he is d. Either of the above
voluntarily registered under GST. Ans:- a b c d
B. Once a person is registered under GST Act, he is
bound to pay GST, even if his turnover is below 9. Where the business carried on by a registered
Ac
prescribed limit (of Rs. 20 / 10 lakhs) person is transferred as a going concern, then will
Comment on the above statements, the transferee be liable to register in GST?
a. A – Correct, B – Incorrect a. Yes
b. A – Incorrect, B – Correct b. No
c. Both A & B – Correct c. Option of transferee
d. Both A & B – Incorrect d. Depends on terms of transfer
Ans:- a b c d Ans:- a b c d

4. In case where a person makes supply from multiple 10. Every person who is liable to be registered under
states and his aggregate turnover exceeds GST shall apply for registration in form:
t

threshold limit, he has to get registered. (a) GST REG-01

a. In all those states (b) GST REG-02
ar

b. In only one state where turnover is greater than 20 lakhs (c) GST REG-30
c. In states where turnover is greater than 20 lakhs (d) GST REG-06
d. In any one of the states Ans:- a b c d
Ans:- a b c d
11 What is the aggregate turnover in a financial year
5. A person registered in one State is ‘unregistered above which a person is required to obtain
Sm

person’ in respect of another state. registration in Punjab?

a. Correct (a) Fifteen lakh
b. Incorrect (b) Twenty lakh
c. Partially correct (c) Twenty five lakh
d. None of the above (d) Twenty Two lakh
Ans:- a b c d Ans:- a b c d

6. A person, resident of UP has business places both at 12. Is the person making supply from territorial waters
Delhi and Rajasthan. From where he has to take of India required to registration
GST Registration? a) No (as the place from where supply is initiated is not
V’

a. From UP only Indian land)

b. From Rajasthan only b) Yes (in the state where the person supplies the goods)
c. He has to take separate GST Registration both at UP c) No (supply from territorial waters of India is exempt
and Rajasthan with different PAN Number supply)
d. None of above is fully correct d) Yes (in the coastal state or UT where the nearest point

54
 of the appropriate base line is located
Ans:- a b c d
13 How the aggregate turnover is calculated for
computing threshold limit of registration?
(I) Aggregate value of all taxable supplies(excluding the value
of inward supplies on which tax is payable by a person on
reverse charge basis), exempt supplies, export of
goods/services and interstate supplies of a person having
same PAN computed on all India basis.
(ii) Aggregate value of all taxable supplies(excluding the value
of inward supplies on which tax is payable by a person on
e
reverse charge basis), exempt supplies, export of
goods/services and interstate supplies of a person
computed for each state separately.
(iii) Aggregate value of all taxable intrastate supplies, export of
ad
goods/services and exempt supplies of a person having
same PAN computed for each state separately.
(iv) Aggregate value of all taxable supplies(excluding the
value of inward supplies on which tax is payable by a
person on reverse charge basis), exempt supplies, export
of goods/services and interstate supplies of a person
having same PAN computed on all India basis and
Ac
excluding taxes if any charged under CGST Act, SGST Act
and IGST Act.
(a) (I)
(b) (ii)
(c) (iii)
(d) (iv)
Ans:- a b c d
14. A new client Mr. Z has recently obtained GST
registration and keeps manual accounts. He has got
t
his GSTIN printed on top of every page of new booklet
printed for Tax Invoice. Apart from his principal place
of business he owns 2 godowns where he keeps stock
ar
of his goods and does some wholesale trading. He
asks you weather he needs to display the GSTIN
registration and GSTIN at any other places?
a) Mr. Z is required to display his certificate of registration
in a prominent location at his principal place of
business only. Name board at entry shall display
Sm
GSTIN at his principal place of business only.
b) Mr. Z has to display his certificate of registration in a
prominent location at his place of business and at
every additional place or places of business. Also, he
should display GSTIN in the name board exhibited at
the entry of his principal place of business and at every
additional place or places of business.
c) The certificate of registration is not required to be
displayed. Only name board at entry of principal and
additional places of business shall display GSTIN.
V’
d) The certificate of registration in a prominent location is
required to be displayed only at principal place of
business. Name board at entry of principal and
additional places of business shall display GSTIN.
Ans:- a b c d
15. Mr. Champak, located in the State of Himachal
Pradesh, a job worker, is engaged in providing job
y
work services relating to silverware articles to his
Principal, Mr. Mote Lal, in the State of Rajasthan. The
details of his turnover are as under:
For the period July, 2017 to March, 2018: Rs. 19,00,000/-.
m
Mr. Champak, has earned continuous rental income of Rs.
15,000/- per month from his residential flat in Delhi for nine
months from July, 2017 to March, 2018. He has also made
wholly exempt supplies of handicraft items of Rs. 50,000/-
during the period, December, 2017 to March, 2018.
Compute the aggregate turnover of Mr. Champak for the
financial year 2017-18 under the CGST Act,
2017, and also state whether he is liable for registration
under the Act or not.
a) Rs. 20,85,000/-; Liable for registration.
b) Rs. 20,35,000/-; Liable for registration.
c) Rs. 19,00,000/-; Not liable for registration.
d) Rs. 19,50,000/-; Liable for registration.
Ans:- a b c d
Section 23
16 "Mr. X is only supplying services under RCM & the total
supplies made during the year was Rs. 100 lakhs."
Comment.
a) Mr. X must take compulsory registration under GST
b) Mr. X may operate without registration under GST
c) Mr. X must take registration as he has exceeded the
threshold limit
d) None of the above
Ans:- a b c d
17. Persons who are required to pay tax under RCM are
a) Required to take compulsory registration irrespective of
the threshold limit
b) Required to take compulsory registration only when the
threshold limit is crossed
c) Can pay the tax even without taking registration
d) Not required to take registration
Ans:- a b c d
18. Mr. Jeet Ram, an agriculturist, located in the State of
Uttar Pradesh, is a re-seller of agricultural produce
cultivated from land. The details of his turnover are as
under-
Ü For the period April, 2017 to June, 2017: Rs. 5,00,000/-
Ü For the period July, 2017 to March, 2018: Rs.
20,00,000/-
He has made occasional inter-State taxable supplies
also of Rs. 10,00,000/- of handicraft goods to the
State of Jammu and Kashmir during the month of
March, 2018.
Compute the aggregate turnover of Mr. Jeet Ram for
the financial year 2017-18 under the CGST Act, 2017,
and also state whether he is liable for registration
55
4
2
 under the Act or not. (a) if his all India based aggregate turnover exceeds ` 20
a) Rs. Nil; Not liable for registration lakh in a financial year
b) Rs. 10,00,000/-; Not liable for registration (b) if his all India based aggregate turnover exceeds ` 10

y
c) Rs. 35,00,000/-; Not liable for registration lakh in a financial year
d) Rs. 30,00,000/-; Liable for registration (c) irrespective of the amount of aggregate turnover in a
Ans:- a b c d financial year

m
(d) in case of making inter-State supply of taxable goods,
Section 24 irrespective of the amount of aggregate turnover in a
19. Person making inter – State supply of taxable financial year
services is not required to register if the aggregate Ans:- a b c d

turnover is less than the threshold limit applicable

in the particular State / UT. 25. Mr. Chatpat, an agent of Lalji (P) Ltd. is making

e
a. Correct taxable supply of goods on behalf of Lalji (P) Ltd.
b. Incorrect Lalji (P) Ltd. is having aggregate turnover of Rs. 1.5
c. In all cases of inter – State supply the person should crore whereas Mr. Chatpat is having aggregate
turnover of Rs. 18 lacs. Whether he is required to

ad
be registered
d. None of the above take registration?
Ans:- a b c d (a) No, because his turnover is less than Rs. 20 lacs
(b) Yes, he is compulsorily required to get registered
20. Mr. A of Delhi is supplying specified handicrafts to (c) He is exempt from taking registration by way of
Mr. B of UP. Turnover of Mr. A is only 5 lacs. Is he notification
liable to take registration in GST? (d) He can voluntarily apply for registration
a. Yes Ans:- a b c d
Ac
b. No
Ans:- a b c d 26. Section 24 of the CGST Act, 2017 requires certain
categories of persons who would require compulsory
21. Mr. A of Pune till date is only engaged in making registration irrespective of threshold limit of turnover
exports and supplies to SEZ units. His aggregate for obtaining registration. Mr. A has following 4
turnover is Rs.15 lacs. Is Mr. liable to registration in business ideas in mind, which one of them would not
GST? require him to obtain compulsory registration as per
a. No, as threshold limit is not crossed Section 24.
b. Yes, as the value of supply has exceeded Rs.10 lacs a) Mr. A wants to trade in electronic components, where his
c. Yes, since it is an inter – state supply area of supply would be majorly outside the State.
t

d. None of the above b) Mr. A would like to carry on business relating to

Ans:- a b c d electronic commerce operator.
ar

c) Mr. A would like to trade in general items within the same

22. is it mandatory for e-commerce operator to obtain State and his monthly turnover may go upto INR 1
registration? lakh.He will receive services from a goods transport
a) Yes agency for delivery of goods where he would be liable to
b) No pay tax under reverse charge.
c) d) Mr. A is a qualified doctor and has recently left his job.
He intends to become practitioner. He estimates his
Sm

d)
Ans:- a b c d monthly receipts to be INR 1,50,000. There is no other
income accruing to him
23. Issupplier (operating under an e-commerce operator Ans:- a b c d
liable u/s 9(5)) exempt from GST in respect of non-e-
commerce supplies 27. Which of the following persons is required to obtain
a) Yes compulsory registration?
b) No (a) Persons exclusively engaged in making supplies tax on
c) Yes, only in case of non-ecommerce supplies which is to be paid by the recipient on reverse charge
d) None of the above basis under section 9(3).
V’

Ans:- a b c d (b) Persons making inter-State supplies of taxable

services up to Rs. 20,00,000
24. The persons making inter-State supplies from (c) Persons making supplies of services through an ECO
Madhya Pradesh is compulsorily required to get (other than supplies specified under section 9(5) of the
registered under GST, _____ CGST Act) with aggregate turnover up to Rs.

56
 20,00,000 d. 15 Digits
(d) None of the above. Ans:- a b c d

Ans:- a b c d

y
32. What is the full form of UN?
28. State which of the following statement is incorrect: a. Un – identified Nation
(i) An agent, supplying goods on behalf of principal where b. United Identity Number

m
invoice is issued in the name of principal, is required to c. Unique Identity Number
get compulsorily registered under GST. d. United in Nation
(ii) Persons who are required to deduct tax under section Ans:- a b c d
51, whether or not separately registered under this Act
are compulsory required to get registered under GST 33. Mr. X becomes liable to pay tax on 1st August, 2018
without any threshold. and has obtained registration on 15th August, 2018.

e
(iii) Every person supplying online information and Such person is eligible for input tax credit on
database access or retrieval services from a place inputs held in stock as on:
outside India to a registered person in India is a) 1st August, 2018
compulsory required to get registered under GST b) 31st July, 2018

ad
without any threshold. c) 15th August, 2018
(iv) Persons who supply services, other than supplies d) He cannot take credit for the past period
specified under sub-section (5) of section 9, through Ans:- a b c d
such electronic commerce operator who is required to
collect tax at source under section 52 are compulsory 34. Threshold limit of Rs. 20 lakhs for GST registration
required to get registered under GST without any means for voluntary registration the person should
threshold. have aggregate turnover of 20 lakhs or more.
(a) (I), (ii)
Ac a) Correct - as per IGST Act
(b) (iii), (iv) b) Incorrect - for voluntary registration the threshold limit
(c) (I), (iii), (iv) is 10 lakhs
(d) None of the above c) Correct - as per CGST Act
Ans:- a b c d d) Incorrect - turnover is not relevant for voluntary
registration
Section 25 Ans:- a b c d

29. The application shall be forwarded to the _________ 35. Within how many days a person should apply for
who shall examine the application and the registration?
t

accompanying documents for GST registration. (a) Within 60 days from the date he becomes liable for
a. Proper Officer registration.
(b) Within 30 days from the date he becomes liable for
ar

b. GSTN
c. GSTP registration.
d. GST Portal (c) No Time Limit
Ans:- a b c d (d) Within 90 days from the date he becomes liable for
registration.
30. The application for registration after being examined Ans:- a b c d
Sm

by the proper officer, if the same are found to be in

order, approve the grant of registration to the 36. A person having ____business verticals in a State
applicant within ________________ from the date of ____obtain a separate registration for each business
submission of application. vertical.
a. 3 working days (a) Single, shall
b. 5 working days (b) Multiple, shall
c. 7 working days (c) Multiple, may
d. 10 working days (d) Single, May
Ans:- a b c d Ans:- a b c d
V’

31. The Number of Digits in the PAN based GSTIN 37. Mr. X, a new client, comes to you to apply for a GST
registration Number will be: Registration for a proprietorship concern and has
a. 10 Digits query on time limit for taking registration? Another
b. 12 Digits question is that he would submit all the required
c. 14 Digits documents of registration now and will not be

57
4
2
 available from tomorrow since he is travelling. He is
ready to provide Class 2 digital signatures along with
required documents. Can application for registration
be signed digitally in his absence?
a) Mr. X should take registration within 7 days from the
date on which he becomes liable to registration. He
would not have the option to sign the application using
Valid digital signatures.
b) Mr. X should take registration within 15 days from the
date on which he becomes liable to registration. He
would have the option to sign the application using
Valid digital signatures.
e
c) Mr. X should take registration within 30 days from the
date on which he becomes liable to registration. He
would have the option to sign the application using
Valid digital signatures.
ad
d) Mr. X should take registration within 15 days from the
date on which he becomes liable to registration. He
would not have the option to sign the application using
Valid digital signatures.
Ans:- a b c d
38. Mr. A wants to register under GST Act and wants to
Ac
know what is the acceptable Bank account related
proof?
I) Scanned copy of first page of passbook
ii) Scanned copy of relevant page of bank statement
iii) Scanned copy of Cancelled cheque without entity or
proprietor name
iv) Scanned copy of Cancelled cheque containing name of the
proprietor or business entity
a) I or ii
b) ii or iii
t
c) i or ii or iv
d) ii or iv
Ans:- a b c d
ar
39. When there is any change in particular of application
of registration then registered person shall inform
such change in how many days?
(a) within fifteen days of such change
(b) within twenty days of such change
Sm
(c) within thirty days of such change
(d) within twenty five days of such change
Ans:- a b c d
40. Certificate of registration is issued in which form?
a) Form GST REG-06
b) Form GST REG-02
c) Form GST REG-03
d) Form GST REG-05
V’
Ans:- a b c d
41. When an application for registration has been
submitted by the applicant after the expiry of thirty
days from the date of his becoming liable to
58
registration, the effective date of registration shall be:
a) Date of grant of registration
b) Date of application for registration
y
c) Within three working days from the date of submission
of the application
d) Within seven working days from the date of submission
m
of application
Ans:- a b c d
42. A non-resident taxable person is required to apply for
registration:
(a) within 30 days from the date on which he becomes
liable to registration
(b) within 60 days from the date on which he becomes
liable to registration
(c) at least 5 days prior to the commencement of business
(d) None of the above
Ans:- a b c d
Section 27
43. A person applying for registration as a casual taxable
person shall be given a temporary reference number
by the Common Portal ______ .
a. For making advance deposit of tax
b. After validation of email and phone number with OTP
c. For making proper signature with DSC
d. None of the above
Ans:- a b c d
44. Mr. A has been registered as a casual taxable
person, for an exhibition program conducted at
Delhi. While obtaining registration Mr. A deposited
some amount as advance deposit of tax and after
end of registration period the amount refundable
from such advance deposit is Rs. 20,000. The
certificate of registration was in force for the whole
period but Mr. A was unaware of furnishing returns
u/s 39. What will be the amount refundable to him?
a. Nil
b. Rs. 5,000
c. Rs. 10,000
d. Rs. 20,000
Ans:- a b c d
45. Persons liable to make estimated Advance Tax
deposit to obtain GST Registration are:
a. Input Service Distributor
b. E – commerce operator
c. Casual and Non Resident Taxable Persons
d. Aggregator of Branded Services
Ans:- a b c d
46. The application form for registration by casual
taxable person is:
(a) GST REG-01
(b) GST REG-02
(c) GST REG-09
 (d) None of the above. c. 5 months
Ans:- a b c d d. 6 months
Ans:- a b c d

47. The form of application for registration, used by a

y
non-resident taxable person is: 53. Any registered taxable person, whose registration is
(a) GST REG-01 cancelled by the proper office on his own motion,
(b) GST REG-02 may apply to such officer for revocation of

m
(c) GST REG-05 cancellation of the registration within ____________
(d) GST REG-09. from the date of service of the cancellation order.
Ans:- a b c d a. 7 days
b. 15 days
48 Which of the following statement is true for Mr. X, a c. 30 days
casual taxable person? d. 45 days

e
(a) Mr. X is not required to take registration under GST. Ans:- a b c d
(b) Mr. X is required to get registration under GST, if the
aggregate turnover in a financial year exceeds ` 20 lakh. 54. The proper officer may cancel the registration of
(c) Mr. X can opt for voluntary registration under GST. taxable person from such date, as he may deem fit,

ad
(d) Mr. X has to compulsorily get registered under GST in case where a person paying tax under
irrespective of the threshold limit. composition scheme has not furnished returns for
Ans:- a b c d
______.
a. 3 consecutive tax periods
49 The registration certificate granted to Non resident b. 4 consecutive tax periods
taxable person is valid for _____days from the c. 5 consecutive tax periods
effective date of registration. d. 6 consecutive periods
(a) 30 Ans:-
Ac a b c d
(b) 60
(c) 90 55. Which one of the following cannot be a reason for
(d) 120 cancellation of registration?
Ans:- a b c d
(a) There is a change in the constitution of business from
partnership firm to proprietorship.
50. Registration certificate granted to casual taxable (b) The business has been discontinued.
person or non-resident taxable person will be valid (c) A composition taxpayer has not furnished returns for
for: three consecutive tax periods.
(a) Period specified in the registration application (d) A registered person, other than composition taxpayer,
(b) 90 days from the effective date of registration has not furnished returns for three consecutive tax
t

(c) Earlier of (a) or (b) periods.

(d) Later of (a) or (b) Ans:- a b c d
Ans: a b c d
ar

56. Which of the following is correct statement:

Section 28
51. Where a change in the constitution of any business
results in change of the Permanent Account Number
(PAN) of a registered Person, the person shall apply
Sm
"The registration granted to a person is liable to be
cancelled if the said person
(1) does not conduct any business from the declared
place of business (1) does not conduct any
business from the declared place of business

for _________ (2) issues invoice without supply of goods or services

a. Fresh Registration in violation of the (2) issues invoice without supply
b. Amendment of Registration of goods or services in violation of the provisions of
c. Cancellation of Registration the GST law provisions of the GST law
d. No effect on registration (3) violates provisions relating to Anti Profiteering" (3)
Ans:- a b c d
violates provisions relating to Anti Profiteering"
a) Only 1 & 2
Section 29/30 b) Only 1 & 3
c) Only 2 & 3
52. The proper officer may cancel the registration of d) All 1, 2 & 3
V’

taxable person from such date, as he may deem fit, Ans:- a b c d

in case where a person who has taken voluntary
registration has not commenced business within
57. The proper officer will have regard to the following,
__ from the date of registration.
a. 3 months while cancelling registration ?
b. 4 months a) whether the business has been discontinued
b) whether there is any change in the constitution of the
59
4
2
 business
c) whether the taxable person is no longer liable to be
registered
d) All of the above
Ans:- a b c d
58. What is the validity of the registration certificate?
(a) One year
(b) No validity
(c) Valid till it is cancelled.
(d) Five years.
Ans:- a b c d
e
59. Within how many days an application for revocation of
cancellation of registration can be made?
(a) Within 7 days from the date of service of the
ad
cancellation order.
(b) Within 15 days from the date of issue of the cancellation
order.
(c) Within 45 days from the date of issue of the cancellation
order.
(d) Within 30 days from the date of service of the
cancellation order.
Ans:-. a b c d
Ac
60. Which of the following statements are correct?
(I) Revocation of cancellation of registration under
CGST/SGST Act shall be deemed to be a revocation of
cancellation of registration under SGST/CGST Act.
(ii) Cancellation of registration under CGST/SGST Act shall be
deemed to be a cancellation of registration under
SGST/CGST Act.
(iii) Revocation of cancellation of registration under
CGST/SGST Act shall not be deemed to be a revocation
t
of cancellation of registration under SGST/CGST Act.
(iv) Cancellation of registration under CGST/SGST Act shall
not be deemed to be a cancellation of registration under
ar
SGST/CGST Act.
(a) (i) and (ii)
(b) (i) and (iv)
(c) (ii) and (iii)
(d) (iii) and (iv)
Ans:- a b c d
Sm
61. Mr. Y was registered under VAT and got provisional
registration under GST during migration to GST.
Registration formalities were completed by
submitting the required documents and registration
certificate was obtained. After working for few
months, he found that he will not cross the threshold
limit required for obtaining registration nor will he fall
into any case where registration is compulsory.
Thus, he decides to surrender the GST number. He
V’
has following queries: -
1) What would happen to stock of goods and GST liability held
on the date of cancellation of GST number?
2) Can he claim input tax credit and collect tax after
cancellation of GST? What would you suggest your client
on the above matter?
60
a) After cancellation of registration, Mr. Y can sell the stock
without any tax liability since GST number is cancelled.
Whatever is the GST liability, except during the month
y
of cancellation, has to be discharged. After cancellation
of GST, he can collect GST from his customer but he
cannot claim any input tax credit of GST paid by him.
b) Before cancellation of GST, Mr. Y has to pay an amount
m
equivalent to the credit of input tax in respect of inputs
held in stock on the day immediately preceding the date
of such cancellation or the output tax payable on such
goods, whichever is higher. After cancellation, of GST,
he cannot collect GST from his customer nor can he
claim any input tax credit of GST paid by him.
c) Before cancellation of GST, Mr. Y has to pay an amount
equivalent to the credit of input tax in respect of inputs
held in stock on the day immediately preceding the date
of such cancellation or the output tax payable on such
goods, whichever is lower. After cancellation of GST, he
cannot collect GST from his customer nor can he claim
any input tax credit of GST paid by him.
d) After cancellation of registration, he can sell the stock
without any tax liability since GST number is cancelled.
Whatever is the GST liability, except during the month
of cancellation, has to be discharged. After cancellation
of GST, he cannot collect GST from his customer, but
he can claim input tax credit of GST paid by him.
Ans:- a b c d
SEZ
62. ABC, is a SEZ situated in Noida, UP. It wants to set
up another SEZ in UP. Which of the SEZ needs to be
registered in GST?
a. SEZ 1
b. SEZ 2
c. Both SEZ needs to be separately registered
d. Both SEZ shall operate in a single registration
Ans:- a b c d
ICAI BGM:-
63. Whether all persons are mandatorily required to
obtain registration?
a. Yes
b. Not required if he is an agriculturist or person
exclusively engaged in supplying exempt goods or
services, ifspecified threshold limit does not exceed in
a financial year.
c. Not required if he is an agriculturist or person
exclusively engaged in supplying exempt goods or
services.
d. No, only if specified threshold exceeds in a financial
year then only need to obtain.
Ans:- a b c d
64. Which one of the following is true?
a. A person can’t collect tax unless he is registered.
b. Registered person not liable to collect tax till his
aggregate turnover exceeds Rs. 20 lakhs / Rs. 10
Lakhs as the case maybe.
c.Apersoncancollectthetaxduringtheperiodofhisprovision
alregistration.
d. Both (a) and (b) are correct
Ans:- a b c d
65. Which one of following statements are correct?
e
a. Voluntary registration is not possible under GST.
b. Voluntarily registered person not liable to comply with
all the provisions of the GST.
c. A person may get himself registered voluntarily and
ad
shall comply with all the provisions of GST.
d. None of the above.
Ans:- a b c d
66. PAN issued under the Income Tax Act is mandatory
for grant of registration.
a. It is one of the documents listed.
b. Yes, but non-resident taxable person may be granted
Ac
registration on the basis of any other document.
c. Yes, but persons required to deduct tax at source u/s
51 may have TAN in lieu of PAN.
d. Both (b) and (c)
Ans:- a b c d
67. An E-commerce operator should get registered?
a. Yes, irrespective of threshold limit
b. No, required to register only if his aggregate turnover
t
exceeds the threshold limit.
c. Yes, if he is located in North-western states.
d. He is required to register if he is liable to collect tax at
ar
source and /or his aggregate turnover exceeds the
threshold limit.
Ans:- a b c d
68. Which of the following requires amendment in the
registration certificate?
Sm
a. Change of name of the registered person
b. Change in constitution of the registered person
c. Addition, deletion or retirement of partners or
directors, Karta, Managing Committee, Board of
Trustees, Chief Executive Officer or equivalent,
responsible for the day to day affairs of the business
d. All of the above
Ans:- a b c d
69. What are the consequences of obtaining
V’
registration by misrepresentation?
a. Liable to cancellation of registration by proper officer.
b. Liable to a fine not exceeding Rs. 1,000,000
c. Imprisonment for a period of 6 months to 3years.
d. Both (b) and(c)
Ans:- a b c d
70. Does cancellation of registration under CGST affect
y
the liability under SGST/IGST for period prior to
cancellation of registration?
a. Cancellation of registration will immune his liability
m
under CGST only.
b. Cancellation of registration will immune his liability
under IGST only.
c. Cancellation of registration will immune his liability
under SGST and CGST but not under IGST.
d. Cancellation does not affect the liability of taxable
person to pay tax and other dues under
CGST/SGST/IGSTAct.
Ans:- a b c d
71. Within how many days an application for revocation
of cancellation of registration can be made?
a. Within 7days from the date of service of the
cancellation order.
b. Within 15 days from the date of issue of the
cancellation order.
c. Within 45 days from the date of issue of the
cancellation order.
d. Within 30 days from the date of service of the
cancellation order.
Ans:- a b c d
72. Can a person apply for registration to pay tax u/s 10
for any of his business verticals at his choice?
a. Yes, irrespective of the registration status of other
business verticals.
b. No all of his other business verticals also should
have obtained registration for paying tax under
section10.
c. Yes, provided majority of the business verticals are
paying undersection10.
d. Yes, if all the business vertical in a state are obtained
registration to pay tax under section10
Ans:- a b c d
73. Every registered taxable person shall display his
certificate of registration in a prominent location at
his principal and at every other place of business
also GSTIN shall be displayed on the name board at
the entry of such places.
a. No, certificate of registration to be displayed only at a
registered place of business and GSTIN need not be
displayed on the name board.
b. Yes, above statement is correct.
c. No, GSTIN to be displayed only on the invoices.
d. Above statement is correct subject to certificate of
registration to be displayed only at registered place of
business
Ans:- a b c d
61
4
2
 74. Under what circumstances physical verification of
business premises is mandatory?
a. Physical verification of business premises is a

y
discretionary power of proper officer.
b. If additional information for registration asked by the
proper officer is not submitted within specified time.

m
c. If certificate of registration is obtained on mis
representation of facts.
d. If photograph of the business premise is not
uploaded in the common portal within specified time.
Ans:- a b c d

e
75. Does a Medical Service Provider needs to get
registered under GST, if his aggregate turnover (u/s
2 (6) is more than Rs. 20 Lakhs but has taxable

ad
supply of only an amount of Rs. 2.4 Lakh p.a.?
a. No
b. Yes
Ans:- a b c d

76. Do I, a Mutual fund Distributor working in Delhi,

need to register under GST, having income less
than Rs. 20 Lakhs but working for offices that are
Ac
registered in Mumbai and have branch offices in
Delhi?
a. No
b. Yes
Ans:- a b c d

Answers:-
t

1 b 11 b 21 c 31 b 41 a 51 a 61 d 71 d
ar

2 c 12 d 22 a 32 c 42 c 52 d 62 c 72 b

3 b 13 d 23 b 33 b 43 a 53 c 63 c 73 b

4 a 14 b 24 d 34 d 44 a 54 a 64 a 74 a
Sm

5 a 15 a 25 b 35 b 45 c 55 d 65 c 75 b

6 d 16 b 26 d 36 c 46 a 56 d 66 d 76 a

7 c 17 a 27 d 37 c 47 d 57 d 67 d

8 a 18 d 28 c 38 c 48 d 58 c 68 d

9 a 19 a 29 a 39 a 49 c 59 d 69 a
V’

10 a 20 b 30 a 40 a 50 c 60 a 70 c

62
11 Tax Invoice

The Future of the World

is in my Classroom Today
Think GST !
Think Vishal Sir...!!
1. What shall be the due date to issue invoice in case of branch office in one State to head office in another
supply of goods? State?
a) Any date before or at the me of removal of goods (a) Tax invoice and e way bill

y
b) Date of receipt of advance (b) Receipt Voucher and e way bill
c) Date of provision of goods (c) Payment Voucher and e way bill
d) None of the above (d) All of the above

Ans:- a b c d
2. “Removal”, in rela on to goods, means –
a. Dispatch of the goods for delivery by the supplier
b. Collec on of the goods by the recipient
c. Either (a) or (b)
m
Ans: a b c d
9. M/s. Rajdhani (P) Ltd., registered in Delhi, wishes to
transfer the taxable goods to one of its business
ver cal having same PAN and registered within
same State. Which document shall be issued by the
Company in this situa on?

e
d. Receipt of goods by the recipient (a) Delivery Challan
Ans: a b c d (b) Tax Invoice
(c) Bill of Supply
3. ____________ shall accompany transport of goods (d) Invoice-cum-bill of supply

ad
when e – way bill is not required. Ans:- a b c d
a. Delivery Challan
b. Tax Invoice 10. In case of supply of services, the tax invoice shall
c. Bill of Supply be prepared in the manner of:
d. (b or c) (a) Only original
Ans: a b c d (b) Two copies
(c) Three copies
Ac (d) Four copies.
4. Duplicate Delivery Challan shall be for ---------. Ans:- a b c d
a) Consignee
b) Transporter 11. Mr. X, a registered person deals in supply of
c) Consigner taxable goods. He need not issue tax invoice for the
d) Job worker goods supplied on 16.04.20XX as the value of the
Ans:- a b c d goods is ___.
(a) Rs. 1,200
5. Tax Invoice must be issued within ______________ (b) Rs. 600
from the date of removal of goods sent or taken on (c) Rs. 150
t

approval for sale or return. (d) Rs. 200

a. 3 months Ans:- a b c d
b. 30 days 12. A person opera ng in composi on issue a tax
ar

c. 15 days invoice to a customer. Is the person correct in raising

d. 6 months the invoice
Ans: a b c d a) Yes
b) No
6. Which documents is to be issued by the consignor c) Yes, but tax amount should not be separately
instead of tax invoice for transporta on of goods for shown
Sm

job work? d) None of the above

a. E – way bill Ans:- a b c d
b. Delivery Challan
c. Debit Note 13. Invoice cum Bill of Supply may be issued by
d. Receipt Voucher registered person
Ans: a b c d a. Supplying taxable as well as exempted goods and /
or services
7. Bill of Supply is issued by the registered person – b. Supplying taxable goods and exempted services
a. Paying tax under composi on scheme c. Supplying taxable services and exempted goods
b. Supplying exempted goods or services or both d. Supplying taxable as well as exempted services
V’

c. (a) and (b) both Ans: a b c d

d. None of the above
Ans:c. a b c d 14. Revised invoice is an invoice which is issued against
the invoice already issued
8. Which documents are required to send goods from a. During the period beginning with the date of

63
4
2
 applica on ll the effec ve date of registra on Ans: a b c d
b. During the period beginning with the effec ve date 21. A registered taxable person shall, on receipt of
of registra on ll the date of issuance of registra on advance payment w.r.t. any supply, issue

y
cer ficate a. Debit note
c. During the period beginning with the date of b. Credit note
applica on ll the date of issuance of registra on c. Receipt voucher

m
cer ficate d. Tax invoice
d. During the whole period prior to registra on Ans: a b c d
Ans: a b c d
22. No tax is payable on receipt of advance payment
15. Goods may be transported without issue of invoice w.r.t. any supply of __________.
in case of a. Goods

e
a. Supply of liquid gas where the quan ty at the me b. Services
of removal from the place of business of the supplier c. Goods or Services or both
is not known, d. Input services

ad
b. Transporta on of goods for job work Ans: a b c d
c. Transporta on of goods for reasons other than by
way of supply 23. Is it mandatory to indicate the word “Revised
d. All of the above invoice” on revised tax invoice?
Ans: a b c d a. Yes
b. No
16. HSN Code is ___________ code? c. Yes, but if the value exceeds Rs.5,000
a. 8 digit b. 6 digit d. Yes, but if the value exceeds Rs.500
c. 2 digit d. 10 digit
Ac Ans: a b c d
Ans: a b c d
24. In case of taxable supply of services, tax invoice
17. HSN upto ----------should be provided in quarterly shall be issued within __________ from the date of
return in proposed return scheme. supply of service provided that the supplier is other
a) 4 digits than an insurer / banking company / financial
b) 4 digits or more ins tu on / non – banking financial company.
c) 2 digits a. 15 days
d) 0 digit (no HSN required) b. 30 days
Ans:- a b c d c. 45 days
t

d. 60 days
18. Invoice shall be prepared in (I) ___________ in case Ans: a b c d
of taxable supply of goods and in (ii)_____________
ar

in case of taxable supply of services.
a) (i) Triplicate, (ii) Duplicate
b) (i) Duplicate, (ii) Triplicate
c) (i) Duplicate, (ii) Duplicate
d) None of the above
Ans:- a b c d
Sm
24. In case of taxable supply of services by a non-
banking financial company (NBFC), invoice shall be
issued within a period of __________ from the date
of supply of service.
(a) 30 days
(b) 45 days

(c) 60 days
19. The serial number of invoices issued during a tax (d) 90 days
period shall be furnished in Ans:- a b c d
a. GSTR – 1 25. Mr. A is supplying papers to an Advocate's Office.
b. GSTR – 3B He submi ed the account of total supplies made
c. GSTR – 2 during the 2 months period on the 25th of alternate
d. All of the above month. What type of supply is this?
Ans: a b c d a. Con nuous supply of goods
b. Con nuous supply of services
20. Is it mandatory to start a fresh series of invoice in c. Composite supply
V’

every financial year? d. Mixed supply

a. Yes Ans: a b c d
b. No
c. Totally at the op on of supplier 26. Mr. A had a contract for suppling man power for 20
d. None of the above days for Rs. 20,000. However, a er 20 days, the

64
service has stopped i.e. the service started on c. Goods or services supplied are found to be
11.9.2018 and ceased on 30.9.2018. When should deficient

y
the invoice be raised? d. All of the above
a. 11.09.2018 Ans: a b c d
b. 30.09.2018
c. 11.10.2018 33. Mr. A had made a supply in April, 2018. The party

m
d. Any of the above returned the goods in May 2018. In which month the
Ans: a b c d credit note is to be reflected?
a. April, 2018
27. Do we have to issue a tax invoice even if we remove b. May 2018
goods for 'sale on approval basis'? c. By 10th April, 2018

e
a. Yes b. No d. None of the above
c. Maybe d. None of the above Ans: a b c d
Ans: a b c d
ICAI BGM

ad
28. Where the goods being sent or taken on approval
for sale or return are removed before the supply 34. Tax invoice must be issued by________
takes place, the invoice shall be issued: (a) Every supplier
(a) before/at the me of supply. (b) Every taxable person
(b) 6 months from the date of removal. (c) Registered persons not paying tax under
(c) Earlier of (a) or (b). composi on scheme
(d) Later of (a) or (b). (d) All the above
Ans:- a b c d
Ac Ans. a b c d

29. Mr. A, a registered ar st took the pain ng from his
gallery on basis of ________ to an art house for
subsequent sale. There he issued __________ to
a customer while selling his art work.
a. Delivery challan, tax invoice
b. Delivery challan, bill of supply
c. Invoice, bill of supply
d. E way bill, bill of supply
t
35. Law permits collec on of tax on supplies effected
prior to registra on, but a er applying for
registra on:
(a) Yes, but only on intra-State supplies, if the revised
invoice is raised within one month
(b) Yes, but only on intra-State supplies effected to
unregistered persons, if the revised invoice is raised
within one month

Ans: a b c d (c) Yes, on all supplies, if the revised invoice is raised

within one month
30. Refund Voucher shall be issued if supply is not (d) No, tax can be collected only on supplies effected
ar

made and tax invoice not issued against a er registra on is granted.

a. Debit note Ans. a b c d
b. Receipt voucher
c. Credit note 36. A bill of supply can be issued in case of inter-State
d. Bill of supply and intra-State:
Ans: a b c d (a) Exempted supplies
Sm

(b) Supplies to unregistered persons

SECTION 34: (c) Both of above
(d) None of the above.
31. If prices are increased a er renego a ons, the Ans. a b c d

supplier should issue

a. Credit note with GST 37. An invoice must be issued:
b. Debit note without GST (a) At the me of removal of goods
c. Credit note without GST (b) On transfer of risks and rewards of the goods to
d. Debit note with GST the recipient
Ans: a b c d (c) On receipt of payment for the supply
V’

(d) Earliest of the above dates.

32. Credit note is issued when ______________ Ans. a b c d

a. Tax invoice is found to exceed the taxable value or

tax payable 38. An acknowledgement must be given on receipt of
b. Goods supplied are returned by the recipient advance payment in respect of supply of goods or

65
4
2
 services:
(a) Yes, in the form of a proforma invoice
(b) Yes, as a receipt voucher
(c) Yes, the invoice must be raised to that extent
(d) None of the above
Ans. a b c d
39. A con nuous supply of goods requires one of the
following as a must:
(a) The goods must be no fied by the Commissioner
in this behalf
(b) The contract for supply lasts for a minimum
period of 3 months
(c) The supply is made by means of a wire, cable,
pipeline or other conduit
(d) Supplier invoices the recipient on a regular or
periodic basis
Ans. a b c d
40. The recipient must issue an invoice in the following
cases:
(a) The supplier fails to issue an invoice
(b) The supplier is unregistered
Ac
(c) The goods or services received are no fied for tax
on reverse charge basis
(d) both (b) & (c) above
Ans. a b c d
41. A payment voucher need not be raised if the
supplier is an unregistered person.
(a) True, as the recipient is required to issue an
invoice in that case
(b) True, if the unregistered person does not require
t
it
(c) False, a payment voucher is the only document to
evidence the supply
ar
(d) False, payment voucher should be issued in
addi on to raising an invoice for the inward supply
Ans. a b c d
42. The me limit for issue of tax invoice in case of
con nuous supply of goods:
Sm
(a) At the me of issue of statement of account
where successive accounts are involved
(b) At the me of receipt of payment, if payments are
received prior to issue of accounts
(c) On a monthly basis
(d) As and when demanded by the recipient.
Ans. a b c d
43. In case of goods sent on sale on approval basis,
invoice has to be issued:
V’
(a) while sending the goods; another Invoice has to
be issued by the recipient while rejec ng the goods
(b) while sending the goods but the recipient can take
credit only when the goods are accepted by him
(c) when the recipient accepts the goods or six
66
months from the date of removal whichever is earlier
(d) when the recipient accepts the goods or three
months from the date of supply whichever is earlier
y
Ans. a b c d
44. If Supply of Services has ceased under a contract
m
before the comple on of supply:
(a) Invoice has to be issued within 30 days on the
basis of 'Quantum Meruit' from the date of cessa on
(b) Invoice has to be issued at the me of cessa on to
the extent of the supply effected
(c) Invoice has to be issued for the full value of the
e
contract a er deduc ng a percentage thereof as
prescribed
(d) Invoice cannot be issued as the ma er will be sub-
judice.
ad
Ans. a b c d
45. The tax invoice should be issued _______the date of
supply of service:
a) Within 30 days from
b) Within 1 month from
c) Within 15 days from
d) On
Ans. a b c d
46. A person who has applied for registra on can:
a) Provisionally collect tax ll his registra on is
approved, on applying for registra on, if he has
applied for registra on within prescribed me
b) Neither collect tax nor claim input tax credit
c) Issue 'revised invoice' and collect tax within 1
month of date of issuance of cer ficate of
registra on, subject to condi ons
d) All of the above.
Ans. a b c d
47. The name of the State of recipient along with State
code is required on the invoice where:
a) Supplies are made to unregistered persons
b) Supplies are made to unregistered persons where
the value of supply is ` 50,000 or more
c) Inter-state supplies are made to unregistered
persons where the value of supply is ` 50,000 or more
(d) Supplies are made to registered persons
Ans. a b c d
48. A credit note is issued by ________ and it is a
document accepted for GST purposes:
a) Supplier, for reducing the tax/ taxable value
b) Recipient, for reducing the tax/ taxable value
c) Supplier, for increasing the tax/ taxable value
d) Recipient, for increasing the tax/ taxable value
Ans. a b c d
49. For an increase in the tax/ taxable value, a debit b) Invoice reference
note for GST purposes: c) Full value of supply

y
a) Should be issued by the supplier d) None of the above
b) Should be issued by the recipient Ans. a b c d
c) May be issued by the supplier

m
d) May be issued by the recipient
Ans. a b c d

50. The last date for declaring the details of a Credit

Note issued on 25-Jun-2018 for a supply made on
19-Sep-2017 is:

e
a) 31-Dec-2018 – Last date for filing annual return
b) 20-Jul-2018 – Actual date for filing annual return
c) 20-Jan-2018 – Due Date of Filing of December
Return

ad
d) 20-Oct-2018 – Due Date of Filing of September
Return
Ans. a b c d

51. The receipt voucher must contain:

a) Details of goods or services
Ac
Answer:-

1 a 11 c 21 c 31 d 41 d 51 a

2 c 12 b 22 a 32 d 42 a

3 d 13 a 23 a 33 b 43 c
t

4 b 14 b 24 b 34 c 44 b
ar

5 d 15 d 25 b 35 c 45 a

6 b 16 a 26 b 36 a 46 c

7 c 17 b 27 b 37 a 47 b
Sm

8 a 18 a 28 b 38 b 48 a

9 b 19 a 29 a 39 d 49 a

10 b 20 c 30 b 40 d 50 d
V’

67
4
2
12 Return

Think GST !
Think Vishal Sir...!!
 1. GST Returns are to be filed_______________ . d. Before or at the me of filing return
a. Manually Ans:- a b c d

b. Electronically

y
c. (a) or (b) 8. Challan in FORM GST PMT-06 generated at the
d. (a) or (b) both common portal shall be valid for a period of ------.
Ans:- a b c d a) 7 days

m
b) 15 days
2. Which return is required to be furnished for c) 20 days
outward supplies made by the registered person? d) 30 days
(a) Form GSTR-1
Ans:- a b c d
(b) Form GSTR-2
(c) Form GSTR-4A
9. Which class of person is required to file monthly

e
(d) Form GSTR-6
details of outward supplies of goods or services
Ans:- a b c d
or both in Form GSTR-1?
a) Non resident taxable person
3. Invoice-wise details of Supplies made by Taxable

ad
b) Person required to deduct tax at source
person are filed in __________________ .
c) Person who has opted to pay tax under
a. GSTR-1
composi on scheme
b. GSTR-2
d) Person other than men oned above
c. GSTR-3
Ans:- a b c d
d. All of the above
Ans:- a b c d
10. True or false: Under the GST regime, the
responsibility to compute the correct output tax
4. In Form GSTR-01 which of the following
Ac
liability, eligible input tax credit and net tax
informa on is to be filed?
liability lies with the assessee.
(a) detail of outward supplies of taxable
a) True
goods/supplies
b) False
(b) Details of inward supplies of taxable
c)
goods/supplies
d)
(c) detail of tax deducted
Ans:- a b c d
(d) Detail of amount deposited in cash ledger
Ans:- a b c d
11 Who are the persons liable to comply with
return filling obliga ons under Reverse Charge?
t

5. What is the due date for payment of tax?

(a) Last day of the month to which payment a) Registered Supplier
relates b) Registered recipient
ar

(b) Within 10 days of the subsequent month c) Both

(c) Within 20 days of the subsequent month d) None
(d) Within 15 days of the subsequent month Ans:- a b c d
Ans:- a b c d
12. Filing of return on quarterly basis by a regular
6. Every tax payer paying tax under section 10 person is -------.
Sm

(Composition levy) shall file the return in a) Mandatory

(a) Form GSTR 3 by 18th of the month succeeding the b) Op onal
quarter c) Op onal for persons having turnover >Rs. 5
(b) Form GSTR 4 by 18th of the month succeeding the Crores
quarter d) Mandatory for persons having turnover >Rs. 5
(c) Form GSTR 4 by 18th of the succeeding month crores
(d) Form GSTR 4 by 20th of the month succeeding the Ans:- a b c d

quarter
Ans:- a b c d 13. Return is _____________ for Taxable persons
with turnover exceeding Rs.1.50 Crores and
V’

7. In case of monthly returns, taxes will be payable _____________ for taxable persons with
_________. turnover to Rs.1.50 Crores.
a. Before filing the return a. Monthly, Annually
b. At the me of filing return b. Quarterly, Monthly
c. A er or at the me of filing return c. Monthly, Quarterly

68
 d. Annually, Monthly
Ans:- a b c d
14. Which of the statement is FALSE with regard to
filing of GST return of Mr. Anup, a proprietor
registered under GST (non-composi on) who is
filing quarterly return as his annual turnover is
less than 1.5 crore
a) Mr. Anup has to file GSTR-1 quarterly
b) Mr. Anup has to pay tax quarterly.
c) Mr. Anup has to se le his tax liabili es before
filing of return
d) Mr. Anup has to pay tax monthly.
Ans:- a b c d
15. Which of the following is true?
a. The Commissioner may extend the me limit
for furnishing the details of outward supplies
by no fica on for valid reasons
b. The details of outward supplies shall include
details of debit notes, credit notes and
revised invoices issued in rela on to outward
supplies
Ac
c. The details of outward supplies shall be
submi ed in Form GSTR-1 by all the
registered taxable person other than ISD,
non-resident tax payer and a person paying
tax under sec on 10, sec on 51 and
sec on52
d. All the above
Ans:- a b c d
16. Which of the following is FALSE w.r.t HSN
t
disclosure in GSTR 1?
a) Disclosure is not required for taxpayers having
annual turnover uptoRs. 1.5 Crore
ar
b) It will be mandatory to report HSN code at 2
digit level for taxpayer having annual turnover
in the preceding year above Rs. 1.50 Crore but
upto 5.00 Crore
c) Taxpayers having turnover above Rs. 5 Crore
have to mandatorily report 8 digit level HSN
Sm
code.
d) Taxpayers having turnover above Rs. 5 Crore
have to mandatorily report 4 digit level HSN
code.
Ans:- a b c d
17. M/s. Pee Kay (P) Ltd. is registered in Haryana.
While entering their outward supplies in FORM
GSTR-3B for the month of Jul-18, the company
realized that they had inadvertently shown
V’
inter-State supply as intra-State supply and paid
its wrong liability and filed its return. What is
the remedy available now?
(a) The company can rec fy wrongly reported
liability using edit facility
(b) The company can revise the return within 90
days
(c) The company will have to pay IGST and claim
y
refund of CGST/ SGST
(d) No remedy available
Ans:- a b c d
m
18. M/s. Gabbar Associates, a registered person in
Delhi issued a credit note amoun ng to Rs. 25,000
(inclusive of GST) to Mr. Kalia, an un-registered
person residing in Delhi against an invoice
e
amoun ng to Rs. 1,50,000. How the credit note is
to be treated in FORM GSTR-1?
(a) Credit note will be shown separately in Table No.
9B of FORM GSTR-1
ad
(b) Taxable supplies to un-registered person is to be
shown net of credit note in Table No. 7 of FORM
GSTR-1
(c) Credit note need not to be shown in FORM GSTR-1
(d) Credit note cannot be issued to an un-registered
person
Ans:- a b c d
19. Mr. A, registered under regular scheme of
payment of GST, had annual turnover of 3 crores
last year. He is required to file GSTR-1 on a
monthly basis. While filing the GSTR-1 for July
month he found that he has received advances
worth INR 2,00,000/- for which goods have not
been supplied ll month end. The goods will be
supplied in coming months. What would be his
repor ng for the above transac on in GSTR-1?
a) Mr. A is exempt from payment of GST on receipt
of advance payments.
b) He needs to report the details of advances
received in table 11A rate wise in the tax period
and tax to be paid thereon along with
respec ve point of sale.
c) He needs to report the details of advances
received in table 8 rate wise in the tax period
and tax to be paid thereon along with
respec ve point of sale.
d) Mr. A has to pay tax on advances and adjust the
same on issue of invoice. Recipient will only be
able to take input tax credit only in the month
of issue of Invoice.
Ans:- a b c d
20. Input Service Distributor (ISD), Tax Deductor&
Tax Collector are required to file return _______.
a. Annually
b. Quarterly
c. Monthly
69
4
2
 d. Half-Yearly a. Sec on 41 of CGST act
Ans:- a b c d b. Sec on 42 of CGST act
c. Sec on 43 of CGST act

y
21. Any input tax credit omi ed to be taken in a d. Sec on 44 of CGST act
financial year can be taken on or before ______. Ans:- a b c d
a. Filing return for September of next financial year

b. Annual return of the financial year
c. (a) or (b) whichever is earlier
d. (a) or (b) whichever is later
Ans:- a b c d
22. Rec fica on of mistake in returns is not allowed
m
27. Annual return is to be filed by _________
a. Registered person supplying goods or services
or both
b. Input services distributor
c. E-commerce operator paying TCS under
sec on 52

e
a er the- d. Casual taxable person
a. Due date for filing of return for the month of Ans:- a b c d
September following the end of the financial year
b. Actual date of filing of relevant annual return 28. Every registered person whose aggregate

ad
c. (a) or (b) whichever is earlier turnover during a financial year-------- shall gate
d. (a) or (b) whichever is later his accounts audited
Ans:- a b c d
a. exceeds 2 core rupees
23. Is it allowed for an e-commerce operator to b. exceeds 1.5 core rupees
rec fy any omission or incorrect par culars c. exceeds 1 core rupees
furnished in the return? d exceeds 2.5 core rupees
Ac
a) Yes, he can rec fy the details at any me Ans:- a b c d
b) Yes but not a er the due date for furnishing of
statement for the month of 29 Every registered person whose aggregate
c) Yes but not a er the actual date of furnishing turnover during a financial year exceeds 2 core
of the relevant annual statement rupees shall gate his accounts audited and
d) Both (b) and (c) are correct statements furnish a copy of audited annual accounts and a
Ans:- a b c d reconcilia on statement, duly cer fied, in
a. Form GSTR-9
24. Every registered taxable person who has made b. Form GSTR-9C
outward suppliers in the period between the c. Form GSTR-11
t

date on which he become liable to registra on d. Form GSTR-11A

ll the date on which is registra on has been Ans:- a b c d
granted shall declare the same in the
ar

a. First return filed by him a er grant of 30. Annual audit report is required to be cer fied
registra on by prac cing
b. First two return filed by him a er grant of a. CA
registra on b. CMA
c. FORM GSTR-7 c. CA or CMA
d. FORM GSTR-11 d. CA and CMA both
Sm

Ans:- a b c d Ans:- a b c d

25. When is a registered person required to furnish
his annual return?
a. On or before 31st day of March at the end of
financial year
b. On or before 30th day of September
following the end of financial year
c. On or before 31st day of December following
the end of financial year
V’
31. In the GSTR-9C, which reconcilia on is to be
made?
a. Reconcilia on of suppliers declared in the
annual return with details of unaudited
financial statements
b. Reconcilia on of suppliers declared in the
returns filed during the financial year with the
details of audited financial statements

d. On or before 1st day of December following c. Reconcilia on of suppliers declared in the

the end of financial year annual return with details of audited financial
Ans:- a b c d statements
d. Reconcilia on of suppliers declared in the
26. Annul return has to be filed under GSTR-3B with details of audited financial

70
 statements Answers:-
Ans:- a b c d

y
32. Final return shall be furnished in 1 b 11 b 21 c 31 c
a. Form GSTR-8
b. Form GSTR-9 2 a 12 b 22 c 32 c

m
c. Form GSTR-10 c
3 a 13 c 23 d 33
d. Form GSTR-11
Ans:- a b c d 4 a 14 b 24 a 34 b

33. The due date of filing Final Return is ______. 5 c 15 d 25 c 35 d

(a) 20th of the next month
d

e
(b) 18th of the month succeeding the quarter 6 b 16 c 26 d 36
(c) Within 3 months of the date of cancella on 7 d 17 c 27 a 37 a
or date of order of cancella on, whichever is
later 8 b 18 b 28 a

ad
(d) 31st December of next financial year
Ans:- a b c d 9 d 19 a 29 b

34. Which sec on lays down the provision of GST 10 a 20 c 30 c

prac oners?
a. Sec on 47
b. Sec on 48
c. Sec on 49
Ac
d. Sec on 50
Ans:- a b c d

35. A goods and services tax prac oners can

undertake the following ac vi es if authorized
by the taxable person.
a. Furnish details inward and outward supplies.
b. Furnish monthly / quarterly return
c. Furnish Annual and Final return
t

d. All of the above

Ans:- a b c d
ar

36. GST prac oners must be:

a. A ci zen of India
b. Person of sound mind
c. Non adjudicated as an insolvent
d. All of above
Ans:- a b c d
Sm

37. Mr.A was enrolled as a sales tax prac oners or

tax return preparer under the earlier law for the
period of 8 years, by when he has to pass the
GSTP exam?
a. 18 months form appointed date
b. 18 months form date of filling GSTP Form
c. 18 months form date of receiving GSTP
cer ficate
d. 28 months form appointed date
V’

Ans:- a b c d

71
4
2