CUSTOMS AND GST II

Assignment 1

Q.1. Write a detailed note on constitution on GST Council.

Q.2. State the eligibility and conditions for taking Input Tax Credit.

Q.3. What do you understand by Input Tax Credit? What is the hierarchy of availing ITC of
IGST, SGST and CGST?

Q.4. State the cases when Input Tax Credit is not available.

Q. 5. Whenever a transaction takes place, different kinds of documents are issued under different
circumstances for procedural compliances under GST, like tax invoice, receipt voucher, credit
note, debit note etc. Explain the meaning of Tax Invoice, Receipt Voucher, Debit note and
Credit note.

Q.6. Write a note on various types of Audit under GST

Q.7. Write a detailed note on the Returns required to be filed under GST Act.

Q.8. State the provisions related to Tax deduction at Source and Tax Collection at Source under
GST.

Q.9. State the provisions under GST related to ‘Assessment of Non-filers of Returns’ and
‘Assessment of Unregistered persons’.

Q. 10. Mr. X, a supplier of goods, pays GST under regular scheme. Mr. X is an inter-state
supplier and hence is not eligible to any threshold exemptions. He has made the following
taxable supplies:
Outward Taxable Supplies
Intra State 36,00,000
Inter State 13,50,000
He has also furnished the following details about his purchases:
Inward Taxable Supplies
Intra State 13,50,000
Inter State 2,25,000
He has opening balances of ITC as under :
CGST INR 1,35,000
SGST INR 1,35,000

(1)
CS Sangeeta Bagga
IGST INR 3,15,000
If the supplies are exclusive of taxes (18% GST), compute his tax liability.

Q.11. Write short notes on the following:

a) Input Service Distributor.

b) Anti-profiteering measures under GST.
c) Avoidance of dual control.
d) Special Audit under GST.
e) Zero Rated Supply.
f) Summary Assessment under GST.
g) E-way bills.

______________________________

(2)
CS Sangeeta Bagga