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EASY

Ques_ID Question Answer Correct Answer Marks
Given
9 As per CENVAT Credit Rules the Quarterly Quarterly return 1
units availaing exemption based on return
the value of clearances shall submit
-
41 Document which is prepared at the Excise Invoice Excise Invoice 1
time of removal of goods is
98 How many copies of challan is to be One Copy One Copy 1
submitted with the return ?
45 Computer Software is goods as both movable both movable and 1
and marketable
marketable
83 100% EOU or Unit in SEZ / FTZ is Form ER 2 Form ER 2 1
required to file return in
81 Excise duty is collected by the The The manufacturer of 1
Excise Authority from manufacturer the goods
of the goods
118 Manufacture does not include Branding Branding 1

65 Duty of excise is postponed till the Removal of Removal of goods 1
time of goods
49 In case of export by bond Merchant ARE 1 CT 1 Certificate 1
Exporter should get Certificate
121 Full form of DSA is Daily Stock Daily Stock Account 1
Account
Ques_ID Question Answer Correct Answer Marks
Given
38 In case of Partnership firm Name of the None of the above 1
application for registration business
Certificate includes
34 Computer software is Not goods nor Goods 1
service
95 Excise duty is payable Yearly Monthly 1

103 Full form of SSI unit is Small Scale Small Scale Industrial 1
Industrial Unit Unit
9 As per CENVAT Credit Rules the Quarterly Quarterly return 1
units availaing exemption based on return
the value of clearances shall submit
-
31 Duty is collected at the time of Removal of Removal of goods 1
goods
111 Central excise duty is paid through TR 4 Challan TR 6 Challan 1

115 If goods are not received back Specific Cenvat Credit 1
within 180 days of their being sent excise duty attributable to Input /
out to the job worker manufacturer Capital goods

shall pay an amount equivalent to
47 1000 litres of input were received Rs.10000 Rs.10000 1
on which duty paid was Rs 10000.
Out of these 950 litres of final
product were manufactured. 50
litres of input were lost in process.
What is the amount of Cenvat
Credit available ?
114 For removal for export of excisable UT 1 UT 1 1
goods without payment of duty by
letter of undertaking relevant form
is
Ques_ID Question Answer Correct Answer Marks
Given
54 The cost of raw material supplied to Rs.14500 Rs.14500 1
the job worker is Rs 12000 & cost of
bringing the inputs to factory is Rs
1000. The job charges billed by the
assessee is Rs 1500. What is the
assessable value ?
10 Goods manufactured in Special Non excisable Non excisable goods 1
Economic Zone is goods
28 Change in registration certificate Modification Amendment in 1
means in registration Registration
Certificate Certificate
13 How many copies of invoice book Four Copies One Copy 1
can be used at a time
121 Full form of DSA is Daily Stock Daily Stock Account 1
Account
113 Capital Goods Credit Account is RG 23C Part II RG 23C Part II 1
maintained in
99 How many copies of challan is Two Two 1
retained by bank
114 For removal for export of excisable UT 1 UT 1 1
goods without payment of duty by
letter of undertaking relevant form
is
48 Excise invoice is an invoice which is Removal of Removal of goods 1
prepared at the time of goods
95 Excise duty is payable Monthly Monthly 1

Ques_ID Question Answer Correct Answer Marks
Given
62 The invoice should be Serially Serially numbered 1
numbered
97 CETA stands for Central Central Excise Tariff 1
Excise Tariff Act
Act
49 In case of export by bond Merchant CT 1 CT 1 Certificate 1
Exporter should get Certificate

35 As per Central Excise Act & Rules Qua-duplicate Triplicate 1 invoice is to be prepared in 69 Permission from commissioner for One & Half Yearly Basis 1 removal of goods directly from Job Yearly Basis worker can be taken on 38 In case of Partnership firm None of the None of the above 1 application for registration above Certificate includes 18 Payment of duties to the govt is Input Credit Personal Ledger 1 recorded in Account Account 8 The rebate for export of goods can Maritime Maritime 1 be filed with the Commissione Commissioner r 57 Where the assessee shall himself Self Self Assessment 1 assess the duty payable on Assessment excisable goods then it is called 118 Manufacture does not include Branding Branding 1 Ques_ID Question Answer Correct Answer Marks Given 117 100% EOU or Unit in SEZ / FTZ has Quarterly Monthly return 1 to file return 38 In case of Partnership firm None of the None of the above 1 application for registration above Certificate includes 57 Where the assessee shall himself Self Self Assessment 1 assess the duty payable on Assessment excisable goods then it is called 98 How many copies of challan is to be One Copy One Copy 1 submitted with the return ? 40 Construction and sale of flats Immovable Immovable properties 1 (residential) is not liable to duty as properties are are not goods not goods 92 Excise duty is a duty on Manufacture Manufacture 1 118 Manufacture does not include Branding Branding 1 111 Central excise duty is paid through TR 6 Challan TR 6 Challan 1 42 Duty can be paid by crediting the Personal Profit & Loss Account 1 Ledger Account 10 Goods manufactured in Special Non excisable Non excisable goods 1 Economic Zone is goods Ques_ID Question Answer Correct Answer Marks Given 99 How many copies of challan is Two Two 1 retained by bank 41 Document which is prepared at the Excise Invoice Excise Invoice 1 time of removal of goods is 56 The full form of CEA is Central Central Excise Act 1 .

What is the amount of Cenvat Credit available ? 57 Where the assessee shall himself Self Self Assessment 1 assess the duty payable on Assessment excisable goods then it is called 13 How many copies of invoice book One Copy One Copy 1 can be used at a time 17 Duty paid on raw materials for Eligible for Eligible for CENVAT 1 packing is CENVAT Credit Credit 5 Capital goods obtain by hire Will not be Will be eligible for 1 purchase eligible for CENVAT Credit CENVAT . 50 litres of input were lost in process. even if the final product is exempt mentioned FTZ EOU EHTP or when the goods are removed to above (i. What is the amount of Cenvat Credit available in 2005- 06. Out of these 950 litres of final product were manufactured.e.6000 1 duty paid was Rs 12000 during the year 2005-06.10000 1 on which duty paid was Rs 10000. Excise Act 80 Duty paid on inputs or capital goods Any of the Any of the units 1 is allowed to take CENVAT credit units mentioned above (i.10000 Rs.e. STP ) FTZ EOU EHTP or STP ) 93 As per CENVAT Credit Rules input Steam used Steam used for 1 includes any where manufacture of final products 8 The rebate for export of goods can Maritime Maritime 1 be filed with the Commissione Commissioner r 10 Goods manufactured in Special Non excisable Non excisable goods 1 Economic Zone is goods 105 As per section 4 Transaction Value Specific Value Assessable Value 1 means 82 A Person manufacturing goods on Job Worker Job Worker 1 behalf of others is called 49 In case of export by bond Merchant CT 1 CT 1 Certificate 1 Exporter should get Certificate Ques_ID Question Answer Correct Answer Marks Given 26 A buyer bought Machinery on which Nil Rs. 119 Central excise department can Bond Bond 1 grant exemption from duty if goods are exported under the cover of 47 1000 litres of input were received Rs.

e.e. STP ) FTZ EOU EHTP or STP ) 3 As per CENVAT Credit Rules input includes paint includes paint and 1 and packing packing materials materials 10 Goods manufactured in Special Non excisable Non excisable goods 1 Economic Zone is goods 83 100% EOU or Unit in SEZ / FTZ is Form ER 2 Form ER 2 1 required to file return in Ques_ID Question Answer Correct Answer Marks Given 32 The basis of calculation of duty Duty based Specific Duty 1 payable on Matches is on Assessable Value 10 Goods manufactured in Special Non excisable Non excisable goods 1 Economic Zone is goods 62 The invoice should be Serially Serially numbered 1 numbered 31 Duty is collected at the time of Removal of Removal of goods 1 goods . Credit 49 In case of export by bond Merchant CT 1 CT 1 Certificate 1 Exporter should get Certificate 93 As per CENVAT Credit Rules input Steam used Steam used for 1 includes for manufacture of final manufacture products of final products 42 Duty can be paid by crediting the Profit & Loss Profit & Loss Account 1 Account Ques_ID Question Answer Correct Answer Marks Given 18 Payment of duties to the govt is Personal Personal Ledger 1 recorded in Ledger Account Account 99 How many copies of challan is Two Two 1 retained by bank 82 A Person manufacturing goods on Job Worker Job Worker 1 behalf of others is called 77 Affixing brand name is Manufacture Not manufacture 1 31 Duty is collected at the time of Removal of Removal of goods 1 goods 57 Where the assessee shall himself Self Self Assessment 1 assess the duty payable on Assessment excisable goods then it is called 80 Duty paid on inputs or capital goods Any of the Any of the units 1 is allowed to take CENVAT credit units mentioned above (i. even if the final product is exempt mentioned FTZ EOU EHTP or when the goods are removed to above (i.

57 Where the assessee shall himself Self Self Assessment 1 assess the duty payable on Assessment excisable goods then it is called 75 Full form of FTZ is Free Trade Free Trade Zone 1 Zone 17 Duty paid on raw materials for Eligible for Eligible for CENVAT 1 packing is CENVAT Credit Credit 119 Central excise department can Bond Bond 1 grant exemption from duty if goods are exported under the cover of 38 In case of Partnership firm None of the None of the above 1 application for registration above Certificate includes 92 Excise duty is a duty on Manufacture Manufacture 1 Ques_ID Question Answer Correct Answer Marks Given 65 Duty of excise is postponed till the Removal of Removal of goods 1 time of goods 77 Affixing brand name is Not Not manufacture 1 manufacture 35 As per Central Excise Act & Rules Triplicate Triplicate 1 invoice is to be prepared in 102 Goods includes Gas Steam Gas Steam 1 44 Job worker is treated as Hired labour On principal to 1 manufacturer when he works as principal basis 75 Full form of FTZ is Free Trade Free Trade Zone 1 Zone 8 The rebate for export of goods can Maritime Maritime 1 be filed with the Commissione Commissioner r 45 Computer Software is goods as both movable both movable and 1 and marketable marketable 119 Central excise department can Bond Bond 1 grant exemption from duty if goods are exported under the cover of 26 A buyer bought Machinery on which Rs.6000 Rs. Ques_ID Question Answer Correct Answer Marks Given 113 Capital Goods Credit Account is RG 23C Part II RG 23C Part II 1 maintained in 121 Full form of DSA is Daily Stock Daily Stock Account 1 Account .6000 1 duty paid was Rs 12000 during the year 2005-06. What is the amount of Cenvat Credit available in 2005- 06.

69 Permission from commissioner for Yearly Basis Yearly Basis 1 removal of goods directly from Job worker can be taken on 35 As per Central Excise Act & Rules Triplicate Triplicate 1 invoice is to be prepared in 95 Excise duty is payable Monthly Monthly 1 38 In case of Partnership firm None of the None of the above 1 application for registration above Certificate includes 75 Full form of FTZ is Free Trade Free Trade Zone 1 Zone 118 Manufacture does not include Branding Branding 1 122 Full form of STP is Software Software Technology 1 Technology Park Park 77 Affixing brand name is Not Not manufacture 1 manufacture INTERMEDIATE Ques_ID Question Answer Correct Answer Marks Given 74 For normal assessee duty on goods 5th of the 5th of the following 2 removed from factory or the following Month warehouse during the month shall month of the be paid by quarter 87 Application for registration is made Form A1 Form A1 2 in 22 CENVAT is available on Paints & Paints & packing 2 packing materials materials 96 Goods can be cleared from factory sealed or sealed or without 2 for export in without sealed both sealed both 19 Mere changes of the form or size of Manufacture Not Manufacture 2 the same articles amounts to 60 Rate of interest in case of delay in 2% p. What is the assessable value ? .a. 2% p.1700 Rs. 2 payment of duty is 76 Excise duty cannot be levied on Packing or Imported goods 2 Repacking 116 All the copies of ARE 1 are to be Assistant Excise Officer 2 submitted to the Commissione r of Central Excise 15 An assessee sold certain goods to a Rs. The buyer sold it to another buyer who is a unrelated person for Rs 1700.1700 2 buyer who is a related person for Rs 1500.m.

101 A consignment of 1000 kgs of Rs. The buyer sold it to another buyer who is a unrelated person for Rs 1700. April 58 Manufacture includes any process Incidental or Incidental or ancillary 2 which is ancillary to to the completion of a the final product completion of a final product Ques_ID Question Answer Correct Answer Marks Given 91 Export consignment is cleared Deputy Excise 2 under the supervision of Commissione Superintendent r 12 Monthly return is to be filed through Form ER2 Form ER1 2 .m.9500 2 inputs was received.1700 Rs. 2% p. What is the assessable value ? 73 Which of the followings are not None of the Nature of Services 2 required to be submitted along with above required from the the application of registration under department Central Excise Act. 2 payment of duty is 15 An assessee sold certain goods to a Rs. What is the amount of Cenvat available ? 106 Any person duly authorised shall before being before being brought 2 authenticate each invoice book brought into into use use 110 Clearances for home consumption Nepal and Nepal and Bhutan 2 shall include clearances for export Bhutan to 108 Duty liability for the month of Within 5th Within 31st March 2 March is to be paid . While input was being unloaded 50 kg were damaged.10000 Rs. 101 A consignment of 1000 kgs of Rs. Excise duty paid as per invoice was Rs 10000.m. Excise duty paid as per invoice was Rs 10000. While input was being unloaded 50 kg were damaged.9500 2 inputs was received.9500 Rs.1700 2 buyer who is a related person for Rs 1500. What is the amount of Cenvat available ? Ques_ID Question Answer Correct Answer Marks Given 4 Change in certificate can be made Form A1 Form A1 2 in 19 Mere changes of the form or size of Not Not Manufacture 2 the same articles amounts to Manufacture 60 Rate of interest in case of delay in 2% p.

What is the assessable value ? 19 Mere changes of the form or size of Not Not Manufacture 2 the same articles amounts to Manufacture 86 A buyer bought raw materials on Rs. the goods should be returned to the factory within 107 After clearance of goods from Original and Triplicate and 2 factory which copy of ARE 1 will be Triplicate Quadruplicate submitted to the Superintendent or Inspector within 24 hours ? 106 Any person duly authorised shall before being before being brought 2 authenticate each invoice book brought into into use use 76 Excise duty cannot be levied on Imported Imported goods 2 goods 15 An assessee sold certain goods to a Rs. the goods should be returned to the factory within 33 Which copy of ARE 1 the excise Original and Original and Duplicate 2 officer will return to the exporter Quadruplicate 90 Application form for claiming rebate RG 23C None of the above 2 for export is .5000 2 which duty paid was Rs 5000 and availed Cenvat Credit on these goods. The buyer sold it to another buyer who is a unrelated person for Rs 1700.2500 Rs.1700 Rs. What is the amount of duty payable ? Ques_ID Question Answer Correct Answer Marks Given 74 For normal assessee duty on goods 5th of the 5th of the following 2 removed from factory or the following Month warehouse during the month shall Month be paid by 112 Dealer issuing cenvatable invoice Goods Goods received and 2 shall maintain record for received and removed removed 120 Captively consumed goods must be Both Both marketable and 2 marketable movable and movable 36 After carrying out the operational 180 days 180 days 2 test / repair etc.22 CENVAT is available on Paints & Paints & packing 2 packing materials materials 36 After carrying out the operational 180 days 180 days 2 test / repair etc.1700 2 buyer who is a related person for Rs 1500. He sold these goods without using for production.

Ques_ID Question Answer Correct Answer Marks Given 79 Dealer who issued cenvatable Registration Registration 2 invoice is required to get 19 Mere changes of the form or size of Not Not Manufacture 2 the same articles amounts to Manufacture 55 Manufacturer who produces only Not required Not required to get 2 those goods which is fully to get registered exempted is registered 116 All the copies of ARE 1 are to be Excise Officer Excise Officer 2 submitted to the .m. 2 payment of duty is 120 Captively consumed goods must be Both Both marketable and 2 marketable movable and movable 19 Mere changes of the form or size of Not Not Manufacture 2 the same articles amounts to Manufacture 79 Dealer who issued cenvatable Amendment Registration 2 invoice is required to get 61 Querterly return is to be submitted 20th day of 20th day of the 2 by the SSI unit is the following following month month 108 Duty liability for the month of Within 15th Within 31st March 2 March is to be paid . 2% p. April 39 Excise officer will send the_____ of Triplicate Triplicate copy 2 ARE 1 form directly to the officer to copy whom bond was excuted.m.37 For payment of duty of Central Form TR 6 is Form TR 6 is used 2 Excise Challan in used 12 Monthly return is to be filed through Form ER1 Form ER1 2 55 Manufacturer who produces only required to Not required to get 2 those goods which is fully get registered exempted is Registered 61 Querterly return is to be submitted 10th day 20th day of the 2 by the SSI unit is from the following month close of the following quarter Ques_ID Question Answer Correct Answer Marks Given 22 CENVAT is available on Paints & Paints & packing 2 packing materials materials 90 Application form for claiming rebate None of the None of the above 2 for export is above 110 Clearances for home consumption Nepal and Nepal and Bhutan 2 shall include clearances for export Bhutan to 60 Rate of interest in case of delay in 2% p.

the department 11 Excise duty can not be levied on Goods Goods manufactured 2 manufactured in Nepal in each region of India 106 Any person duly authorised shall before being before being brought 2 authenticate each invoice book brought into into use use 108 Duty liability for the month of Within 31st Within 31st March 2 March is to be paid .5000 Nil 2 of Rs 5000 on which duty of Rs .73 Which of the followings are not Nature of Nature of Services 2 required to be submitted along withServices required from the the application of registration under required from department Central Excise Act. March 120 Captively consumed goods must be Both Both marketable and 2 marketable movable and movable 74 For normal assessee duty on goods 5th of the 5th of the following 2 removed from factory or the following Month warehouse during the month shall Month be paid by Ques_ID Question Answer Correct Answer Marks Given 33 Which copy of ARE 1 the excise Original and Original and Duplicate 2 officer will return to the exporter Duplicate 14 How many copies of invoice are to 4 5 2 be issued for export without payment of duty 112 Dealer issuing cenvatable invoice Goods Goods received and 2 shall maintain record for received and removed removed 79 Dealer who issued cenvatable Registration Registration 2 invoice is required to get 58 Manufacture includes any process Incidental or Incidental or ancillary 2 which is ancillary to to the completion of a the final product completion of a final product 74 For normal assessee duty on goods 5th of the 5th of the following 2 removed from factory or the following Month warehouse during the month shall Month be paid by 4 Change in certificate can be made Form A1 Form A1 2 in 19 Mere changes of the form or size of Not Not Manufacture 2 the same articles amounts to Manufacture 66 A manufacturer brings some inputs Rs.

The inputs were exported by him under bond without processing. the department 61 Querterly return is to be submitted 20th day of 20th day of the 2 by the SSI unit is the following following month .m. 1000 was paid. The inputs were exported by him under bond without processing.m. What is the amount of duty payable ? 120 Captively consumed goods must be Both Both marketable and 2 marketable movable and movable 33 Which copy of ARE 1 the excise Original and Original and Duplicate 2 officer will return to the exporter Duplicate 60 Rate of interest in case of delay in 2% p. What is the amount of duty payable ? 76 Excise duty cannot be levied on Imported Imported goods 2 goods Ques_ID Question Answer Correct Answer Marks Given 66 A manufacturer brings some inputs Nil Nil 2 of Rs 5000 on which duty of Rs 1000 was paid. 2% p. 2 payment of duty is 29 For manufacture stock and Daily Stock Daily Stock A/c 2 clearance of final products types of A/c register to be maintained is 55 Manufacturer who produces only Not required Not required to get 2 those goods which is fully to get registered exempted is registered 61 Querterly return is to be submitted 20th day of 20th day of the 2 by the SSI unit is the following following month month 91 Export consignment is cleared Excise Excise 2 under the supervision of Superintende Superintendent nt 46 For receipt stock and consumption Capital Goods Input Stock A/c 2 of cenvatable inputs type of Stock A/c register required is 104 For payment of excise duty in PLA Debited Debited 2 PLA should be Ques_ID Question Answer Correct Answer Marks Given 112 Dealer issuing cenvatable invoice Goods Goods received and 2 shall maintain record for received and removed removed 73 Which of the followings are not Nature of Nature of Services 2 required to be submitted along with Services required from the the application of registration under required from department Central Excise Act.

the goods should be returned to the factory within 39 Excise officer will send the_____ of Triplicate Triplicate copy 2 ARE 1 form directly to the officer to copy whom bond was excuted. month 29 For manufacture stock and Daily Stock Daily Stock A/c 2 clearance of final products types of A/c register to be maintained is 12 Monthly return is to be filed through Form ER1 Form ER1 2 36 After carrying out the operational 180 days 180 days 2 test / repair etc. the goods should be returned to the factory within 96 Goods can be cleared from factory sealed or sealed or without 2 for export in without sealed both sealed both 104 For payment of excise duty in PLA Debited Debited 2 PLA should be 4 Change in certificate can be made Form A1 Form A1 2 in 107 After clearance of goods from Triplicate and Triplicate and 2 factory which copy of ARE 1 will be Quadruplicate Quadruplicate submitted to the Superintendent or Inspector within 24 hours ? 110 Clearances for home consumption Nepal and Nepal and Bhutan 2 shall include clearances for export Bhutan to 37 For payment of duty of Central Form TR 6 is Form TR 6 is used 2 Excise Challan in used Ques_ID Question Answer Correct Answer Marks . March 55 Manufacturer who produces only Not required Not required to get 2 those goods which is fully to get registered exempted is registered 36 After carrying out the operational 180 days 180 days 2 test / repair etc. 4 Change in certificate can be made Form A1 Form A1 2 in 22 CENVAT is available on Paints & Paints & packing 2 packing materials materials 107 After clearance of goods from Triplicate and Triplicate and 2 factory which copy of ARE 1 will be Quadruplicate Quadruplicate submitted to the Superintendent or Inspector within 24 hours ? Ques_ID Question Answer Correct Answer Marks Given 33 Which copy of ARE 1 the excise Original and Original and Duplicate 2 officer will return to the exporter Duplicate 108 Duty liability for the month of Within 31st Within 31st March 2 March is to be paid .

5000 2 which duty paid was Rs 5000 and availed Cenvat Credit on these goods.9500 2 inputs was received.5000 Rs. What is the amount of duty payable ? 19 Mere changes of the form or size of Not Not Manufacture 2 the same articles amounts to Manufacture 116 All the copies of ARE 1 are to be Excise Officer Excise Officer 2 submitted to the 96 Goods can be cleared from factory sealed or sealed or without 2 for export in without sealed both sealed both Ques_ID Question Answer Correct Answer Marks Given 19 Mere changes of the form or size of Not Not Manufacture 2 the same articles amounts to Manufacture 120 Captively consumed goods must be Both Both marketable and 2 marketable movable and movable 86 A buyer bought raw materials on Rs. What is the amount of Cenvat available ? 58 Manufacture includes any process Incidental or Incidental or ancillary 2 which is ancillary to to the completion of a the final product completion of a final product 36 After carrying out the operational 180 days 180 days 2 test / repair etc. the goods should be returned to the factory within 29 For manufacture stock and Daily Stock Daily Stock A/c 2 clearance of final products types of A/c register to be maintained is 86 A buyer bought raw materials on Nil Rs. Given 39 Excise officer will send the_____ of Triplicate Triplicate copy 2 ARE 1 form directly to the officer to copy whom bond was excuted. While input was being unloaded 50 kg were damaged. What is the .9500 Rs. 91 Export consignment is cleared Excise Excise 2 under the supervision of Superintende Superintendent nt 101 A consignment of 1000 kgs of Rs. He sold these goods without using for production. Excise duty paid as per invoice was Rs 10000.5000 2 which duty paid was Rs 5000 and availed Cenvat Credit on these goods. He sold these goods without using for production.

amount of duty payable ? 58 Manufacture includes any process Incidental or Incidental or ancillary 2 which is ancillary to to the completion of a the final product completion of a final product 74 For normal assessee duty on goods 5th of the 5th of the following 2 removed from factory or the following Month warehouse during the month shall Month be paid by 91 Export consignment is cleared Excise Excise 2 under the supervision of Superintende Superintendent nt 106 Any person duly authorised shall before being before being brought 2 authenticate each invoice book brought into into use use 46 For receipt stock and consumption Input Stock Input Stock A/c 2 of cenvatable inputs type of A/c register required is 33 Which copy of ARE 1 the excise Original and Original and Duplicate 2 officer will return to the exporter Duplicate 14 How many copies of invoice are to 5 5 2 be issued for export without payment of duty TOUGH Ques_ID Question Answer Correct Answer Marks Given 43 After allowing the goods for export Original and Original and 3 the custom officer will return Duplicate Quintuplicate ____copy of ARE 1 to the exporter 109 Annexure IV under Central Excise Account of Account of duty paid 3 Act is maintained for the duty paid inputs sent to the job inputs workers received for working 7 ARE 1 under Central Excise Act is Removal of Removal of excisable 3 filed for excisable goods for export goods for export 63 Registration Certificate shall be Deputy or Supritendent of 3 issued by the Assistant Central excise Commissione r of Central excise 16 Stock account of all items other Form IV Form IV 3 than excisable goods are recorded in 50 For availing Cenvat Credit on RG23C.Part II 3 Capital goods name of the register .Part II RG23C.

After some processing manufacturer sent these material to job worker but was not returned within 180 days. Basic excise duty is Rs 1600. What is the rate of basic excise duty ? 68 Challan in Form TR 6 is to be Quadruplicate Quadruplicate 3 submitted in 52 Series of Invoice can be maintained All clearance Separately 3 for export under one invoice 78 Job work challan is contained in Annexure II Annexure II 3 . What is the rate of basic excise duty ? 100 Application for removal of excisable ARE 2 ARE-1 3 goods for export is made in Form 64 The CT-1 certificate will be valid for One year One year 3 Ques_ID Question Answer Correct Answer Marks Given 59 Export rebate can be obtained for Free Free convertible 3 export to Nepal if it is made in convertible foreign exchange foreign exchange 16 Stock account of all items other Form IV Form IV 3 than excisable goods are recorded in 84 Monthly return (ER1) is required to Triplicate Quintuplicate 3 be filed in 2 After clearance of goods from 24hours 24hours 3 factory triplicate and quadruplicate copies of ARE 1 will be submitted to superintendent or inspector of central excise within 23 A manufacturer received certain Rs.16000 3 inputs costing Rs 100000 and duty paid @ 16% and also availed cenvat credit. Basic excise duty is Rs 2400. required is 94 Central excise department can Export to Export to Nepal and 3 grant exemption from duty if goods Nepal and Bhutan are exported under bond except Bhutan 72 The selling price of a product 16% 16% 3 exclusive of all duty is Rs 15000.What is the amount of duty payable ? 20 In case of Job work if the raw Raw Material Raw Material Supplier 3 material supplier undertakes to pay Supplier duty then who is required to get registered 71 The selling price of a product 13% 16% 3 including excise duty is Rs 11600.32000 Rs.

The manufacturer sent these goods to job worker but returned within 180 days. While on production line a fire broke out and 200 kg of inputs lying on shop floor were destroyed. What is the amount of duty payable ? 50 For availing Cenvat Credit on RG23C.Ques_ID Question Answer Correct Answer Marks Given 70 If the invoice is issued from the Available Available 3 premises of consignment agent Cenvat credit is 84 Monthly return (ER1) is required to Quintuplicate Quintuplicate 3 be filed in 123 A manufacturer received certain Rs.50000 Nil 3 inputs costing Rs 500000 and paid duty @ 10% and availed cenvat credit.Part II RG23C. What is the amount of Cenvat Credit available ? 85 Merchant exporters before clearing Bond Bond 3 the goods without payment of duty .1000 Rs.2500 3 paid on which was Rs 2500.Part II 3 Capital goods name of the register required is 25 Depreciation can be claimed on Value of the Value of the fixed 3 that part of the fixed assets if fixed assets assets excluding duty CENVAT availed on exise duty paid excluding which represents duty 16 Stock account of all items other Form IV Form IV 3 than excisable goods are recorded in 43 After allowing the goods for export Original and Original and 3 the custom officer will return Duplicate Quintuplicate ____copy of ARE 1 to the exporter 51 Records maintained for excise 7 years 5 years 3 purpose must be preserved for a period of 27 Interest per day in case of delay in 1000 1000 3 payment of duty is Rs. 52 Series of Invoice can be maintained Separately Separately 3 for export Ques_ID Question Answer Correct Answer Marks Given 94 Central excise department can Export to Export to Nepal and 3 grant exemption from duty if goods Nepal and Bhutan are exported under bond except Bhutan 6 500 kg of inputs were received duty Rs. These were issued to production.

What is the amount of duty payable ? Ques_ID Question Answer Correct Answer Marks Given 78 Job work challan is contained in Annexure II Annexure II 3 63 Registration Certificate shall be Supritendent Supritendent of 3 issued by the of Central Central excise excise 51 Records maintained for excise 5 years 5 years 3 purpose must be preserved for a period of 7 ARE 1 under Central Excise Act is Removal of Removal of excisable 3 filed for excisable goods for export goods for export 72 The selling price of a product 16% 16% 3 exclusive of all duty is Rs 15000. What is the rate of basic excise duty ? 70 If the invoice is issued from the Available Available 3 premises of consignment agent Cenvat credit is 27 Interest per day in case of delay in 1000 1000 3 payment of duty is Rs. are required to execute a 16 Stock account of all items other Form IV Form IV 3 than excisable goods are recorded in 25 Depreciation can be claimed on Value of the Value of the fixed 3 that part of the fixed assets if fixed assets assets excluding duty CENVAT availed on exise duty paid excluding which represents duty 100 Application for removal of excisable ARE-1 ARE-1 3 goods for export is made in Form 109 Annexure IV under Central Excise Account of Account of duty paid 3 Act is maintained for the duty paid inputs sent to the job inputs workers received for working 68 Challan in Form TR 6 is to be Quadruplicate Quadruplicate 3 submitted in 63 Registration Certificate shall be Supritendent Supritendent of 3 issued by the of Central Central excise excise 123 A manufacturer received certain Nil Nil 3 inputs costing Rs 500000 and paid duty @ 10% and availed cenvat credit. The manufacturer sent these goods to job worker but returned within 180 days. Basic excise duty is Rs 2400. 64 The CT-1 certificate will be valid for One year One year 3 .

Part I RG23C.Part II RG23C.Part I 3 of Cenvatable Capital goods register to be maintained is Ques_ID Question Answer Correct Answer Marks Given 53 For receipts stock and consumption RG23C. The manufacturer sent these . Basic excise duty is Rs 2400.Part I 3 of Cenvatable Capital goods register to be maintained is 70 If the invoice is issued from the Available Available 3 premises of consignment agent Cenvat credit is 24 At the time of export which copy of Original Original Duplicate and 3 ARE 1 form will be submitted to the Triplicate and Quintuplicate customs officer along with goods ? Quintuplicate 109 Annexure IV under Central Excise Account of Account of duty paid 3 Act is maintained for the duty paid inputs sent to the job inputs workers received for working 27 Interest per day in case of delay in 1000 1000 3 payment of duty is Rs. 63 Registration Certificate shall be Supritendent Supritendent of 3 issued by the of Central Central excise excise 85 Merchant exporters before clearing Bond Bond 3 the goods without payment of duty are required to execute a 68 Challan in Form TR 6 is to be Quadruplicate Quadruplicate 3 submitted in 72 The selling price of a product 16% 16% 3 exclusive of all duty is Rs 15000.100 Application for removal of excisable ARE-1 ARE-1 3 goods for export is made in Form For receipts stock and consumption RG23C. What is the rate of basic excise duty ? 59 Export rebate can be obtained for Free Free convertible 3 export to Nepal if it is made in convertible foreign exchange foreign exchange Ques_ID Question Answer Correct Answer Marks Given 24 At the time of export which copy of Original Original Duplicate and 3 ARE 1 form will be submitted to the Duplicate and Quintuplicate customs officer along with goods ? Quintuplicate 123 A manufacturer received certain Nil Nil 3 inputs costing Rs 500000 and paid duty @ 10% and availed cenvat credit.

16000 3 inputs costing Rs 100000 and duty paid @ 16% and also availed cenvat credit. What is the amount of duty payable ? 100 Application for removal of excisable ARE-1 ARE-1 3 goods for export is made in Form 43 After allowing the goods for export Original and Original and 3 the custom officer will return Duplicate Quintuplicate ____copy of ARE 1 to the exporter 1 Excisable goods manufactured and Such Such utilization 3 utilized as such for manufacture of utilization any other commodity is said to have been removed from such factory immediately before 64 The CT-1 certificate will be valid for One year One year 3 23 A manufacturer received certain Rs.16000 3 inputs costing Rs 100000 and duty paid @ 16% and also availed cenvat credit.Part I RG23C.2500 Rs.What is . After some processing manufacturer sent these material to job worker but was not returned within 180 days.What is the amount of duty payable ? 53 For receipts stock and consumption RG23C.16000 Rs.16000 Rs.Part I 3 of Cenvatable Capital goods register to be maintained is 6 500 kg of inputs were received duty Rs. While on production line a fire broke out and 200 kg of inputs lying on shop floor were destroyed. These were issued to production. After some processing manufacturer sent these material to job worker but was not returned within 180 days.2500 3 paid on which was Rs 2500. goods to job worker but returned within 180 days. What is the amount of Cenvat Credit available ? 63 Registration Certificate shall be Supritendent Supritendent of 3 issued by the of Central Central excise excise Ques_ID Question Answer Correct Answer Marks Given 109 Annexure IV under Central Excise Account of Account of duty paid 3 Act is maintained for the duty paid inputs sent to the job inputs sent to workers the job workers 23 A manufacturer received certain Rs.

Basic excise duty is Rs 2400. the amount of duty payable ? 25 Depreciation can be claimed on Value of the Value of the fixed 3 that part of the fixed assets if fixed assets assets excluding duty CENVAT availed on exise duty paid excluding which represents duty 78 Job work challan is contained in Annexure II Annexure II 3 72 The selling price of a product 16% 16% 3 exclusive of all duty is Rs 15000. What is the assessable value ? Ques_ID Question Answer Correct Answer Marks Given 59 Export rebate can be obtained for Free Free convertible 3 export to Nepal if it is made in convertible foreign exchange foreign exchange 72 The selling price of a product 10% 16% 3 exclusive of all duty is Rs 15000. 94 Central excise department can Export to Export to Nepal and 3 grant exemption from duty if goods Nepal and Bhutan are exported under bond except Bhutan 59 Export rebate can be obtained for Free Free convertible 3 export to Nepal if it is made in convertible foreign exchange foreign exchange 1 Excisable goods manufactured and Such Such utilization 3 utilized as such for manufacture of utilization any other commodity is said to have been removed from such factory immediately before 124 An assessee sold goods to ABC Co. On that date the price of selling price of goods to on unrelated person was Rs 12000. 70 If the invoice is issued from the Available Available 3 premises of consignment agent Cenvat credit is 43 After allowing the goods for export Original and Original and 3 the custom officer will return Quintuplicate Quintuplicate ____copy of ARE 1 to the exporter 71 The selling price of a product 16% 16% 3 .12000 Rs. What is the rate of basic excise duty ? 27 Interest per day in case of delay in 1000 1000 3 payment of duty is Rs. Rs.12000 3 a related person for Rs 10000 on 21th May 2005. Basic excise duty is Rs 2400. What is the rate of basic excise duty ? 27 Interest per day in case of delay in 1000 1000 3 payment of duty is Rs.

Part I RG23C.16000 3 inputs costing Rs 100000 and duty paid @ 16% and also availed cenvat credit.Part II 3 Capital goods name of the register required is 109 Annexure IV under Central Excise Account of Account of duty paid 3 Act is maintained for the duty paid inputs sent to the job inputs sent to workers the job workers Ques_ID Question Answer Correct Answer Marks Given 59 Export rebate can be obtained for Free Free convertible 3 export to Nepal if it is made in convertible foreign exchange foreign exchange 6 500 kg of inputs were received duty Rs.2500 3 paid on which was Rs 2500.Part II RG23C. What is the rate of basic excise duty ? 52 Series of Invoice can be maintained Separately Separately 3 for export 1 Excisable goods manufactured and Such Such utilization 3 utilized as such for manufacture of utilization any other commodity is said to have been removed from such factory immediately before 50 For availing Cenvat Credit on RG23C.16000 Rs. While on production line a fire broke out and 200 kg of inputs lying on shop floor were destroyed.2500 Rs. including excise duty is Rs 11600.What is the amount of duty payable ? 7 ARE 1 under Central Excise Act is Removal of Removal of excisable 3 filed for excisable goods for export goods for export 50 For availing Cenvat Credit on RG23C. Basic excise duty is Rs 1600. What is the amount of Cenvat Credit available ? 23 A manufacturer received certain Rs. These were issued to production. After some processing manufacturer sent these material to job worker but was not returned within 180 days.Part II 3 Capital goods name of the register required is 70 If the invoice is issued from the Available Available 3 premises of consignment agent Cenvat credit is 64 The CT-1 certificate will be valid for One year One year 3 .

12000 3 a related person for Rs 10000 on 21th May 2005.2500 Rs. What is the assessable value ? 6 500 kg of inputs were received duty Rs. What is the amount of Cenvat Credit available ? 20 In case of Job work if the raw Raw Material Raw Material Supplier 3 .Part II RG23C. Rs.2500 3 paid on which was Rs 2500.Part II 3 Capital goods name of the register required is 27 Interest per day in case of delay in 1000 1000 3 payment of duty is Rs. The manufacturer sent these goods to job worker but returned within 180 days.78 Job work challan is contained in Annexure II Annexure II 3 51 Records maintained for excise 5 years 5 years 3 purpose must be preserved for a period of 2 After clearance of goods from 24hours 24hours 3 factory triplicate and quadruplicate copies of ARE 1 will be submitted to superintendent or inspector of central excise within Ques_ID Question Answer Correct Answer Marks Given 64 The CT-1 certificate will be valid for One year One year 3 109 Annexure IV under Central Excise Account of Account of duty paid 3 Act is maintained for the duty paid inputs sent to the job inputs sent to workers the job workers 84 Monthly return (ER1) is required to Quintuplicate Quintuplicate 3 be filed in 123 A manufacturer received certain Nil Nil 3 inputs costing Rs 500000 and paid duty @ 10% and availed cenvat credit. On that date the price of selling price of goods to on unrelated person was Rs 12000. 124 An assessee sold goods to ABC Co. What is the amount of duty payable ? 100 Application for removal of excisable ARE-1 ARE-1 3 goods for export is made in Form 50 For availing Cenvat Credit on RG23C. While on production line a fire broke out and 200 kg of inputs lying on shop floor were destroyed.12000 Rs. These were issued to production.

What is the amount of duty payable ? 25 Depreciation can be claimed on Value of the Value of the fixed 3 that part of the fixed assets if fixed assets assets excluding duty CENVAT availed on exise duty paid excluding which represents duty 59 Export rebate can be obtained for Free Free convertible 3 export to Nepal if it is made in convertible foreign exchange foreign exchange 2 After clearance of goods from 24hours 24hours 3 factory triplicate and quadruplicate copies of ARE 1 will be submitted to superintendent or inspector of central excise within 84 Monthly return (ER1) is required to Quintuplicate Quintuplicate 3 be filed in 24 At the time of export which copy of Original Original Duplicate and 3 ARE 1 form will be submitted to the Duplicate and Quintuplicate customs officer along with goods ? Quintuplicate 123 A manufacturer received certain Nil Nil 3 inputs costing Rs 500000 and paid duty @ 10% and availed cenvat credit. The manufacturer sent these goods to job worker but returned within 180 days.16000 3 inputs costing Rs 100000 and duty paid @ 16% and also availed cenvat credit.16000 Rs. material supplier undertakes to pay Supplier duty then who is required to get registered Ques_ID Question Answer Correct Answer Marks Given 20 In case of Job work if the raw Raw Material Raw Material Supplier 3 material supplier undertakes to pay Supplier duty then who is required to get registered 63 Registration Certificate shall be Supritendent Supritendent of 3 issued by the of Central Central excise excise 23 A manufacturer received certain Rs. After some processing manufacturer sent these material to job worker but was not returned within 180 days. What is the amount of duty payable ? 85 Merchant exporters before clearing Bond Bond 3 the goods without payment of duty are required to execute a .