GAURAV AMBANI’S COMMERCE ACADEMY

BAYRON BAZAR, NEAR HOLY CROSS SCHOOL, RAIPUR (C.G.) 492001 Contact No. 9907134386

B.COM 3RD YEAR 2023-24

IMPORTANT QUESTIONS
SUBJECT- INDIRECT TAX
UNIT – I

1 Write short note on following: -

(a) Custom Area
(b) Prohibited Goods
(c) Import Manifest
(d) Antidumping Duty
(e) Safeguard Duty
(f) Export Duty

2 Discuss the meaning, nature, and objectives of Custom Duty. Why are restriction imposed on import &
export under Custom Duty Act? OR Why are importation and exportation of certain goods prohibited?

3 What do you mean by Custom Duty. Explain various types of Custom Duty. Discuss the method of
Computation of various types of custom duty.

UNIT – II
4 Write Short note: -
(a) CENVAT Credit
(b) Public Drinking House/Bar
(c) Excisable Article
(d) Intoxicating Drug
(e) Taadi
(f) Beer & Beer Bottle.

5 Explain in brief the provisions of C.G. Excise Act relating to-

(a) Granting of license, Suspension and surrender of license.
(b) manufacture, possession, and sale of intoxicants.

UNIT – III
6 Discuss the constitution of GST Council and discuss its functions.
7 Write Short Notes:
(a) Actionable Claim
(b) Goods vs Services
(c) Dual GST System
(d) GST Common Portal
(e) GSTN
 (f) GST Suvidha Providers
(g) Compliance Rating
(h) Casual Taxable person
(i) Place of Supply
(j) Supply
8 What is E-Way bill? Who is responsible for its generation with necessary information where necessary.
9 Who is empowered to grant exemption from payment of GST? Under what circumstances such
exemption can be enforced?
UNIT – IV
10 Describe the procedure for GST Registration under GST Act. What are the benefits of getting
registration under GST.
11 What is E-Way bill? Who is responsible for its generation with necessary information where necessary.
UNIT-V
12 What is meant by Return? What are the various return and their due dates prescribed under GST Laws.

13 Who is required to furnish the details of outward taxable supply? What details are submitted in GSTR-1?

14 Write Short notes:

(a) Provisional Assessment
(b) Self-Assessment Tax
(c) GST Practitioner (GSTP)
(d) Input Tax Credit
(e) Reverse charge mechanism (RCM)
(f) Input Service Distributor.
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