200 rer Direct & Indirect Taxatton (T.Y.B.Com,) (Sem. — VI) (Paper — yy | I. MULTIPLE CHOICE QUESTIONS. CHAPTER ~ 1: INTRODUCTION ] 1. Central Taxes to be subsumed under GST i ude a) Central Excise Duty b) Service Tax ©) Central Sales Tax 4) both (a) and (b) 2, State Taxes to be subsumed under GST include __. a) State VAT ‘b)Contal Sates Tax ©) Entry Tax @)_allthe above 3. One of the principles adopted for subsuming the taxes was that the taxes of levies to be subsume should be primarily in the nature of __. 8) direct taxes b) indirect taxes ©) either (a) or &) 4) none ofthe above 4, The subsumation of taxes should result in free flow of ___ in intra and inter-state levels. a) tax credi 'b) goods and services c) revenue 4) both (a) and (b) 5. Chairperson ofthe GST council is__. 8) Union Minister of state in charge of revenue b) Union Finance Minister ©) One elected person amongst the state finance Minister's 4) Minister in charge of Finance or Taxation. 6 The Vice-chairman of the GST council i 8) Union Minister of state in charge of Revenue. b) - Union Finance Minister ©) One elected person amongst the State Finance Minister © * d)_ Minister in charge of Finance or Taxation 7. GST would be applicable on__of goods or services. 7 a) supply b) manufseture ©)__ consumption 6) produetion ‘ GST is based on the principle of __ based consumption. a). origin b) source ©) destination 4) production Central & excise duty shall be levied in addition to GST on _. a) petroleum products b) Alcohol products ©) tobacco and tobacco products 4) alcohol for human consumption 10. To ensure single interface all administrative control over of taxpayer having tumover below 1.5 crore would vest with Central Tax administration and over ___with the state tax administration. a) 90%, 10% b) 40%, 60% ©) 60%, 40% 4) 10%, 90% 1. isa tax that is shifted from one taxpayer to another. Direct Tax b) Indirect Tax ©) Entry Tax @ GST 12, Indirect Tax is a a) Regressive tax b) Progressive tax ©) Taxon tax @) Value added tax. 13, GST is chargedon____ of goods or services. ) Manufacture or provision b) Consumption | ©) Supply 4) Demand 14, GST is based on _consumption taxation. a) Supply based b) Origin based ©) Production based 4) Destination based 15, In area inside the sea between 12 nautical miles to 200 nautical miles, __will be payable. a) CGST ») sGsT ©) IGST 4) both) and (b)re 201 e d person amongs jnister in charge of Finan, * the Sta . est the ter in charge of Finance 5 single interface all e would vest with Sand tHPAVET having tumnove below and over with the state Tax es that ee be subsumed into Gg fe excise = 2 Central sales tax Pure into GST incude SS Coal ee pein _ th (a) and (by fans (14), 2-4), 3), 4-9), 5 og et, 9403-9), (14-8), 05-9, 05-07 O08, ee oe R-2:LEVY AND COLLECTION OF TAX, T i Goods and Service Tax means tax levied ‘under the IG! ervices in the course of ___ trade or commerce. b) Inter-state international 10% 90% IST Act on the supply of any goods and b) production 4) cither (&) or (¢) is levied on inter-state supplies of goods or services or both. b) sGst €)_ both (a) and (b) is levied on i lies except supply of _. ton ae pin cant yo 4) alcoholic liquor for human consumption — ‘Tariff Act, 1975. ee pervert of goods 4) none of the above : ne are goods impored into India shall be levied on the value determined under the “Value Added Ta Act, 2002 Integrated Goods and Services Tax Act, a Central Goods and Services Tax Act, 2017 ‘None of the above the point when duties of _are levied on the i shall be levied atthe pe integrated tax on import df goods st nd, REO yy tists Ue 4d). Service Tax202 ren Direct & Indirect Taxation (T.¥.B.Com.) (Sem. ~ V1) (Paper — 1) 8. IGST shall be levied on___with effect from the date notified by the Government. 8) alcoholic liquor for huinan consumption b) petroleum products ©) natural gas motor spirit : 9, Tax on supplies of taxable goods / services by aneunregstered person to a registered person, is to be paid by the registered person on 2) proportionate basis ) reimbursement basis ©) reverse charge basis, ) partial charge basis, | 10, The Government, if tis necessary to do so in public interest, may grant _ exemption, a) General b) Special ©) Adhoe 4) Any of the above 11, Person _goods or services or both shall not collect the tax in exeess of the effective rate, 8) supplying exempted ) exporting ©) importing 4) anyof the above (Ans. (1b), 2a), (3-0), 4d), (5-6), (6-d), (7-b), (B-b),@—©) (10-4), (1 —2)} CHAPTER - 3: CONCEPT OF SUPPLY =| 1, Supplier means person supplying. 2) Goods b) Services ©) Both (a) and (b) together 4) (@)or(b) or both 2. Supplier person acting as an agent. a) Includes b) Excludes ©) Means 4) None of above Goods supplied or services rendered by are treated as goods/services supplied by__ a) Agent, principal ) Principal, agent ©) Employer, employee 4) Employee, employer 4, Mls, ABC Ltd. sub-contractor the contract of AMC for computers to M/s. PQR for client M/s. XYZ. In this case, services provided by M/s. PQR 8) Will be treated as services rendered by M/s. POR ') Will be treated as services rendered by M/s. ABC ©) Either (a) or (b), depending the contract 4) Will be treated as services rendered by both partially. 5. Services rendered by agent on behalf of principal are treated as rendered by 2) Agent ') Either agent or principal ©) Principal @) None of the above 6 is the person liable to pay the consideration 8) Recipient of supply of goods b) Recipient of supply of services ‘ ©) Recipient of invoice for supply of goods / services 4). Recipient of either (2) or (6) 7. Recipient of supply of goods or services or both means__. ) Person liable to pay consideration b) Person to whom goods are delivered ©) Person to whom service is rendered 4) | Allof the above 8. Where supply is made from place of business for which registration is obtained, locetion of supplier of services is. 8) Location of place of business b) Location of fixed establishment ©) Location of establishment most directly concerned 4) Location of usual place of residence of supplier 9. Where supply is made from place other than place of business, location of supplier of serves is__- a) Location of place of business ) Location of fixed establishment ©) Location of establishment most directly concerned 4) Location of usual place of residence of supplier 10. Where supply is made from more than one establishment, 8) Location of place of business ') Location of fixed establishment location of supplier of services is. ‘tions ye 000 (peation of establishment most wag m3 4 vaio fl asf Tide gh one spsence OF » location of supp pa we pines place Pref servis ia Duce of resid 5) th) and) D Fheed establishment Peet where suppl received at registered Dlace ofp Hither (a) or (b) 1M Location of pace of business business location of tel i elpient of service py ecation of fixed establishment viens la Location of establishment mo: 4) Location of usual place of res Aynere Supply iS Teceived at pla st directly concerned, idence of recipient, ce of os ther than place of business, location of recipient of services is F Location of place of business 1) Location of fixed establishment ¢) Location of establishment most directly concerned 8), Location of usual place of residence of cipent 14 Where supply i received at place other than busines or servoesis___. 2) Location of place is business +b) Location of fixed establishment ) Location of establishment mos ie ist directly concerned 4) Location of usual place of residence of recipient 1s, Inabsence of ie » location of recipient of services is location of usual place of residence of recipient. ) Business establishment b) Fixed establishment 6) Either (a) or (6) 4) Both (a) and (b) 16, Place of business includes a) Warehouse ‘b) Godown ) Any place whete taxable person stores his goods 4) Allthe three 7, Place of business includes 8) Place where ordinary business is caried out b) Place where books of accounts are maintained 6). Place where person is engaged in business through agent 4) Allofthe above I, means place other than registered place of business. : 3 Business establishment b) Fined establishment ©) Branch d) Either (a) or (b) Fixed establishment should have _- ’) Permanent nature of arrangement and location fi) Sufficient human and technical resourees iii) Adequate number of staff iv) Temporary presence of staff ®) only) andi) * >) only (iii) © @,Giand ® all), Gi), Gi) & Gv) 2. Interstate supplies means location o a) Two different states 4, ©) A state and a union territory |. Supply of goods imported into terri Frontiers of India 9) Intrastate supplies ©) Import supplies fixed establishment, location of recipient of 1, super and lace of soppy ae in ihe 0 2 different union territories: @) Allofthe above tory of India, shall be treated as til they eross custom 'b) _ Inter-state supplies 4) Exempt supplies20 we Direct & Indirect Taxation (T:¥.B.Com.) (Sem. ~ VD) (Paper iy 22, M/s. ABC of Gujarat supplies goods to M/s, XYZ of Delhi, this will classify 08 _+ 1) Intra state supply b) Export supply ©) Inter state supply @) Deemed supply 23, Mr. Abhijeet of Pune provides services to Mr, Raj of Surat, this will classify a8 _- Intra state supply 6) Inter state supply ©) Exempt services ) None of the nbove 24, Supply of services imported into the territory of India are treated as_. a) Inter state supply b) Intra sate supply ©) Exempt supplies 4) International supplies 25. When supplier is located in India and place of supply is outside India, itis treated as_. a) Export supply b) Import supply ©) Inter-state supply 4) Exempt supply 26. Supply of goods / services to___is treated as inter-state supply. 8) Government b) SEZ unit ©) SEZ developer 4) Both (b) and (c) 27. Where location of supplier and place of supply are same, itis treated as_. ) Intrastate supply b) _Inter-state supply ©) Domestic supply 4) either (@) or () 28. Following are not treated as Intra-state supply i) Supply to SEZ. developer or SEZ unit, { 4) Goods imported into India tll they cross custom frontiers of India. i) Supplies made to tourists. iv) Supplies within same union teritories. a) only (iv) b) - all, (id, ( ©) _omly (i) and (ily ® @.(iand 29. Intra state supply does not include __. a) Supply of services to SEZ developer or SEZ unit b) Supply of services by SEZ developer or SEZ unit ©) both (a) and (b) 4) None of the above 30. When supply __movement of goods, place of supply of goods is determined by location of goods at the time when movement of goods terminates for delivery to recipient. a) involves b) does not involve ©) either (a) or (b) None of the above 31. When the supplier delivers goods to recipient or any person on direction of third person, place of supply ‘of such goods will be principal place of business of. a) supplier ) recipient ©) 3" person @) None 32. Where supply of goods does not involve moveinent of goods, place of supply will be location of such goods atthe time of, a) removal from factory of supplier b) delivery to recipient ©) either (a) or (b) 4) completion of work on such goods 98. Where goods are assembled or installed at site, place of supply isthe place where they are. 8) sold b) stored ©) installed 4) _allofthe above 34 Where goods are supplied on board a conveyance, place of supply goods is thé place where ) conveyance commences b) conveyance ends ©) goods are taken on board 4) None of the above 35. _—___means bringing goods into India from a place ouside lad, 8) Intra-state supply b) _ Inter-state supply ©) Import of goods 4) Import of services 36. Tans taking goods out of India to a place outside India, a) te suppl 3 eeemes b) Interstate supply 4) Export of goodsaye neon & 4, on 5, piace of supply when goods are i geo 5 Location of importer ported into Indin ig 6), Location of supplier b) Location ouside ¢ India place of supply when goods are 4) None of the above A Location exporter *PO*E! from inca is Mo tbora Location of receiver » ‘when supply of services is made to a repi 4) None of the abo. 4 . Tegis We 2). supplier of service istered nas Place of supply is location of, 9, either ® 7 (b), as the case may be 3 ecient of service en supply of services lone of the Tecpient ifaddres igen eet MHS m0 reitec,plo i 0 Sis available Paiste lace of supply is location of _. ) Supplier, 7 any other case 7 pli, ifaddress is available Services provided in relation to immov. either (a) or (¢) rable A i eee oe place of supply is the location wher innovtle eter Pe eee 8) loca is 5 either (a) or (b) Hy intended to be located Where location of immovable proy None ofthe above erie Property is located or intended to be located outside India, place of a) Outside India : . ) Location of recipient x Meee ‘Where immovable is i oe Property is located in more than one state or union territory, supply of service will be treated asmade in. a) state with highest proportion of service supplied, b) each state / union territory proportionate to the value of services separately collected. o)state/ union territory as per the contract / agreement. 4) either (b) or (c) For services such as Restaurant and catering, personal grooming, fitness, beauty treatment, health services etc. place of supply is the location. a) of recipient ’b) Where service is actually performed ©) of supplier 4) of registered person Where services in relation to training and performance appraisal to a registered person are provided, place of supply is a) location of such registered person b) location of supplier d) none of the above ¢) location where training is provided .ce appraisal are provided to an’ unregistered person, Where services in relation to training & performan place of supply is 2) Location of such registered person b) Location of supplier ©) Location where service is actually performed 4) none of the above a : Place of supply for services by way of admission toeventsis___- : 4) place where event is actually held 7 ant aa ‘and 2 bee fodneangs fe ary to organization of any of the events or services or petaiaser coeceonip 0 sucl istered person, place of supply if event is held ees b) location of recipient 7 place where event is held 8 ne ofthe above eee ot es provided to a registered person is 7 re nett Location fect ided d) None of above ©) Location where service is PUTT vices to ____is location at which the goods are handed over f services ancill Jn events to an unre; jortation service Place of supply of goods transP¢ Feat tanaporiatin: b) unregistered person 8) registered person i) either (@) or) ©) both (a) and (b)206 51. 52, 53, 54, 55. 56. 37. 58. 59. 60. 61. 2. 4) Location of recipient b) Location of transporter ©) Location of the destination d) Location where journey starts ‘The return journey shall be treated as a separate journey 4) Ifthe right to passage for onward and return journey i b) Ifthe right to passage for outward and return journey is issued separately. ©) Irrespective of whether the right to passage for outward and return journey is issued at same tone o not. ) None of the above, —— Means a place where a passenger can disembark to transfer to another conveyance. a) Transfer Journey b) Change over ©) Stopover 4) Anyofthe above, Following conditions need to be satisfied for a journey to classify as continuous journey : 4) Single / more than one ticket / invoice is issued at same time. {i) Invoice is issued by a single supplier or agent acting on behalf of more than one supplier. iii) It involves no stopover between any legs of the journey. a) @and Gi) b) Wand Gi ©) Givand Gi 4) @,Gi), Gi) ‘Stopover means a place where a passenger can disembark t0_- a) Transfer to another conveyance b) Break his journey to resume it ta later time ©) Terminate his journey Either (a) or () For services provided on board a conveyance, place of supply of services will be ) Location of first scheduled point of departure of that conveyance for the journey. ) Location of recipient. ©) Location where the services are taken on board. 4) Location of supplier. For telecommunication services, place of supply is. a) Location where telecommunication line is installed for receipt of services. b) Location of recipient for registered persons. ©) Location of supplier in any other case. 4) Either () or (&) In case of Mobile connection for telecommunication and internet services provided on post-paid basis, location of __ becomes the place of supply. 8) Billing address of recipient as per PAN. b) Billing address of recipient as per government records. ©) Billing address of recipient as per records of supplier. ¢)_ Billing address of supplier. In-case services of mobile connection are provided on pre-paid basis, the location ___becomes place of supply. a) Ofsselling agent /re-seller b) Where pre-payment is received ©) Location of recipient: ) Any of the above, as the case may be For banking and financial services, place of supply is__. a) Location of recipient in records of supplier ) Location of supplier ©) Location of Head Office 4) Either (a) and ifa) is not available then (b) Ifinsurance services are provided to___then place of supply is location of such person. a) Registered person b) Unregistered person ©) Government ) Either (e) or (c) For Advertisement services provided to___, place of supply shall be taken as being in each of sve states / union territories a) Central Government b) State Government ©) A statutory body 4) Allofthe abovea. 10. 1. se guestion jsions of section 13, 7 We ee pient “reapplied when location of 4 ver i Is Either (a) or (b) Seem place of supply of services where location of ©) Bath (and () it dont 'on of supplier or default section for its determinatio inpllet oF location Location of recipient wo W of revipient is outside India as por the ) Bither (a) or(b) » Loettion of supplar fanart tii ly available portant, placé of supply is {Location where goods are kept at thet b)- Location where service is actualy oi « of supply c) Location of recipient ae 4) Location of supplier Where services relating to phy ne Naomi MEST, pace af oe a Vasily of goods ar provided fem remote aca by way of a) Location where goods are kept at the ti ®)Lostion wher series acta reas ee ) Location of recipient Location of supplier Where supply of service requires physi , Location where ata . ps apa seme of the recipient, place of supply is__. b) Location of recipient . c) Location of supplier d) Location outside India Far srvioes supplied ay way of admission to an event, the place of supply if supplier / recipient is 2) Location of supplier / recipient who is in India, b) Location outside India, ©) Location where the event is actually held. 4) Location of the supplier. In case of , provided at more than one location, including a location in taxable territory, where cither the supplier or the receiver is outside India, the place of supply is the location of taxable territory. a) Performance based services b) Services relating to immovable property ¢) Services relating to events d) Allofthe above Where services rélating to events are supplied in more than one State or Union territory, place of supply will be. . 8) In proportion to the value of service provided in each State or Union Terstory. b) The State / Union Territory where highest proportion of service is provided. ©) Mutually decided among receiver and supplier. 4) Location of taxable territory. : Inne of specified services such as services provided by banking company Financial istiutions 1 ‘Nom-banking financial company to its account holders, the place of supply willl be 8) Location of the receiver of services. 'b) Location of the supplier of services. : ©) Location of head office of the supplier of services. 4) None ofthe above, ofthe above. 5 _4y, (4b), ~ ch =a), (7~ a), B- 2 @-W, GO- 9. UL - 9 te uae 5. {12 i), 06a), (17 -, (1B ~), (19 ~€) @20—, QL W) G2 — ch @3~b), GI ~o) G2 -b). G3 - 0) G40) GE ©), (36 ~ 4), 37 ~a), (38 b), (39 -b), (40 ~ 4), Carn) Gan — ey By (44 ~ Bh 5 ~ 2) (4S — 2) (479, GS-8 OD G0-), 61-2), (2-0), 63 0), 64-9), 65 ~ 0. 66-9). G7 a), (58 ~c), (59 ~d), (60 ~ d), (61 ~ a), (62-4), (=), (64 =a), (65 B), (66-2) (67-2), (6B) (69d) (70-2), (71 -b)]Direct & Indirect Taxation (1:¥.2.Com) (Sem. ~ VD (Paper ~ I) 8) dispatch of goods 'b) removal of goods ©) time of supply 4) delivery of goods Under reverse charge, the liability to pay tax on supply of goods and / or services is on 8) recipient of supply b) —_supplior of supply ©). (aor (O) who is India 4) both, 50% each or only 3. Whenan invoice is not issued within preseribed period, time of supply shall be__- 8) date of provision of service b) date of receipt of payment ©) (a) or (), whichever is later 4) (@)or(b) whichever is earlier 4. Mr. Amay supplied goods to Mr, Tanay on 15-6-2018, He raised an invoice on 10-7-2018 and received the payment on 15-7-2018, The rate of tax on these goods was changed from 15% to 18% on 1-7-2018. The time of supply will be. a) 10-7-2018, b) 15-7-2018 ©) 1-7-2018, dé) 15-6-2018 5. In example (4) above, if the invoice is raised on 30-6-2018, everything else remaining same, the time of supply will be a) 10-7-2018 b) 15-7-2018 ©) 30-6-2018 4d) 15-6-2018 6. Inexample (4) above, the tax rate levied will be___. a) 15% b) 18% ©) 3% 33% 7. Inexample (5) above, the tax rate levied will be 2) 33% b) 3% ©) 18% 15% 8. Ms. Pooja supplied services to Ms. Smita on 5-7-2018. She raised an invoice on 206-2018 and received the amount on 10-7-2018. The tax rate for these services was changed from 15% to 28% on 1-7-2018. The time of supply will be___and tax a rate levied will be a) 20-6-2018, 28% b) 1-7-2018, 28% b) 20-6-2018, 15% 6) 10-7-2018, 15% 9. In example (8) above, if invoice is raised on 10-7-2018 and amount is received on 20-6-2018, everything else being same, time of supply will be__and tax rate levied will be a) 20-6-2018, 28% b) 10-7-2018, 15% ©) 20-6-2018, 15% ©) 10-7-2018, 28% 10. Ms. Amrita issued an invoice to Ms. Ankita on 5-7-2018 for services rendered on 15-7-2018, ‘Ms. Ankita paid this amount on 7-7-2018. The rate of tax was changed on 107-2018. The time of supply shall be a) 5-7-2018 b) 7-7-2018 ©) 107-2018 a) 15-7-2018 Ans. : (1c), (2-a), 3 -d), (4a), (5—¢), (6—b), (7-4), (8b), (9d), (10 -a)] Value of Supply 1. ___ of supply is the amount upon which tax is levied and collected. a) value b) cost ©) tumover 4d) Gross value 2. Considerat in relation to supply of goods or services or both excludes___. a) subsidy given by Central Government b) subsidy given by State Government ©) Deposit unless appropriated by supplier 4) all of the above 3. Transaction value of supply excludes a) Taxes, Duties, Cesses b) ; incidental charges ©) subsidies linked to price 4 none of the aboveOY ere the value of a supply of a's's' 209 4 pole 30 states, the vate shalt heen © Services oF bo i ‘ th is not determi rules, wision of such services —— 0081 of product leterminable by any preceding i rot of ses, Production / manufacture / acquisition of such goods or ©) equal to » 110% of For 8 cUTENY When exchanged fo ®) 90% oF ‘ 7 Buying/Selling ees oto Inn Re, ©) Total no, or, " the value of h ual t0 Ca sexchanore Stal no, units of eurene, Of supply shall be 4 DS ee >) Previous day closing rate 4 Insasee wee RBI Reforene rte fora cuneney tee 3) Oo the goss vahe attmnseeg mY HOLA the vale sll be 4) loot the gross amount of Indian Rp ¢) 041% of the gross amount of tndian Ferns 8) Mot the gross amount of Indian Rupees 4, Mr Alay exchatiged 100 § to 150, value of supply will be, 9) 60/- : 9) C600 3. tsa 4, The value of supply of services in re ing tickets f p Si sgnshllbe deemelto he namo aac ne SA ete a oie by an ite 8) @ 5% of the basic fare in case of do mestic bookin 8) @ 10% ofthe basic fae incase of domestic bookings ©) @ 5% of the basic fare incase of international bookings. 4) @10% of the basic fare: Ashok booked a ticket for Dethi from Ajay, an air travel agent at basic fare of € 10,000/-. Ashok also Qn \ booked a ticket for Dubai at basic fare of € 20,000/- from Aman, another air travel agent. The deemed value of supply for Ajay and Aman will be a) &5,000/-, Nil ‘The RBI Reference Rate for $ was €60/— and for £ was &50/+. The b) Nil, @500/- . ©) €500/-,% 2,000/-— dd) %500/-,% 1,000 oi 10, Incase of single premium annuity policies, the value of supply of services in relation to life insurance business, shall be. 8) 25% ofthe single premium charged _b)_15% ofthe single premium charged ©) 10% ofthe single premium charged d)_12.5% ofthe single premium charged Il. Mr Bean was appointed to supervise the procedure of IPO issue of company ABC Ltd. For this, Mr. Bean paid a sum of & 2,500/- to Registrar of companies on behalf of company ABC Ltd. Hence, this 2,500/— paid by company ABC Ltd. to Mr. bean, Wi 8) not form part of value of supply of Mr. Bean form part of value of supply of Mr. Bean ¢) form part of value of supply, if charged in Bil 4) be included in the value of supply of actual value [Ans : (12), 2d), 0a) (4b) eh (6-B), (7a), (Ba), 8-0), (10-6), (11 ~a)] [GHAPTER —4; INPUT TAX CREDIT 1. Aggregate Turnover means aggregate value of. i) ») WG, id sine? cane 4 ver les ee oir fied ©) eae . d) both (b) and (c) 3. Bxempt supply of any goods or services or both a rate of tax. 9) lind either (8) or (6) 4 ® . includes non-exable suppl aM N b) Exempt supply 3) Aggregate Turnover Been st \ ©) Inward supply210 5. 10, i. 12. 13, rer Direct & Indivect Taxation (1:¥.B.Com.) (Sem. ~ VI) (Paper ~ Ny Input tax does not include 3 {GST on impor of pods b) ost and Urast ©) Tax paid under composition lev r 3¢4 Sie 4) Tax payable section 9(3) andl 9¢4) a) cess ) input tax credit ©) composition levy 4) tax payable on reverse charge basis IF the payment to the supplier of goods of services is not made within from the date of issue of invocie, the input tax credit on such goods or services cannot be availed 8) months b) 180 days ©) 48 days 4) 30days A registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services or both after__. 8) 20" October of the next financial year. _b) 31% December of the next financial year ©) (2) or(b), whichever is earlier 4) (a) or (b) whichever is later Input tax credit on Motor vehicles can be climed only if they are used for supplying services of _. 8) transportation of passengers )_ transportation of goods ©) imparting training on dri @) allthe above A person who has been granted registration under GST Act, is entitled to take credit of input tax in respect of __ from the day immediately preceeding the date from which he becomes liable to pay ) inputs held-in stock ») inputs contained in semi-finished goods held-in stock ©) inputs contained in finished goods held in stock @) all the above Inputs seat for job work not received back by the pris ‘deemed to be supplied by the principal tothe job workers. i of being sent out shall be ) year b) 3 years ©) 6 months a) 180 days Capital goods sent for jab work not received back by the principal within ___of being sent out shall ‘be deemed to be supplied by the principal to the job worker. a) 3 years b) 1 years ©) Gmonths €) 180 days ‘The Input service distributor shall distribute the credit of ___ as central tax or integrated tax. a) central tax b) state ©) integrated tx 4) both (a) and (c) [Ans. (1 —a), (2-4), 3 —a), (4 -b), (5 -c), (6d), (7 ~ b), (8 ~c), (9d), (10—d), (11 a), (12-2), (3-a)) [CHAPTER - 5 : PAYMENT OF GST. ‘The Government may mandate ___to deduct tax at souree. a) department / establishment of the Central Government 'b) department / establishment ofthe State Government ©) local authority 4) any of te above ‘The deductor has to deduct tax @ from the payment made or credited to the supplier of taxable ‘goods or services or both. a) 1% b) 2% ©) 10% d 5% ‘The deductor has to deduct tax from deductee where the total value of supply under a contract exceeds a) 100,000 b) 10 Lakhs ©) %2,50,000 ) % 50,000 TDS is to be deducted in € 1,00,000, : lier: Place of Supply Recipient in Case A Maharashtra ‘Gujarat Rajasthan i Case B Maharashtra Maharashtra Maharashtra ifi B 4, 1s, Questions “case C Maharashtra ao =. Gu Maharashtra Gujarat ee Rajosttan Maharashtra Maharashtra Ficus A,B, C.D Gujarat Rajasth c b) Case A, B, He Se Svc crangle, 1g 8) cap Jnebove example, TDS will not be deducteg in) perma leducted in x 2, Ceaclearrenenet 8) caeD OF e amount deducted as tax shall be pa inwhich deducted, P° Ald '0 the Government within days ater the end of the 7 2 a » 15 TDS certificate is tobe issued by deductorin fox” a) GSTRIA ») OSTA G pone 3 ime TDS cerificnte in Form GSTR-7A isto be issued witin, 2) 5 days of crediting the amount to the Governmen ° 4) 7 days of crediting the amount to the Government 6) 5 days of crediting the amount tothe supplier 4) 7 days of crediting the amount to the supple, Mis ABC credited the amount of * 10,000 deducted : | 104 as TDS to the Goverment on 10/01/2018. Mis ABC issued the certificate ofthis emount on 30/03/2018. The amount of late fees payable willbe a) 7,900 b) %5,000 9) © 7,400 4) 712,900 ‘The TDS deductor can obtain registration under GST without requiring ___. a) TAN b) Aadhar Card &) PAN 4) cither (8) or () ‘Tax deductor / collector has to submit application for grant of registration in Form. a) GST REG-07 b) GSTREG-05 ¢) GST REG-08 4) GSTREG-09 Registration certificate is issued to Tax deductor / collector in Form within 3 working days from the date of submission of the application. 8) GSTREG-07 b) GST REG-06 ©) GSTREG-08 ) GSTREG-09 Every registered person required to deduct tax at source shall furnish areturn in Form ___- a) GSTR-1 b) GSTR-s : ©) GSTR-9 ) GSTR-7 The details furnished by deductor U/r 66(1) shall be made available to each suppliers ia _and. a) Part C of GSTRIA, Part B of GSTR-4A b) Part C of GSTR2, Part B of GSTR-4 ©) PartC of GSTR2A, GSTR 4A P R2, GSTR4 Pa sc ae ade xsl fish Amal Retin fr PY. 217-180 or bere a) 318t December, 2018 ~ b) 31% December, 2019 q 2019 9) 318 December, 2017 by 318*March, ; eat Renn ol ‘be accompanied by _ and_ ifthe accounts are required to be audited, 8) Balance shect, Profit and Loss Ale. >) Audited annual accounts, Tax Al Reve ©) Aueited annual accounts, GST Report 4) Audited annual accounts, Reconciliation statementme rae Direct & Indirect Taxation (T.¥.B.Com) (Sem. — V1) (Paper ~ Ity AX COLDECTION ATSOURCE! 7) 2 : — ‘means the supply of goods or services or both including digital products over digital or electroni network, 8) Electronic commerce » Bloons commer epar Digital commerce d) Digital commerce oper: 18. ene ‘any person who owns, operates or manages digital or electronic facility or plat form for electronic commerce. a) Electronic commerce supplier ») ere ) Digital commerce suppli 4) Digital commerce mac Se a ge El sm representing such e-commerce operator for any purpose in the taxable territory shall be liable to pay a) Fixed place of business 'b) Place of business residence ©) Physical presence 4) Registration 20." An e-commerce operator neither having physical presence in the taxable territory not a representative in the said territory, shall a) not supply goods and/or services in that taxable territory. 'b) not be liable for collecting and paying taxes on supply in such taxable territory. ©) ask the recipient to pay taxes on his behalf. a @) appoint a person in the taxable territory for the purpose of paying taxes. 21. The option to appoint ‘any person in the taxable territory in absence of representative and / or physical Presence of e-commerce operator, is allowed in respect of supply of. 8) Goods b) Services ©) both (a) and (b) 4) None of the above j 22. Every electronic commerce operator shall collect an amount @ 1% of the net value of taxable supplies made through it by other suppliers where the consideration of supplies is to be collected by the. . a) E-commerce operator ) Supplier ©) any of the above 4) Agent of the supplier 2. shall mean aggregate value of taxable supplies made by all registered persons through operator reduced by the aggregate value of taxable supplies retumed to the suppliers, 8) Aggregate value of taxable supplies b) Gross value of taxable supplies ©) Net value of taxable supplies @) Value of taxable supplies, 24. The amount of tax collected is to be paid to the Govemment within days after the end of the month in which tax is collected, ; a) s 7 2) 10 @ 15 25. Every operator who collects the amount of tax has to furnish the details of the same within after the end of the month. oa a) 1S days b) I month ©) 20days ) 10 days 26. Every operator who collects the amount of tax U/s $2(1) shall furnish before 31% December following the end of Financia? Year. a) Reconciliation statement b) Annual statement ©) Undertaking @) Declaration 7 At operator can retfy any omission or incorect particulars in furnishing the statement is 52(4) ‘Subject to payment of a) Taxes b) Interest c) Penalty d) Late fee for the month of August, 2017 on 07/09/2017, Also, his ed in the mouth of October, 2018. Any rectification of mistake ig the 017 will not be allowed after. b) September, 2017 4) October, 2018 , 2018, the answer will be b) September, 2017 4) July, 2018 ‘statement filed on 07/09/2¢ 2) August, 2018 ‘September, 2018 ? IilGove case, if annus ) August, 2018, £).-,September, 2018 al statement is filed in JulyQuestions ‘he details of supplies fumisheg rrr 23 ot furnished by the “very operator sh i ose cae ‘Concerned supplier Nal be matched with the corresponding details of ‘Supplies 9 Tnvvard supplies ere the details of outward suppii both (a) and (b) 3 Rishd by the concemed 9 pees frisheg Ma by ; os supplier the Siscrepane all eo match with the corresponding details 1) by supplier to operator nnicated +) by operator to supplier ¢) 10 operator or supplier 4) tooperator and supplier jp, Incase an operator fils to fur ish the info ti 15 days ee of service, he will be Tabletopay ean by be Notice served to him U/s 52(2) within al imum. 3 7 000 ») & 10,000 _ 2 i "needs to compulsorily get regis Sabon — Tepistered a) E-commerce operator ee ) Supplier supplying goods or services throu 2) both (a) and @) igh an operator, 4) none of the above Person required to collect tax at source ha js YS) Arlen forgrantorepnaian tin Fom OST REG 4) Application for cancellation of registration ©) Application for amendment of registration 4) details of tax collected 45, The proper officer issues form GST REG-06 for 4) discrepancy in furnishing of return ae ) grant of registration 6) cancellation of registration 4) amendment in registration 36, The proper officer issues Form GST-08 for__ a) discrepancy in furnishing of return ¥) grant of registration 6) cancellation of registration amendment in registration 31. Every electronic commerce operator required io collet tax at source has to furnish a statement inform 3 Gsrra ¥) GsTRS °) GSTR-7 d) GSTR-8 38, Details furnished by operator are made available to suppliers in their Form _. a) GSTR4A b) GSTR8A ©) GSTR2A d) GSTR4 ERROR 38. very deposit made towards ta, interest, penalty, fee oF yates anus sta becreditedto___. fe een &) Benwovi ecu Ledger ©) Electronic Liability Register ea i rvetums filed by registered person shall be credited to. 2c a ned eee nic. it ledger, ©) Electronic liability register d eae Lat ‘l. The amount available in the electronic cash ceo for payment of__- a 9 Toss @) Allthe above Ee) ccte -r can be utilized for payment of 2, stronic credit ledger a The amount available nthe Ele a Onan hiro ©) cessa | 24 res 43, The sequence for utilization of amount of in a) CGST, SGST, UTGST and IGsT b) CGST, UTGST, SGST and IGST ©) IGST,CGST, SGST and UTGST @ IGST, SGST, CGST and UTGST 44, Input Tax credit of CGST ean be utilized towar Direct & Indirect Taxation (T.¥.B.Com) (Sem. ~ VP) (Paper — I) iput tax credit available in Electronic credit ledger is_. rds payment of _ a) COST and SGsT b) CGST and UTGST ©) CGST and 1GST @) CGST only 45, Input Tax credit of SGST can'be utilized towards payment of ___. a) SGSTand CGST b) SGST and IGST ©) SGST and UTGST & SGST only 46. Input Tax credit of ____cannot be utilized for making payment of CGST. a) SGST ») UTGST © IGsT 4) both (a) and (b) 47. All isbilites of a taxable person are recorded and maintained in a) Electronic cash ledger b) Electronic credit ledger c) Electronic liability register d) Electronic account ledger 48. The balance is may be refunded a) Electronic cash ledger 'b) Electronic credit ledger ©) both (a) or (b) 4) none of the above 49. Interest @ is payable on delayed payment of taxes. a) 18% b) 15% c) 28% d) 24% 50. Interest @ __is payable in case of eicess claim of credit / excess reduction of output tax iailty a) 18% b) 15% ) 28% 8 24% 51, The Electronic liability Register shall be maintained in form _, a) GST PMT-01 b) GST PMT-0S p ©) GSTPMT-02 @ GSTPMT-04 52. The electronic liability Register shall be debited by the amount payable towards tax, interest, late fee or any other amount payable determined _. a) as per the return furnished b) by proper officer ©) both (a) and (6) 4) none of the ebove 53. Payment of every liability by a registered person shall be made by debiting___- 8) Electronic credit ledger ) Electronic cash ledger ©) Electronic liability register both (a) or (b) 54, Payment of every lability by a registered person shall be made by___- a) Crediting electronic credit ledger b) Crediting electronic cash ledger ©) Crediting electronic liability register 4) Debiting electronic liability register 55. Any discrepancy in Electronic liability Register shall be communicated to jurisdictional officer through form 2) GSTPMT-O1 b) GSTPMT-05 ©) GSTPMT-02 4) GSTPMT-04 56. The Electronic credit ledger shall be maintained in form __. a) GSTPMT-01 b) GST PMT-02 ©) GSTPMT-03 4) GSTPMT-04 57. The electronic credit ledger shall be __ to the extent of discharge of any liability. 8) Increased b) Debited ©) Credited 4) Decreased 58. The Electronic cash ledger shall be maintained in form. a) GSTPMT-O1 b) GSTPMT-02 ©) GSTPMT-04 4) GST PMT-05er the counter wera" 9 4) %10,000 moment rough wath : we rized banks is restricted . gg Aslan generated in form 3 ee ee ne: ora —— is required for mange co Al For making the pays sana * Iyment of taxes, pent, interest oF any ‘The challan generated i Nr . generated in for "0 a form OS PMT OG ya CONE : 38 E es fg, CPINstands for 3 ee a) Common PAN Taentit oe )Challan paid lentfcation Nee €) Ganon Por eaten Number é h lan Portal Identification Nur na CPINisa___ digit unique number a) 15 ; en b) 14 4. Aunique identification nombe ed oe t shall be 2) debit or credit tothe electronic cashor ered ledegg een oat iger eatin b)_ debit to electronic cash led Paes cash edger ‘and credit to electronic eredit ledger 4 debit or eredit to electronic ab ee {8 The unique ‘dentifcation number rite e identifi retin corresponding entry in - iting to discharge of any liability shall be indicated in the a) Electronic liability register ¢) Electronic credit ledger Docent \ 66. A unique identification number shall be oe i Debit in electronic lit be _generated at the common portal for each 7 b) Credit in electronic lie ©) Debit / credit in electronic labilit ter ® none of the above oe (Ans. (1-4), (2a), (3 —¢), (4-b), (5—c), (6- = (3a ese nee ae loner aso. oe 8 26-0), 27 -b), G89, 9-4), CO—a), G1 Fe as aetna OFT, Go— 0. G7 9 G8 — 9 69-2) 40—B), 1 ~ 8 2 ree ear asO. Ged), 7 ~ 0, (48—0), 492), (0~d), (O13), ep Ga anes a Saab eo BF 9a) 60-1) 1 9) (2-2 (68D (04-9, 65-6) oo (HAPTER — 6; REGISTRATION UNDER GST LAW T, A person is liable to be registered under GST LAW where his aggregate turnover exceeds _» a) 40 lakhs by) €20 lakhs — ©) Either (a) or (b) as the case may be a) €13 lakhs 2. Aggregate Turnover includes a) Exempt supplies b) Inward supplies ©) Either (a) or (0) a) Both (a) & ©) 3. Aggregate Timover includes —— a) Taxable supplies by Interstate supplies ©) Export of goods and services 4) Allthe above 4. Aggregate Turnover excludes —— a) Central Tax b) State Tax ©) Ces 4) Allthe above sr services a more than one state has 0 ake + 5. A supplier supplying goods 2) Centralized registration for allstates by. Registraton in state wher Hs regis. 2 Separate registration in €veTY Se smyo.conn Dire & inet (os7) Sem. VD Caper 1 head office is situated ‘Taxation216 rrr Direct & Inve Taaton(:¥.4.Com) (Sem. ~ V) (Paper = It) 4) Registration in the state with maximum tumover 6, Incase of transfer of business, has to obtain fresh +pistration, a) Transferor b) Transferee ©) Bither (a) or (b) 4) None of the above 7, Any person engaged exclusively in the business af supplying goods or services or both that are __is not liable for registration under GST LAW, 8) Not liable to tax b) Wholly exempt from tax ©) Both (a) and (b) @) None of the above 8. Anagriculturist is not liable to obtain registration under GST (o the extent of. 8) Supply of produce out of cultivation of Land b) Supply of produce of specified erops ©) Supply of produce out of cultivation of Land upto & 10 lakhs 4) Supply of produce of specified crops upto € 10 lakhs. 9. Agriculturist means _ who undertakes cultivation of land by own labour or by the labour of family. 8) Individual ') Hindu undivided family ©) Any person 4) Either (a) or (6) 10. Agricutturist means an individual or Hindu undivided Family who undertakes cultivation of land by 2) Own labour b) The labour of family ©) Servants on wages or hired labour 4) Any of the above ie is required to compulsorily get registered under the GST Act, if taxable supplies are made. a) E-commerce operator b) Casual Taxable person ©) Non-Residents 4) Allthe above 2 is a taxable person who occasionally undertakes transactions involving supply of goods or Services in a state or union Territory where he has no fixed place of business. a) Casual Taxable Person b) Non-Resident Taxable person ©) Input service Distributor 4) Either (a) or (b) 13. is a taxable person who occasionally undertakes transactions involving supply of goods or services but has no fixed place of business residence in India. ) Casual Taxable person b) Non-Resident Taxable person ©) Input service Distributor 4) Either (a) or (6) 14, A non-resident person having__may take registration as a casual taxable person. a) TANNumber b) Aadhar Number ©) PAN Number ) both (b) and (c) 15. is the application form for registration of casual Taxable person a) GST REG-4 b) GSTREG-S ©) GSTREG-01 @) GST REG-10 16. is the application form for registration of a Non-Resident Taxable person. a) GSTREG-4 b) GSTREG-5 ©) GSTREG-O1 4) GST REG-09 1, hhas to undertake transactions in the course or furtherance of business. a) Causal Taxable person b) Non-Resident Taxable person ©) Both (a) and (b) 4) Any registered person 18. has to file returns in form GSTR1, GST2 and GSTR3. a) Input service Distributor b) Casual Taxable person ©) Non-Resident Taxable person ) Both (b) and (c) 19. Non-Resident Taxable person can file return in form __. a) GSTR:IA b) GSTR-4 o) GSTRS 4) GSTR-10 20. ___can claim input credit of all inward supplies. a) Casual Taxable Person b) Non-Resident taxable person ©) None of the above 4) both (a) and (b) a. can claim Input credit only in respect of import of goods and / or services. a) Exporter of goods and / or services b) Non-Resident taxable person ©) Casual Taxable person 4) both (b) and (c)ive Questions ase cect Quest : 2 , Every person liable for registration U; 2 en ebesome Tiable fo poor ited 24 shall apply for ‘registration within _ from the date a) 1 mont : aia b) GO days ee y 90 days 3, Acasual Person or non-resident taxable pe for regi a) Within § days from commencctnent of busines nn MPMY Fore ¥) Within 60 days from commencement of business ©) Atleast 15 days prior to commencement of tration pt ‘busi a) Atleast 5 8 prior t commencement of business ‘A person secking registration i 24 A veron seeking registration under GST shall be granted registration in one state / union Single 2 Pcie &)Mutpe based on place of business : ) None of the above A person having multiple business verte it istrati ae easiness verte Utes Verticals ina state or Territory may be granted __regstation for a) Single b Da ) Separate oes 4) None of the above quired to obtained more than one registration, wll be treated a) Defantter b) Casual taxable person ©) Distinct person @) Tovalid 27. Every person shall have __in order to be eligible for grant of registration. 8) Aadhar card b) TAN Number ©) VATIService Tax Number 4) PAN Number 28, The Approval or rejection of application for registration by the officer is to be within _ working, days from the date of submission of application. a2 3 ) Q7 10 29. Ifthe proper officer fails to take any action within __, the appli deemed to have been approved, a) 3 working days from date of submission of application b). 7 working days from date of receipt classification / information ete. ©) Either (a) or @) 15 days 30. Where the application for grant of registration has been approved, certificate of registration in form ___is made available tothe applicant on common portal. 26, A person who has obtained or re ® GSTREG-03 b) GST REG-30 ©) GST REG-05 4) GSTREG-06 | 31. The Goods and services Tax Identification Number i of ___ digits consisting sate code, PAN ot ‘TAN Number, Entity code and checksum character. : 8) 20 b) 15 t 2) 10 au | 32. The first 2 digits of GSTIN represent a) Entity code ¥) Country code ) State code ) Checksum character 33, GST in includes 10 characters which represent __. a) PAN Number ’) Tax Deduction Number I ©) Tax Collection Number 4) Any one of the above GSTIN has one character which is the __> a) Entity code b) Checksum character ©) State code @) Country code If application for registration ig__, the registration shall be effective fom the date on which the person becomes liable for registration. 8) Made within 30 days b) Not made within 30 days ©) Made within 60 days 4) Not made within 30 days| e's" Direct & Indirect Taation (7.¥.B.Com) (Sem. ~ VI) (Paper — 1) | 36, If application for registration is ___, the registration shall be effective from the date oF grant of registration, | a) Made within 30 days 1b) Not made within 30 days ¢) Made within 60 days: d) Not made within 60 days 37, Every person to whom a has been granted shall submit an application for registration enecraaga: “Temporary registration; 60 days b) GST Number, 90 days e) Temporary registration; 90 days 4) GST Number, 60 days 438, Every registered person shall display his___at his principal place of business and at every additonal place of business. a) Certificate of Registration b) GST Number ©) Bither (a) or (b) €) Both (a) and (b) 39. A person required to _ tax a source shall submit application for grant of registration in form GST REG-07. a) Poy b) Deduct ©) Collect 4) Both (b) and (¢) 40. The Certificate of registration issued to a casual taxable person or non-resident taxable person shall be valid for__. 4) the period specified in the application for registration 'b) 90 days from the effective date of registration ©) either (a) or (b), whichever is earlier 'b) either (a) or (b), whichever is Iter 41. The amount deposited as advance deposit of tax by casual Taxable person or Non-resident taxable person atthe time of registration is credited to fa) Electronic Cash Ledger b) Electronic Credit Ledger (©) Electronic Liability Ledger 4) Electronic cess Ledger 42. Where a change in the constitution of any business results in the change of permanent Account Number ‘ofa registered person, the said person shall apply for 1a) Amendment for registration in form GST REG-O1 b)_ Fresh Registration in form GST REG-O1 ©) Amendment for registration in form GST REG-14 4) Fresh Registration in form GST REG-14 43, If the proper officer fails to take any action within the certificate of registration shall stand amended to the extent applied for. ‘) 15 working days from the date of submission of application 1) 7 working days fiom the date ofthe receipt ofthe reply tothe notice to show cause under rte 193) ©) 3 working days from the date of submission of application a) either (a) or (b) 44, The proper officer on his own motion may cancel the registration of a person in following cases : J where person registered as composition taxpayer has rot furmished retums for 3 consecutive tax periods. ii) where on registered person has not furnished retums for a continuous period of 6 months. iil) where a person who has taken voluntary registration has not commenced business within 6 months from the date of registration, iv) where the business is discontinued. a) (i), (i and (it) ») @and (ii) ©) (ivjonly ® OG), Gi) and (iv) 45, The shall not affect the liability of the person to pay tax and other dues. a) Amendment to registration b) Cancellation of ©) Change in constitution of business er (a) or (b) 7sgustons +6 coistered person whose ry ane : ined j gistration ii 1 oak inputs contained in semifnished/ gignng al ay an it z) ‘umount _____on inputs held in olen ee ood held in stock oF capital goods or plant and ; Input te 9) Suiput tax payable Bither (a) or (b), Whichever is lower Bither (a) or (b), Whichever is higher Jication for cancellation of Re, f ‘i istration Wee pe of ___ from the effective date cee by a person who has voluntarily registered ot Se sonth 4) 3 month =0), 2-0), year 1a en 8 oy Ee 6B. O04 8-0), (0-108), (11-4, (12-9 2-9 @~ a, Ot agen d (17 ~ 3), (18 ~ 6), (9 ~ 0, 20 - a), Qt - b) = 0), G3 ~ a), G4 ~ 0), G5 ~ a}, G6 - ©), 27 ~ d), (28 ~ b), (29 - 0), (30 - d), (1 - b), @-B, 3-4, (4-2), 45-0), 46-9}, Goan = 0), G8 ~ d), (9 - d), (40 — 0), I - a), I. FILL IN THE BLANKS WITH SUITABLE WORDS: [HAPTER - 1: INTRODUCTION 1 The Bandera (of goods and services tax on 1 July, 2017 was very significant step in the field of india. 2, One ofthe principles adopted for subsuming the taxes was that taxes or levies to be subsumed should be partofthe 3, The subsumation should result in__in intra and inter-state levels. 4 4 Insubsumation of taxes there should be for Union and States individually. 5, __ is the chairperson of the GST council. & The State Finance Minister's shall choose one amongst themselves as ___of the council 1, ___ of the total number of member ofthe GST council shall constitute the quorum at its meetings. 7 4. TheGST council has made 5 laws, namely, CGST law, UTGST law, SGST law, IGST law and law. 4, All administrative control over taxpayers having turnover ___ shall be divided equally in the ratio of 50% each for the Central and State Tax administration 10, GSTis applicable on _ of goods and serv 1, GSTis___ based consuption taxation. 12. Import of goods would be treated as 1B. GST is applicable to all goods and services except Fee a aeeeaae vd be applicable ftom the dae as recommended by GST council 1s, will be levied by centre in ‘addition to GST on tobacco and tobacco products, 16. "would provide three font ead services f0 the taxpayers ‘namely, registration, payment and 11 co of eods an series xo Jay, 217 was Yer sigan inthe Bl of 18, GST would be applied om. 19. GST is based on the principle of. cons 20. art of goods woul ‘be treated as___ st lies. 2 pr fen pad bm om ST 2. ‘ane T / UTGST will be cl don. transactions. 2 Cobia StU cin__wtepi Som ‘export of goods or services is: considered as a. 26. Central sales Tax is a____'© ‘be subsumed under GST. 26 ‘Gentry ndet ta reforms, (2) wansacton chain, (3) fee flow of tax eet) revene Sines 1am: ne apn) oneal) OST compenson stove € 159 cee Gey supply, (11) destination, (12) inter-state supplies, (13) aleohol for hamas consumption, Co em products, (15) Cental excise duty, (16) Goods and series tax networks, (17) Indirect of goods or services. ‘based consumption taxation.