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Indirect Tax
Multiple choice question’s

1. GST is levied on supply of all goods and service except_________

a. Computer
b. Machinery
c. Alcoholic liquor for human consumption
d. Gold and silver
2. GST is leviable on petrol from _________
a. 01/07/2017
b. Will not levied at all
c. A date notified by the GST council
d. 01/04/2018
3. __________ act has been subsumed in GST
a. Central excise
b. Property tax
c. Profession tax
d. Income tax
4. __________ is indirect tax
a. Wealth tax
b. Estate tax
c. Goods and service tax
d. Income tax
5. Indirect tax is a_______
a. Regressive tax
b. Progressive tax
c. Tax on tax
d. Value added tax
6. ____is a tax that is shifted from one tax payer to another
a. Direct tax
b. Indirect tax
c. Entry tax
d. GST
7. Central taxes that would be subsumed into GST includes______
 a. Central excise duty
b. Central sales tax
c. Entry tax
d. Purchase tax
8. Indian GST model has ______ tier rate structure
a. 3
b. 4
c. 5
d. 6
9. The CGST act , 2017 extends to ________
a. Whole of India excluding the state of Jammu and Kashmir
b. Whole of India
c. Whole of India excluding the state of Jammu and Kashmir and Union
territories
d. Whole of India excluding the state of Jammu and Kashmir but including
union territories
10.HSN code stands for _______
a. Home shopping network
b. Harmonized system of Nomenclature
c. Harmonized system number
d. Home state number
11.State taxes that would subsumed into GST include_______
a. Central excise duty
b. Central sales tax
c. Service tax
d. Import tax
12._______ supply comprise of two or more supplies that attract highest rate of
tax
a. Composite
b. Mixed
c. Single
d. Double
13.Rate of IGST on motor car is _______
a. 5%
b. 12%
 c. 18%
d. 28%
14.Rate of tax on platinum , CGST and SGST together is ______
a. 2.5%
b. 3%
c. 18%
d. 28%
15.Rate of composition for restaurant is ________
a. 5%
b. 12%
c. 18%
d. 28%
16.Actionable claim is _______
a. Specifically included in the definition of goods
b. Specifically included in the definition of goods
c. Specifically excluded in the definition of goods as well as services
d. Specifically excluded from the definition of goods only
17.Tax on supplies of taxable goods/ services by an unregistered person is to
be a paid by the registered person on ________
a. Proportionate basis
b. Reimbursement basis
c. Reverse charge basis
d. Partial charge basis
18.Integrated goods and service tax means tax levied under the IGST act on
supply of any goods or service in the course of_______ trade or commerce
a. Intra –state
b. Inter state
c. Business
d. International
19.The integration tax on _____ shall be levied and collected in accordance
with the provision of section 3 of the customs tariff act , 1975
a. Export goods
b. Inter-state supplies
c. Import goods
d. Intra state supply
20.IGST shall be levied on ______ with effect from the date notified by the
government
a. Alcoholic liquor consumption
b. Petroleum products
c. Natural gas
d. Motor spirit
21.Goods supplied or service rendered by ________ are treated as goods/
service supplied by _______
a. Agent , principal
b. Principal , agent
c. Employer , Employee
d. Employee, Employer
22.Where supply is made from place of business for which registration is
obtained ,location of supplier of service is _________
a. Location of place of business
b. Location of fixed establishment
c. Location of establishment most directly concerned
d. Location of usual place of residence of supplier
23.Supply of goods imported into territory of india , shall be treated as ____ till
they cross customs frontiers of India
a. Intra-state supplies
b. Intra-state supplies
c. Import supplies
d. Exempt supplies
24.M/S ABC of Gujrat supplies goods to M/S XYZ of Delhi this will classify
as______
a. Intra state supply
b. Export supply
c. Inter state supply
d. Deemed supply
25._______ means bringing goods into India from a palce outside india
a. Intra-state supply
b. Inter –state supply
c. Import of goods
d. Import of services
26.In a case where passenger transportation service is provided to an
unregistered person , place of supply will be __________
a. Location of recipient
b. Location of transporter
c. Location of the destination
d. Location where journey starts
27.For service supplied by way of admission to an event , the place of supply if
supplier /recipient is outside india will be __________
a. Location where service is actually performed
b. Location of recipient
c. Location of supplier
d. Location outside in India
28.The liability to pay tax on goods shall arise at the _______
a. Dispatch of goods
b. Removal of goods
c. Time of supply
d. Delivery of goods
29.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
c. 01-7-2018
d. 15-6-2018
30.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
c. 1-7-2018
d. 15-6-2018
31.Mr. Amruta issud an invoice to MS ankita on 5-7-2018 for service rendered
on 15-7-2018 MS ankita paid this amount on 7-7-2018 . the rate of tax was
changed on 1-0-7-2018 .the time of supply shall be __________
a. 5-7-2018
 b. 7-7-2019
c. 10-7-2018
d. 15-7-2018
32._________ of supply is the amount upon which tax is levied and collected
a. Value
b. Cost
c. Turnover
d. Gross value
33.Where the value of a supply of goods or services or both is not determined
by any preceding rules , rule 30 states the value shall be _______ cost of
production /manufacturer / acquisition of such goods or provision of such
services.
a. 100% of
b. 110% of
c. Equal to
d. 90% of
34._______ includes non-taxable supply
a. Aggregate turnover
b. Exempt supply
c. Inward supply
d. Export supply
35.Tax invoice must be issued by _____ on supplies made by him
a. Every supplier
b. Every taxable person
c. Every registered person not paying tax under compensation
scheme
d. Every taxable charge
36.Input tax does not include__________
a. IGST on import of goods
b. SGST and UTGST
c. Tax paid under compensation levy
d. Tax payable section 9(3) and 9(4)
37.Which of the following shall not be included in value of supply?
a. GST
b. Interest
 c. Late fee
d. Commission
38.The deductor has to deduct tax from deductee where the total value of
supply under a contract exceeds________
a. RS 1,00,000
b. RS 10 lakhs
c. RS 2,50,000
d. RS 50,000
39.The amount deducted as tax shall be paid to the government within
________ days after the end of the month in which deducted .
a. 7
b. 10
c. 15
d. 20
40.TDS certificate is to be issued by deductor in form ________
a. GSTR1A
b. GSTR21
c. GSTR7B
d. GSTR7A
41.Regitration certificate is issued to tax deductor / collector in form _______
within 3 working days from the date of submission of the application
a. GST REG -07
b. GST REG -06
c. GST REG -08
d. GST REG -09
42.Every registered person liable to deduct tax shall furnish annual return for
F.Y. 2017-18 on or before ________
a. 31st december ,2018
b. 31st december 2019
c. 31st december 2017
d. 31st march 2019
43.First copy of tax invoice for goods is marked as __________
a. Original
b. Duplicate
c. Triplicate
 d. Quadruplicate
44.Revised invoice is used for__________
a. Correction in original invoice
b. Correction in bill of supply
c. Issued by unregistered person
d. To give effect of registration from date of liability up to date of
registration
45.Tax invoice for service is prepared by _______
a. Single copy
b. Duplicate copy
c. Triplicate copy
d. Quadruplicate copy
46.Contents of tax invoice is given by _______
a. Rule 46
b. Rule 47
c. Rule 48
d. Rule 49
47.Input tax credit on capital goods and inputs can be availed in one installment
or in multiple installments?
a. In thirty six installments
b. In twelve installments
c. In one installments
d. In six installments
48.ITC can be availed on ______
a. Possession of a prescribed invoice/ debit note
b. Receipt of goods/ service
c. Tax on such supply has been paid to government and return being
furnished by the supplier
d. Fulfilling all the above conditions
49.Which of the following ITC is not available to the tax payer?
a. ITC on goods purchased for resale
b. ITC on goods used for providing taxable services
c. ITC on goods used in making supplies out of India
d. ITC on purchase of motor vehicle for use by director
50.What is validity of the registration certificate?
 a. One year
b. No validity
c. Valid till it is cancelled
d. Five years
51.Who can submit application for registration in form GST REG-09?
a. Non-resident taxable season
b. Input service distributor
c. Person deducting tax at source
d. Person collecting tax at source
52.A service would be called as” continuous supply of service “ if the service
under a contract is provided continuously or on recurrent basis exceeding
a. One year
b. 6 month
c. 3 month
d. 1 month
53.Which law will govern the inter-state supply of goods services?
a. CGST
b. SGST
c. UTGST
d. IGST
54.Every supplier shall be liable to be registered under this act in the state union
territory other than special category states from where he makes a taxable
supply of goods or services or both if his aggregate turnover in financial year
exceeds
a. 10 lakhs
b. 25 lakhs
c. 1.5 crore
d. 20 lakhs
55.Where a person makes taxable supplies of goods or services or both from
any of special or both from any of the special category states he shall be
liable to registered if his aggregate turnover in a financial year exceeds
a. 10 lakhs
b. 25 lakhs
c. 1.5 crore
d. 20 lakhs
56.The calculation of aggregate turnover to decide the registration limit will be
based on ______
a. State wise turnover
b. State wise turnover excluding export
c. All over India turnover
d. All over excluding export
57.Taxable minimum turnover limit GST that is applicable to the state
Maharashtra________
a. 10 lakhs
b. 25 lakhs
c. 1.5 crores
d. 20 lakhs
58.Who is called a deemed supplier of service?__________
a. Input service distributor
b. Job worker
c. Agent
d. Subsidiary company
59.A service would be called as” continuous supply of service” if the service
under a contract is provided continuous or on recurrent basis exceeding
a. one year
b. 6 month
c. 3 month
d. 1 month
60.Which law will govern the inter-state supply of goods or service?
a. CGST
b. SGST
c. UTGST
d. IGST
61.Which of the following has been kept out of GST levy?
a. Generator
b. Computer
c. Jewellery
d. Electricity
62.Threshold limit of turnover for levy of GST in the case of a person having
business (supply of goods and services) in Gujrat is ______
 a. RS 10 lakhs
b. RS 20 lakhs
c. RS 30 lakhs
d. RS 40 lakhs
63.Which of the following incomes/activities is liable for GST?______
a. Salary
b. Salary and allowances of MPS
c. Services by court
d. Sale of jewellery
64.Which of the following represents composite supply?_________
a. Doctor’s service with medicine
b. Packages with fruits and chocolates
c. Coaching center with monthly excursions on trekking
d. Supply of computer printer and laptop
65.When employer gifts goods to his employees it will not be considered as
taxable supply for the purpose of GST if the value of supply to an employee
does not exceeds:_________
a. RS 5,000
b. RS 20,000
c. RS 50,000
d. RS 1,00,000
66.Which of the following though shown in bill will not be included in
determining the value of supply for the purpose of GST ?_________
a. Packing
b. Discount
c. Interest for late payment
d. Installation charges
67.Refreshment were supplied on board in an aircraft proceeding from Chennai
to delhi . it had a stop at Hyderabad . the refreshment were taken on board at
Hyderabad . the place of supply is ________
a. Delhi
b. Chennai
c. Hyderabad
d. Delhi and Chennai both
68.Which of the following is not a feature of indirect tax?
 a. Regressive nature
b. Supply based Taxes
c. Rate of taxes are different from person to person
d. No previous year and assessment year concept
69.The highest enabling limit of tax rate of IGST has been prescribed at
__________
a. 20%
b. 28%
c. 14%
d. 12%
70.Which of the following GST model is adopted in India?
a. Australian model
b. Bagchi –poddar model
c. Dual model
d. American model
71.E-way bill can be cancelled within _________ from the time of generation
a. 12 hours
b. 4 hours
c. 1 day
d. 24 hours
72.__________ is to be furnished electronically up to 31st december of
succeeding financial year by every registered person
a. Final return
b. Annual return
c. Return of outward supply
d. Return of inward supply
73.Fees of ______ per day shall be levied for delay in furnishing of return
a. RS 25
b. RS 50
c. RS 75
d. RS100
74._______ is to be furnished electronically upto 31st december of succeeding
financial year by every registered person
a. Final return
b. Annual return
 c. Return of outward supply
d. Return of inward supply
75.Validity of the e-way bill depends upon the _________
a. Time required for transportation of goods
b. Distance the goods have to be transported
c. Value of the goods to be transported
d. Quantity of the goods to be transported

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