Top 150+ Solved Goods and Services Tax (GST) MCQ Questions Answer

From 106 to 120 of 184

Q. When GST council constituted

a. 15.09.2016

b. 13.09.2016

c. 12.09.2016

d. 20.09.2016

  • c. 12.09.2016

Q. Address for delivery is

a. Recipient address mentioned in the invoice

b. Recipient address mentioned in the delivery challan

c. Recipient address not necessary

d. Recipient address mentioned in the Gate pass

  • a. Recipient address mentioned in the invoice

Q. Agriculturist includes

a. Individual or HUF

b. Individual and HUF

c. Partnership

d. All the above

  • a. Individual or HUF

Q. Associated enterprise is mentioned under

a. Income tax act 1961

b. Companies Act 2013

c. Central GST Act 2017

d. State GST Act 2017

  • a. Income tax act 1961

Q. Appointed day is

a. Date on which the provisions of this Act shall come into force

b. Date on which President assent

c. Date of which both houses passed the act

d. Date on which sent to Finance Ministry

  • a. Date on which the provisions of this Act shall come into force

Q. Deemed exports mentioned in which section

a. Section 137

b. Section 147

c. Section 142

d. Section 145

  • b. Section 147

Q. Quarter means

a. March

b. September

c. December

d. All the above

  • d. All the above

Q. Taxable levy in case of manufacture under composite scheme

a. Two percent

b. Three per cent

c. One per cent

d. Half per cent

  • c. One per cent

Q. Whether person opted for composite scheme collect tax under GST

a. No

b. Yes

c. Only A

d. None of the above

  • c. Only A

Q. Participation of ITC value chain in composite scheme

a. With participation

b. Without participation

c. Either a or b

d. None of the above

  • b. Without participation

Q. Taxes paid on

a. Transaction value

b. Manufacturing cost

c. Both A and B

d. None of the above

  • a. Transaction value

Q. ITC available

a. In the course or Furtherance of business

b. Other than business exp

c. Only A

d. None of the above

  • a. In the course or Furtherance of business

Q. Input tax credit availability

a. On receipt of goods

b. On payment of taxes paid by supplier to Govt.

c. Taken to manufacturing site or availed services

d. None of the above

  • b. On payment of taxes paid by supplier to Govt.

Q. Input tax on capital goods

a. In one instalment

b. Partly five equal instalments

c. Only A

d. Equally 10% every year

  • c. Only A

Q. Appellate Tribunal is mentioned in which section?

a. Section 109

b. Section 105

c. Section 103

d. Section 119

  • a. Section 109
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