Top 150+ Solved Indirect Tax MCQ Questions Answer
Q. Every electronic commerce operator required to collect tax at source has to furnish a statement in form------
a. gstr-1
b. gstr-5
c. gstr-7
d. gstr-8
Q. Central & excise duty shall be levied in addition to GST on ------
a. petroleum products
b. alcohol products
c. tobacco and tobacco products
d. alcohol for human consumption
Q. Where supply is received at place other than place of business, location of recipient of services is----
a. location of place of business
b. location of fixed establishment
c. location of establishm ent most directly concerned
d. location of usual place of residence of recipient.
Q. M/s. ABC of Gujarat 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
Q. GST is charged on----- of goods or services
a. manufacture or provision
b. consumption
c. supply
d. demand
Q. Supply of services Imported into the territory if India are treated as------
a. inter state supply
b. intra state supply
c. exempt supplies
d. international supplies
Q. Ms. Pooja supplied services to Ms. Smita on 5-7-2018.She raised an invoice on 20-6-2018 and recived 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 rate levied will be-----
a. 20-6-2018,28%
b. 10-7-2018,28%
c. 20-6-2018,15%
d. 10-7-2018,15%
Q. 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%
c. 20-6-2018,15%
d. 10-7-2018,28%
Q. Where the location of the supplier and the place of supply are in two different States-
a. igst is applicable
b. cgst is applicable
c. sgst plus cgst is applicable
d. cgst plus igst is applicable
Q. Where location of the supplier and place of supply are in a State and a Union territory
a. cgst plus utgst isapplicable
b. cgst plus igst is applicable
c. sgst plus utgst isapplicable
d. igst is applicable
Q. Place of supply of goods exported from India shall be
a. the location outside india
b. the location of the exporter
c. state in which exported goods reaches first
d. place of supply not applicable.
Q. The place of supply of telecommunication services shall be
a. the location where connection is installed
b. place of office of the services provider
c. place of payment
d. place of supply not relevant
Q. Gifts not exceeding----- in a year by an employer to employee shall not be treated as supply.
a. rs. 5,000
b. rs. 10,000
c. rs. 50,000
d. rs. 1,00,000
Q. Integrated Goods and services Tax is applicable when-
a. sold in union territory
b. sold from one gst dealer to another gst dealer
c. sold within a state
d. there is interstate supply