Top 150+ Solved Indirect Tax MCQ Questions Answer
Q. Dealers whose annual turnover between Rs.1.5 crore and Rs. 5 crore need to use
a. two-digit hsn code
b. four digit hsn codes
c. four digit hsn codes
d. eight digit hsn codes
Q. Composite tax is applicable for dealer with turnover upto
a. rs. 1 crore
b. rs. 20 lakh
c. rs. 1.5crore
d. rs. 10 crore
Q. Supply of goods provided, or agreed to be provided, continuously or on recurrent basis, under a contract, is
a. mixed supply
b. composite supply
c. common supply
d. continuous supply
Q. Supply of two or more taxable supplies naturally bundled and supplied is called
a. mixed supply
b. composite supply
c. common supply
d. continuous supply
Q. Integrated Goods and Services Tax Act is applicable to
a. all the states
b. all the union territories
c. the whole of india
d. all the states except jammu and kashmir
Q. Where location of the supplier and the place of supply are in two different Union territories
a. cgst plus utgst isapplicable
b. igst is applicable
c. sgst plus utgst isapplicable
d. cgst plus igst is applicable
Q. The Central Goods and Services Tax is levied under
a. section 9 of the cgst act
b. section 10 cgst act
c. section 8 of the igst act
d. section 2 of the sgst act
Q. GSTR-6A is meant for
a. gst dealers
b. composition scheme taxpayers
c. ecommerce operators
d. input service distributor
Q. The proper officer may assess the tax liability on the basis of available information, evidences which is called
a. best judgement assessment
b. provisional assessment
c. self assessment
d. protective assessment
Q. GST council meeting is convened
a. every week
b. every month
c. every 3 months
d. any time as required
Q. GST is levied on supply all goods and services except ___________________.
a. computer
b. Machinery
c. Alcoholic Liquor for human consumption
d. Gold & Silver