Top 150+ Solved Indirect Tax MCQ Questions Answer
Q. Compute time of supply (in case of supply of toothpaste) when its removal on 25/12/2017, date of invoice 31/12/2017, dateof payment 01/01/2019____________
a. 25/12/2019
b. 31/12/2018
c. 01/01/2020
d. 25/02/2019
Q. Compute time of supply (0in case of Supply of Soap) when its removal on 25/11/2017, Date of invoice 21/11/2017.
a. 25/11/2017
b. 21/11/2017
c. 1/12/2017
d. 21/10/2017
Q. Composition levy applicable to tax prayer whose turnover not exceed ___________-
a. 20 lakhs
b. 50 lakhs
c. 80 lakhs
d. 150 Lakhs
Q. Dealers not eligible for opting composition scheme.
a. Exporters
b. Importers
c. Interstate supplier of goods
d. Manufacturing dealers