Top 350+ Solved Indirect Taxes- GST MCQ Questions Answer
Q. Can a supplier take credit of the TCS ?
a. Yes
b. No
c. Yes, on the basis of the valid return filed
d. Yes, on the basis of a valid return filed by the e-commerce operator and there is no discrepancy
Q. Which section deals with the TDS provisions in GST ?
a. Section 51
b. Section 52
c. Section 53
d. Section 54
Q. Which section deals with the TCS provisions in GST ?
a. Section 51
b. Section 52
c. Section 53
d. Section 54
Q. the table supplies returned to the supplier on the electronic commerce is as adeduction while calculating the net value.
a. No, not allowed
b. Yes, allowed
c. Yes, not allowed
d. No, allowed
Q. No TDS shall be made when
a. Location of supplier and place of supply is in a State or Union Territory which is different from the State / UT of registration of the recipient
b. Location of supplier and place of supply is in same state and location of recipient is in same state
c. Location of supplier and place of supply is in different state and location of recipient is in different state
d. None of the above
Q. A service would be called as “continuous supply of service”, if the service under a contract isprovided continuously or on recurrent basis exceeding:
a. One year
b. 6 months
c. 3 months
d. 1 month
Q. Which law will govern the inter-state supply of goods or services?
a. CGST
b. SGST
c. UTGST
d. IGST
Q. Which of the following has been kept out of the GST Levy?
a. Generator
b. Computer
c. Jewellery
d. Electricity
Q. Threshold limit of turnover for levy of GST in the case of a person having business (supply ofgoods and services) in Gujarat is
a. 10 lakh
b. 20 lakhs
c. 30 lakhs
d. 40 lakhs
Q. 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
Q. Which of the following represents composite supply?
a. Doctor’s service with medicines
b. Package with fruits and chocolates
c. Coaching centre with monthly excursions on trekking
d. Supply of computer printer and laptop
Q. Mr. Ram supplied goods to Mr. Laxman. The invoice is dated 30.7.2019. Payment was received for the supply on 30.10.2019. The goods were dispatched on 5.8.2019. What is time of supply under GGST Act?
a. 5.8.2019
b. 30.7.2019
c. 30.10.2019
d. None of the-above
Q. Which of the following though shown in Bill will not be included in determining the value ofsupply for the purpose of GST?
a. Packing
b. Discount
c. Interest for late payment
d. Installation charges