Top 350+ Solved Indirect Taxes- GST MCQ Questions Answer
Q. When an unregistered dealer supplied goods to a registered dealer, the time of supply under reverse charge shall be earliest of the
a. date of receipt of good
b. date of supply of goods
c. date of loading of goods in transport
d. date of intimation of supply of goods
Q. Composition scheme is not applicable to service providers except the following.
a. Consultancy Service
b. Restaurant Service
c. Beauty Parlours
d. Cleaning Work
Q. To avail input tax credit, which of the following factors is not relevant ?
a. Tax invoice
b. Furnishing of return by supplier
c. Receipt of goods and services
d. Payment by buyer for supply received
Q. Input tax credit cannot be availed after the expiry of from the date of issue of tax invoice of supply.
a. 6 month
b. 3 months
c. 1 year
d. 2 years
Q. When goods are packed and transported with insurance, the supply of goods, packing materials, transport and insurance as per provisions of CGST Act, 2017, is called as
a. Mixed Supply
b. Uniform Supply
c. Complex Supply
d. Composite Supply
Q. Which of the following taxes have been subsumed under GST ? (1) Central Excise Duty (2) Service Tax (3) VAT (4) Luxury Tax Select the correct answer from the options given below
a. (1) & (2) etc.
b. (3), (1) & (2)
c. All of the above
d. None of the above
Q. GST is a comprehensive tax regime covering .
a. Good
b. Services
c. Both goods and services
d. Goods, services and imports
Q. Goods and Services Tax is a tax levied on goods and services imposed at each point of
a. Demand
b. Cash sale
c. Supply
d. Manufacturing
Q. The CGST Act, 2017 extends to
a. Whole of India excluding the State of Jammu & Kashmir
b. Whole of India
c. Whole of India excluding the State of Jammu & Kashmir and Union territories
d. Whole of India excluding the State of Jammu & Kashmir but including Union territories
Q. P Ltd. has a contract with X Ltd. to provide book keeping services to Q Ltd. Q Ltd. is a subsidiary of P Ltd. The liability to discharge consideration for such book keeping service is of P Ltd. As per the CGST Act, 2017, who will be the recipient of the above service?
a. P Ltd.
b. Q Ltd.
c. X L
d. (d) Both (a) and (b)
Q. The definition of goods under section 2(52) of the CGST Act does not include-
a. Gras
b. Money and securities
c. Actionable claims
d. Growing crops
Q. is not included in the term “Goods” under GST Law:
a. Movable Property
b. Actionable Claim
c. Securities
d. Growing Crops
Q. Which of the following is not covered under the term “Goods” under GST ?
a. Money
b. Actionable Claim
c. Securities
d. Both (a) & (c)
Q. As per the CGST Act, 2017, "business" includes :(i) Adventure not for a pecuniary benefit (ii) Any activity or transaction undertaken by the Central Government, a State Government or any local authority in which they are engaged as public authorities.
a. (ii) only
b. Both (i) and (ii)
c. Neither (i) nor (ii)
d. (i) only
Q. Securities are excluded from the definition of .
a. Good
b. Services
c. Both (a) and (b)
d. Neither (a) nor (b)