Top 350+ Solved Indirect Taxes- GST MCQ Questions Answer
Q. For certain Special category States, the reduced limit of ` 75 lakhs for opting composition schemeis available. The reduced limit of ` 75 Lakhs is not available for?
a. Manipur
b. Meghalaya
c. Himachal Pradesh
d. Jammu & Kashmir
Q. GST Ltd. has business places at Lucknow, UP and Kanpur, UP having the same PAN; and Aggregate Turnover in the financial year not exceeding ` 75 lakhs. Can it opt composition levy for Lucknow and normal levy at Kanpur?
a. No
b. Yes
c. Up-to an Aggregate Turnover of ` 75 lakhs at Lucknow only
d. Subject to the approval of GST Council
Q. Which one of the following is true?
a. Entire income of any trust is exempted from GST
b. Entire income of a registered trust is exempted from GST
c. Incomes from specified/defined charitable activities of a trust are exempted from GST
d. Incomes from specified/defined charitable activities of a registered trust (u/s 12AA of Income
Q. Select the correct statement?
a. Transfer of a going concern wholly is not exempt from GST
b. Transfer of a going concern is partly exempt from GST
c. Transfer partly as going concern is exempted from GST
d. Transfer of a going concern is exempt from GST
Q. Service by whom, by way of any activity in relation to any function entrusted to a municipalityunder Article 243 W of the Constitution, is exempted?
a. Central Government or State Government or Union territory or Local authority
b. Governmental authority
c. Municipality under Article 243 W of the Constitution
d. All of above
Q. Which is a wrong statement?
a. All services of Department of Post are exempted
b. All services by State/Central Governments/local authorities in relation to an aircraft or a vessel in a Port or an Airport are exempted
c. All services by State/Central Governments/local authorities in relation to transport of passengers are exempted
d. All the above mentioned
Q. Services to a single residential unit is, exempted if:
a. It is pure labour service only
b. It is works contract only
c. It is a part of residential complex only
d. It is on ground floor without further super structure
Q. Which exemption option is right from the following?
a. For letting out any immovable property
b. For letting out any residential dwelling for use as residence
c. For letting out any residential property irrespective of its use
d. For none of the above
Q. Services by a hotel, inn, guest house, club or campsite are exempted for residential / lodgingpurposes -
a. If the actual tariff for a unit of accommodation is below ` 10,000
b. If the actual tariff for a unit of accommodation is below ` 1,000
c. If the actual tariff for a unit of accommodation is exactly ` 1,000
d. If the actual tariff for a unit of accommodation is above ` 1,000
Q. Transportation of passengers exempted if -
a. It is by air-conditioned stage carriage
b. It is by air-conditioned contract carriage
c. It is by non-air-conditioned stage carriage for tourism, charter or hire
d. None of the above
Q. Transportation of passengers is exempted -
a. In an air-conditioned railway coach
b. In a vessel for public tourism purpose between places in India
c. In a metered cab/auto rickshaw / e rickshaw
d. In all the above mentioned
Q. Transportation of goods is not exempted if it is -
a. by a goods transport agency / courier agency
b. by inland waterways
c. by an aircraft from a place outside India upto the customs station of clearance in India
d. by all the above mentioned
Q. Transportation of agricultural produces, milk, salt and food grain including flour, pulses and rice, ‘relief materials meant for victims of natural or man-made disasters, calamities, accidents or mishap’, newspaper or magazines registered with the Registrar of Newspapers - is exempted –
a. If it is by a goods transport agency
b. If it is by a rail - within India
c. If it is by a vessel - within India
d. If it is by all of the above
Q. Which of the following is exempted –
a. Services by way of loading, unloading, packing, storage or warehousing of rice
b. Services by way of loading and unloading of jute
c. Services by way of packing and storage or warehousing of rubber
d. None of the above