Top 350+ Solved Indirect Taxes- GST MCQ Questions Answer
Q. What is the time of supply of vouchers in respect of services when the supply with respect to thevoucher is identifiable?
a. Date of issue of voucher
b. Date of redemption of voucher
c. Earlier of (a) and (b)
d. (a) and (b) whichever is later
Q. There was increase in tax rate from 20% to 24% w.e.f. 1.09.2019. Which of the following rate isapplicable when services are provided after change in rate of tax in September 2019, but invoice issued and payment received, both in August, 2019 :
a. 20% as it is lower of the two
b. 24% as it is higher of the two
c. 20% as invoice and payment were received prior to rate change
d. 24% as the supply was completed after rate change
Q. There was increase in tax rate from 20% to 24% w.e.f. 1.09.2019. Which of the following rate is applicable when services provided, and invoice raised after change in rate of tax in September, 2019, but payment received in August 2019 :
a. 20% as it is lower of the two
b. 24% as it is higher of the two
c. 20% as payment (being one of the factors) was prior to rate change
d. 24% as invoice was issued in the period during which supply is completed
Q. There was increase in tax rate from 20% to 24% w.e.f. 1.9.2019. Which of the following rate isapplicable if the supplier has opted for composition levy and invoice was issued after change in rate of tax in September, 2019 but payment received, and goods supplied in August, 2019 :
a. 20% as it is lower of the two
b. 24% as it is higher of the two
c. 20% as payment was received in the period during which the supply was effected
d. 24% as invoice being one of the factors was issued after rate change
Q. Which of the following is an inter-State supply?
a. Supplier of goods located in Delhi and place of supply of goods is to an SEZ located in Delhi
b. Supplier of goods located in Delhi and place of supply of goods in Jaipur
c. Supplier of goods located in Delhi and place of supply of goods is to an SEZ located in Chandigarh
d. All the above
Q. Which of the following is an intrastate supply?
a. Supplier of goods located in Delhi and place of supply of goods SEZ located in Delhi
b. Supplier of goods located in Delhi and place of supply of goods in Jaipur
c. Supplier of goods located in Delhi and place of supply of goods in Delhi
d. All the above
Q. Which of the following transaction is inter-state supply of goods?
a. Location of supplier is in Lucknow, UP and location of recipient is in Mumbai.
b. Location of supplier is in Lucknow, UP and place of supply is Mumbai
c. Location of supplier and place of supply is Lucknow, UP
d. None of the above
Q. Supply of goods in the course of import into the territory of India is
a. Intrastate supply
b. Inter-State supply
c. Export
d. Neither Export nor Import
Q. Place of supply of a transaction in territorial waters is
a. Location of the supplier
b. Location of the recipient
c. Coastal state where the nearest point of the appropriate baseline is located
d. None of the above
Q. is levied on inter-state supply of goods and services.
a. CGST
b. SGST
c. IGST
d. Both (a) and (b)
Q. Unless and until notified, IGST shall not be levied on the inter-State supply of which of thefollowing.
a. Industrial alcohol
b. Works contract
c. Petroleum
d. None of the above