Top 350+ Solved Indirect Taxes- GST MCQ Questions Answer
Q. Which of the following require compulsory registration, irrespective of threshold limit ?
a. Casual taxable person
b. Non Resident taxable person
c. Person liable to pay under Reverse Charge Mechanism
d. All of the above
Q. A person not required to obtain registration if he is required to pay tax under reverse charge and there are no taxable supplies made by him.
a. Incorrect, if person who are required to pay tax under reverse charge, irrespective of threshold shall obtain registration.
b. Incorrect, if person who are required to pay tax under reverse charge obtain registration only if such value of supplies under reverse charge exceeds the threshold limit.
c. Above statement is correct
d. A person is required to obtain registration if he is required to pay tax under reverse charge and also he is also making taxable supplies irrespective of the threshold limit.
Q. Mr. A has started supply of goods and services in Delhi. He is required to obtain registration, if his aggregate turnover exceeds during a financial year.
a. 10 lakh
b. 20 lakh
c. 30 lakh
d. 50 lakh
Q. Which of the following persons are compulsorily required to obtain registration?
a. Persons making any inter-State taxable supply
b. Non-resident taxable persons making taxable supply
c. Casual taxable persons making taxable supply
d. All of the above
Q. Which of the following persons are not liable for registration?
a. Any person engaged exclusively in supplying services wholly exempt from tax
b. Casual Taxable Person
c. Both (a) and (b)
d. None of the above
Q. Rohan Toys is a registered supplier of goods in Delhi. It intends to attend a 7 days’ Business Fair organised in Mumbai (next month) where it does not have a fixed place of business. Examinewhich of the following statements are true for Rohan Toys:
a. Rohan Toys is not required to obtain registration in Mumbai for attending a 7 days’ Business Fair.
b. Rohan Toys has to obtain registration as a casual taxable person for attending the Business Fair.
c. Rohan Toys has to obtain a Unique Identification Number for attending the Business Fair.
d. None of the above
Q. Every supplier shall be liable to be registered under this Act in the State or Union Territory, other than Special Category States, from where he makes a taxable supply of goods or services or both, if his aggregate turnover in a financial year exceeds
a. 10 lakh
b. 25 lakhs
c. 1.5 crores
d. 20 lakhs
Q. The calculation of aggregate turnover to decide the registration limit will be based on
a. State wise Turnover
b. State wise Turnover excluding Export
c. All over India Turnover
d. All over Turnover excluding Export
Q. Taxable minimum turnover limit in GST that is applicable to the State of Maharashtra
a. 10 lakh
b. 25 lakhs
c. 1.5 crores
d. 20 lakhs
Q. The dealers who are not eligible for any threshold limit for registration under GST law are?
a. Input Service Distributors and Dealers making supply through Electronic Commerce Operator
b. Casual Dealers and Non-resident Taxable Persons
c. Dealers making inter-state supplies and those having Reverse Charge Liability
d. All of the above
Q. Suppose a dealer who is a resident of Delhi has business places both at Delhi and Uttar Pradesh.From where does he have to take GST registration?
a. From Delhi only
b. From Uttar Pradesh only
c. He has to take separate GST registration both at Delhi and Uttar Pradesh with the same PAN
d. From either of the states
Q. Suppose one Multi National Company (MNC) has places of business all over India. Can such anMNC take a single centralised GST registration?
a. Yes
b. No (it has to take registration in all the states from where it makes supplies of goods or services)
c. Registration only from the state in which its Head Office in India is situated
d. Either (a) or (c)
Q. Are all suppliers mandatorily required to obtain registration?
a. Yes
b. Not required if he is an agriculturist or person exclusively engaged in supplying exempt goods or services
c. Not required if he is an agriculturist or person exclusively engaged in supplying exempt goods or services and for others if the specified threshold exceeds in any financial year
d. No only if the specified threshold exceeds in any financial year