Mockup Exam for GST Practitioners : Basic Level

Last Updated On: March 22, 2019, 2:48 p.m.
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Goods and Service Tax - Basics

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Which of the following would attract levy of CGST?

5 points

Inter-state supplies

Intra-state supplies

Any of the above

None of the above

Reverse charge mechanism under GST is applicable to

5 points

Goods

Services

Both Goods and Services

None of the Above

Composition scheme can be availed if the taxable person effects

5 points

Interstate supplies

Intrastate supplies

Both interstate and intrastate supplies

None of the above

Which of the following will be levied in case of Imports?

5 points

CGST

SGST

IGST

None of the Above

This transition provision enables the VAT Officers under the current tax regime (that are being subsumed into GST) to continue as

5 points

VAT Officers

GST Officers

Central Excise Officers

Income Tax Officers

A person shall be required to be registered under GST only if

5 points

his aggregate turnover in a financial year exceeds Rs. 20 lacs (Rs. 10 lacs in case of Special Category States).

his aggregate turnover in a financial year exceeds Rs. 10 lacs (Rs. 20 lacs in case of Special Category States).

Both the above

None of the above

Choose the right supporting statement. Business which has centralized registration under existing act

5 points

Shall obtain a centralized registration under GST Law

Shall obtain separate registration in each state from where it is making taxable supplies

Shall obtain registration on temporary basis.

No need to apply for registration under GST.

Whether Ecommerce Operator is required to register in GST even if value of Supply is less than 20 lakh?

5 points

Yes

No

What is the maximum rate prescribed under CGST?

5 points

12%

28%

14%

18%

A Normal Taxpayer need to file total ______ Returns under GST in a year. As per Original GST Process

5 points

37

30

24

12

Can a registered person under Composition Scheme claim input tax credit?

5 points

Yes

No

Input tax credit on inward supply of goods only can be claimed

Input tax credit on inward supply of services only can be claimed

The value of supply of goods and services shall be the

5 points

Transaction value

MRP

Market Value

None of them

A normal registered taxpayer has to file the outward supply details in

5 points

GSTR-2A

GSTR-1A

GSTR-2

GSTR-1

What is the rate applicable under CGST to a registered person being a manufacturer opting to pay taxes under composition scheme?

5 points

1%

0.5%

0%

No Composition for Manufacturer

What is the threshold limit of turnover in the preceding financial year for opting to pay tax under composition scheme?

5 points

Rs. 150 lakh

Rs. 50 lakh

Rs. 20 lakh

Rs. 10 lakh

An invoice must be issued

5 points

At the time of removal of goods

On transfer of risks and rewards of the goods to the recipient

On receipt of payment for the supply

Earliest of the above dates.

Which of the following will not be considered as eligible duties and taxes?

5 points

Additional duty leviable u/s 3(5) of the CTA

Basic Customs Duty

Central Excise

Service Tax

What will be a Taxable Event in GST?

5 points

Manufacture

Taxable Supply of Goods and Services

Both of the above

None of the Above

What is the time limit for taking registration by a Casual Taxable person?

5 points

Within 30 days

At least 5 days prior to commencement of business

After 5 days of commencement of business

None of the above

Within how many days a person should apply for registration?

5 points

Within 60 days from the date he becomes liable for registration

Within 30 days from the date he becomes liable for registration

No Time Limit

Within 90 days from the date he becomes liable for registration

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