Faq Company Law Icai

Set 1 MCQ
1. The headquarters of GST council is located at _______.

A) New Delhi
B) Lucknow
C) Ahmadabad
D) Mumbai
Answer : A
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2. Which state became the first state of India to ratify GST bill?
A) Bihar
B) Telangana
C) Assam
D) Andhra Pradesh
Answer : C
3. GST Stands for

A) Goods and Supply Tax
B) Government Sales Tax
C) Goods and Services Tax
D) General Sales Tax
Answer : C
4. In India GST became effective from

A) 1st April, 2017
B) 1st January, 2017
C) 1st July, 2017
D) 1st March, 2017
Answer : C
5. In India GST came effective from July 1st, 2017 India has chosen _______ model of dual
â€“ GST.
A) USA
B) UK
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Set 1 MCQ
C) Canadian
D) China
Answer : C
6. Indian GST model has _________rate structure.

A) 3
B) 4
C) 5
D) 6
Answer : B
7. What does â€œIâ€• stands for in IGST?

A) International
B) Internal
C) Integrated
D) Intra
Answer : C
8. How many types of taxes will be in Indian GST?

A) 2
B) 3
C) 4
D) 5
Answer : B
9. First announcement to introduce GST by 2010, is made in Year

A) 2000
B) 2004
C) 2006
D) 2008
Answer : C

Set 1 MCQ
10. Which of the following tax is not subsumed in GST

A) VAT
B) Stamp Duty
C) Entry Tax
D) Entertainment Tax
Answer : B
11. What are the taxes levied on an Intra-State Supply?

A) CGST
B) SGST
C) CGST and SGST
D) IGST
Answer : C
12. What is the maximum rate prescribed under CGST?

A) 12%
B) 20%
C) 28%
D) 18%
Answer : B
13. Which of the following taxes will be levied on Imports of goods and services?
A) CGST
B) SGST
C) IGST
D) Exempt
Answer : C
14. Maximum rate prescribed under UTGST/SGST?

A) 14%

Set 1 MCQ
B) 20%
C) 28%
D) 30%
Answer : A
15. How will the goods and services be classified under GST regime?
A) SAC/HSN Code
B) HSN Code
C) SAC Code
D) GST Code
Answer : A
16. HSN Code Stands for

A) Home Shopping Network
B) Harmonised System of Nomenclature
C) Harmonised System Number
D) Home State Number
Answer : B
17. SAC Code Stands for

A) Services Accounting Code
B) Software Accounting Code
C) System Accounting Code
D) Service Application Code
Answer : A
18. Is there any ceiling limit prescribed on the rate under IGST?
A) 12%
B) 18%
C) 28%
D) 40%
Answer : D

Set 1 MCQ
19. Which of the following is an intrastate supply?

A) Supplier of goods located in Nagpur and place of supply of goods SEZ located in Mumbai
B) Supplier of goods located in Kolkata and place of supply of goods in Bangalore
C) Supplier of goods located in Goa and place of supply of goods in Goa
D) All the above
Answer : C
20. Place of supply in case of installation of elevator is

A) Where the movement of elevator commences from the supplierâ€™s place.
B) Where the delivery of elevator is taken.
C) Where the installation of elevator is made.
D) Where address of the recipient is mentioned in the invoice.
Answer : C
21. What is location of supply in case of importation of goods?

A) Customs port where the goods are cleared
B) Location of the importer
C) Place where the goods are delivered after clearance from customs port
D) Owner of the goods
Answer : B
22. What is the threshold limit of turnover in the preceding financial year for opting to pay tax
under composition scheme?
A) Rs.20 lacs
B) Rs.50 lacs
C) Rs.75 lacs
D) None of the above
Answer : C
23. What is the rate applicable under CGST to a registered person being a hotelier opting to

Set 1 MCQ
pay taxes under composition scheme?

A) 1%
B) 0.5%
C) 2.5%
Answer : C
24. Which one of the following is true?

A) A person can collect tax only he is registered
B) Registered person not liable to collect tax till his aggregate turnover exceeds threshold limit
C) A person can collect the tax during the period of his provisional registration
Answer : A
25. Which form is to be used for registration?

A) Form GSTR -1A B.
B) Form GSTR â€“ 2
C) Form GST REG-01
D) Form GST REG
Answer : C
26. PAN issued under the Income Tax Act is mandatory for grant of registration.
A) It is one of the document listed.
B) Yes, but non-resident taxable person may be granted registration on the basis of any other
document.
C) No, for persons who are required to deduct tax at source u/s 51 shall have TAN in lieu of
PAN.
D) Both (b) and (c)
Answer : D
27. For an E-commerce operator registration threshold limit is?

A) Rs.20 lacs

Set 1 MCQ
B) Rs.50 lacs
C) Rs.75 lacs
D) None of above
Answer : D
28. What is the validity of the registration certificate?

A) Five years
B) Ten years
C) No validity
D) Valid till it is cancelled
Answer : D
29. Which of the following requires amendment in the registration certificate?

A) Change of name of the registered person
B) Change in constitution of the registered person
C) Switching over form composition scheme to normal scheme or vice versa.
D) All of the above
Answer : D
30. How a person can apply for registration?

A) Filing FORM GST REG-01 along with necessary documents with the jurisdictional proper
officer.
B) Filing FORM GST REG-01 electronically in the common portal and uploading the required
documents along with the application.
C) Uploading necessary documents electronically in the common portal and also submitting
manually to the jurisdictional proper officer.
Answer : B
31. Under what circumstances physical verification of business premises is mandatory?

A) Physical verification of business premises is a discretionary power of proper officer.
B) If additional information for registration asked by the proper officer is not submitted within

Set 1 MCQ
specified time.
C) If certificate of registration is obtained on misrepresentation of facts.
D) If photograph of the business premise is not uploaded in the common portal within
specified time.
Answer : A
32. Business which has centralized registration under existing Acts

A) Shall obtain a centralized registration under GST Law.
B) Shall obtain separate registration in each state from where it is making taxable supplies.
C) Shall obtain registration on temporary basis.
D) No need to apply for registration under GST.
Answer : B
33. Can a registered person opt for composition scheme only for one out of his 5 business
different units having same Permanent Account Number?
A) Yes
B) No
C) Yes, with prior approval of the Central Government
D) Yes, subject to prior approval of the GST Council
Answer : B
34. Can a registered person under Composition Scheme claim input tax credit?
A) Yes
B) No
C) Input tax credit on inward supply of goods only can be claimed
D) Input tax credit on inward supply of services only can be claimed
Answer : B
35. When does liability to pay GST arise in case of supply of goods?
A) On raising of invoice
B) At the time of supply of goods
C) On receipt of payment

Set 1 MCQ
D) Earliest of any of above

Answer : D
36. What is date of receipt of payment?

A) Date of entry in the books
B) Date of payment credited into bank account
C) Earlier of (a) and (b)
D) Date of filing of return
Answer : C
37. The value of supply of goods and services shall be the

A) Transaction value
B) MRP
C) Market Value
D) None of above
Answer : A
38. When can the transaction value be rejected for computation of value of supply
A) When the buyer and seller are not related and price is not the sole consideration
B) When the buyer and seller are related or price is not the sole consideration
C) It can never be rejected
D) When the goods are sold at very low margins
Answer : B
39. What deductions are allowed from the transaction value

A) Discounts mention on invoice
B) Packing Charges mention on invoice
C) Any amount paid by customer on behalf of the supplier
D) Freight charges mention on invoice
Answer : A

Set 1 MCQ
40. Whether credit on capital goods can be taken immediately on receipt of the goods?
A) Yes
B) After usage of such capital goods
C) After capitalizing in books of Accounts
Answer : A
41. When can a registered person avail credit on inputs?

A) on receipt of goods
B) on receipt of documents
C) Both
Answer : C
42. In case supplier has deposited the taxes but the receiver has not received the goods, is
receiver entitled to avail credit?
A) Yes, it will be automatically show in recipient monthly returns.
B) No, as one of the conditions of section 16(2) is not fulfilled.
C) Yes if the receiver can prove later that goods are received subsequently
Answer : B
43. Input tax credit on capital goods and Inputs can be availed in
A) In thirty six installments
B) In twelve installments
C) In one installment
D) In six installments
Answer : C
44. The time limit to pay the value of supply with taxes
A) 90 days
B) 6 months

Set 1 MCQ
C) 180 days
D) 365 days
Answer : C
45. Whether credit can be availed without actual receipt of goods where goods are transferred
through transfer of document of title before or during the movement of goods?
A) Yes
B) No
C) Yes, in specific instances
D) Can be availed only after transfer of document of title after movement of goods
Answer : C
46. Whether depreciation on tax component of capital goods and Plant and Machinery and
whether input tax credit (ITC) is Permissible?
A) Yes
B) No
C) Input tax credit is eligible if depreciation on tax component is not availed
Answer : C
47. For capital goods, proportionate credit is allowed

A) for business and non-business purpose
B) for business or non- business purpose
C) both of the above
D) none of the above
Answer : A
48. Banking company or Financial Institution have an option of claiming ITC:

A) Actual Credit or 50% credit
B) Only 50% Credit
C) Only cctual credit
D) Actual credit and 50% credit

Set 1 MCQ
Answer : A
49. Any input tax paid on purchase of goods or services by an assessee for employees is
eligible for ITC?
A) No
B) Yes
C) Yes, on the services notified which are obligatory for an employer to provide to its
employees under any law for the time being in force
D) Not applicable
Answer : C
50. Mr. A obtains new registration, voluntary registration, change of scheme from composition
to regular scheme and from exempted goods/services to taxable goods/services. He can avail
credit on inputs lying in stock. What is the time limit for taking said credit
A) 1 year from the date of invoice
B) 3 year from the date of invoice
C) 5 year from the date of invoice
Answer : A

Set 2 MCQ
1. Can Mr. A avail credit on Input services or capital goods held in stock, in case of new
registration/voluntary Registration
A) Yes
B) No
C) Yes on Input services only
D) Yes on capital goods only
Answer : B
2. Is Input tax to be reversed in case of supply of capital goods

A) Yes fully
B) No
C) Yes, to extent of credit taken as reduced by prescribed percentage or tax on transaction
value whichever is higher
D) Yes to the extent of transaction value of such goods
Answer : C
3. The time limit beyond which if goods are not returned, the input sent for job work shall be
treated as supply
A) One year
B) Three years
C) Six months
D) Five years
Answer : A
4. The time limit beyond which if goods are not returned, the capital goods sent for job work
shall be treated as supply
A) One year
B) Three Years
C) Six months
D) Five years
Answer : B

Set 2 MCQ
5. Is the principal entitled for credit of goods though he has not received the goods and has
been sent to job worker directly by vendor
A) Yes
B) No
C) Yes vendor should be located in same place
Answer : A
6. A person is entitled to take credit of input tax as self-assessed in the return and credited to
Electronic credit ledger on
A) Final basis
B) Provisional basis
C) Partly Provisional and partly final basis
Answer : B
7. Provisional Input tax credit can be utilized against

A) Any Tax liability
B) Self Assessed output Tax liability
C) Interest and Penalty
D) Fine
Answer : B
8. Matching of Input Tax credit on inward supply by recipient is undertaken with

A) Monthly return filed by the supplier
B) Outward supply filed by the supplier
C) Invoices maintained by the supplier
Answer : B

Set 2 MCQ
9. If there is Mis-match of supplierâ€™s outward supply and recipientâ€™s claim for Input
Tax credit on the same transaction
A) It shall be added as output tax liability in the hands of receiver.
B) It shall be reduced as output tax liability in the hands of receiver.
C) It shall be increased as input tax credit in the hands of receiver.
D) It shall be deceased as input tax credit in the hands of supplier
Answer : A
10. Input Tax credit as credited in Electronic Credit ledger can be utilized for
A) Payment of Interest
B) Payment of penalty
C) Payment of Fine
D) Payment of Taxes
Answer : D
11. Tax invoice must be issued by________

A) Every supplier
B) Every taxable person
C) Registered persons not paying tax under composition scheme
D) All the above
Answer : C
12. A bill of supply can be issued in case of inter-State and intra-State:

A) Exempted supplies
B) Supplies by composition suppliers;
C) Supplies to unregistered persons;
D) None of the above.
Answer : A
13. An invoice must be issued:

A) At the time of removal of goods.
B) On transfer of risks and rewards of the goods to the recipient;

Set 2 MCQ
C) On receipt of payment for the supply;

D) Earliest of the above dates.
Answer : A
14. An acknowledgement must be given on receipt of advance payment in respect of supply of

goods or services:
A) Yes, in the form of a proforma invoice;
B) Yes, as a receipt voucher.
C) Yes, the invoice must be raised to that extent;
Answer : B
15. A continuous supply of goods requires one of the following as a must:

A) The goods must be notified by the Commissioner in this behalf;
B) The contract for supply lasts for a minimum period of 3 months;
C) The supply is made by means of a wire, cable, pipeline or other conduit;
D) Supplier invoices the recipient on a regular or periodic basis.
Answer : D
16. The registered recipient must issue an invoice in the following cases:
A) The supplier fails to issue an invoice;
B) The supplier is unregistered.
C) The goods or services received notified for tax on reverse charge basis;
D) All of the above.
Answer : B
17. In case of goods sent on sale on approval basis, invoice has to be issued:
A) while sending the goods; another Invoice has to be issued by the recipient while rejecting
the goods;
B) while sending the goods but the recipient can take credit only when the goods are accepted
by him;
C) when the recipient accepts the goods or six months from the date of supply whichever

Set 2 MCQ
isearlier.
D) when the recipient accepts the goods or three months from the date of supply whichever is
earlier.
Answer : C
18. The books and other records U/S 35 are to be maintained at

A) Place where the books and accounts are maintained
B) Place of address of the Proprietor/ Partner/Director/Principal Officer
C) Principal place of business mentioned in the Certificate of Registration
D) Any of the above
Answer : C
19. Accounts are required to be maintained in

A) Manual form
B) Electronic form
C) Manual and electronic form
D) Manual or electronic form
Answer : D
20. Can all the records be maintained in an electronic form?

A) Yes
B) Only if authenticated by digital signature
C) Few records
D) No
Answer : B
21. First Return filed under GST is

A) GSTR-1
B) GSTR-3A
C) GSTR-2
D) GSTR-3B
Answer : D

Set 2 MCQ
22. The details of outward supplies of goods or services shall be submitted by

A) 10th of the succeeding month
B) 18th of the succeeding month
C) 15th of the succeeding month
D) 20th of the succeeding month
Answer : A
23. Every registered taxable person shall be entitled to take credit of input tax in his return and
such input tax credit shall be credited to
A) Personal Ledger Account
B) Refund account
C) Electronic Cash Ledger
D) Electronic Credit Ledger
Answer : D
24. Any registered taxable person who fails to furnish the details and file the return within the
due date prescribed shall be liable to
A) Interest at the rate of 1% per month
B) Late fee of Rs. 100 for every day up to Rs. 5000
C) Both (a) and (b)
Answer : B
25. Which of these registers/ledgers are maintained online?

A) Tax liability register
B) Credit ledger
C) Cash ledger
D) All of them
Answer : D

Set 2 MCQ
26. Payment made through challan will be credited to which registers/ledgers?

A) Electronic Tax liability register
B) Electronic Credit ledger
C) Electronic Cash ledger
D) All of them
Answer : C
27. Balance in electronic credit ledger can be utilized against which liability?
A) Output tax payable
B) Interest payable
C) Penalty
D) All of above
Answer : A
28. Balance in electronic credit ledger under IGST can be used against which liability?
A) IGST Liability only
B) IGST and CGST liability
C) IGST, CGST and SGST liability
D) None of them
Answer : C
29. Balance in electronic credit ledger under CGST can be used against which liability?
A) CGST Liability only
B) CGST and IGST liability
C) CGST, IGST and SGST liability
D) None of them
Answer : B
30. Balance in electronic credit ledger under SGST can be used against which liability?
A) SGST Liability only
B) SGST and IGST liability
C) SGST, IGST and CGST liability

Set 2 MCQ
D) None of them
Answer : B
31. What is the due date for payment of tax?

A) Last day of the month to which payment relates
B) Within 10 days of the subsequent month
C) Within 20 days of the subsequent month
D) Within 15 days of the subsequent month
Answer : C
32. What is the rate of TDS?

A) 1%
B) 4%
C) 5%
D) 18%
Answer : A
33. Who is considered as an e-commerce operator, who _____________digital or electronic

facility or platform for electronic commerce
A) Owns
B) Operates
C) Manages
D) Any of the above
Answer : D
34. When an e-commerce operator is required to register under GST?

A) When he is required to collect tax at source u/s 52
B) When his aggregate turnover exceeds the threshold limit
C) When he is required to discharge tax on the taxable supply or services made by the supplier
through him u/s 9(5)
D) It is mandatory to register irrespective of the threshold limit.
Answer : D

Set 2 MCQ
35. Refunds will not be allowed in cases of:-

A) Exports made on payment of tax
B) Exports made without payment of tax
C) Where tax on inputs are higher than tax on outputs
D) All of the above
Answer : A
36. The Tourist can claim Refund of following taxes paid

A) CGST and SGST/UTGST on supply of Goods and services
B) IGST on supply of goods consumed in Jammu & Kashmir
C) Tax paid on the supply of scotch to be taken out of India
Answer : D
37. How many countries have dual â€“ GST model?

A) 5
B) 8
C) 10
D) None of these
Answer : D
38. Which of the following country is the first one to implement GST?
A) USA
B) France
C) China
D) Switzerland
Answer : B
39. Which of the following country has the maximum GST tax slab?
A) Greece

Set 2 MCQ
B) China
C) India
D) Australia
Answer : C
40. Which of the following country has the second highest tax slab?
A) Australia
B) Netherland
C) Argentina
D) Ireland
Answer : C
41. The tax IGST charged by _________Government.

A) Central
B) State
C) Concerned department
D) Both a and b
Answer : A
42. The maximum rate prescribed under IGST now is _______.

A) 5%
B) 12%
C) 18%
D) 28%
Answer : D
43. In India GST was first proposed in _______.

A) 1993
B) 1996
C) 1999
D) 2000
Answer : D

Set 2 MCQ
44. GST comes under which amendment bill?

A) 118
B) 120
C) 122
D) 115
Answer : C
45. Under which Act GST was introduced?

A) 100
B) 101
C) 102
D) 103
Answer : B
46. GST council formation based on Article number _______.

A) 279A
B) 289A
C) 266A
D) 255A
Answer : A
47. The headquarters of GST council is _______.

A) Mumbai
B) New Delhi
C) Ahmadabad
D) Hyderabad
Answer : B
48. Who is the chairman of GST council?

A) President of India

Set 2 MCQ
B) Prime Minister
C) Finance Minister
D) RBI Governor
Answer : C
49. _______ is GST Finance Ministers First Panel Chairman.

A) Amit Mishra
B) Amit Malhodra
C) Amit Chandresekar
D) Amit Sastri
Answer : A
50. _______ is the first state to ratify GST bill.

A) Andhra Pradesh
B) Assam
C) Arunachal Pradesh
D) Bihar
Answer : B

Set 3 MCQ
1. The subsumption of which taxes will make the GST â€“ a pucca Destination based
Consumption Tax
A) CST and Central Excise
B) VAT and Luxury Tax
C) Service Tax and Purchase Tax
D) Taxes on Lotteries and Entertainment Tax
Answer : A
2. When did GST come into effect in India?

A) 30th June 2017
B) 1st April 2017
C) 1st January 2017
D) 1st July 2017
Answer : D
3. The Items which will be taxable both under current Central Excise Law and new GST even
after the implementation of the GST Act.
A) Motor Spirit
B) Alcoholic Liquor for Human Consumption
C) Tobacco and Tobacco Products
D) Natural Gas
Answer : C
4. The calculation of the aggregate turnover to decide the Taxable Minimum Turnover will be
based on
A) State Wise Turnover Basis
B) All India Turnover Basis
C) State Wise Turnover excluding Export
D) All India Turnover excluding Export
Answer : B

Set 3 MCQ
5. The Dealers who are not eligible for any Threshold Limit in the minimum Registrable
Turnover?
A) Casual Dealers and Non-Resident Taxable Persons
B) Input Service Distributors and Dealers making supply through Electronic Commerce
Operator
C) Dealers making interstate Supplies and those having Reverse tax Liability
D) All of the Above
Answer : D
6. Aggregate Turnover Limit for Opting Compounding Scheme

A) 50/-Lakhs
B) 60/-Lakhs
C) 1 Crore
D) 1.5 Crore
Answer : A
7. Dealers not eligible for Opting Compounding Scheme

A) Exporters
B) Importers
C) Interstate Suppliers and those liable to remit Tax on Reverse Charge Basis
D) Manufacturing dealers
Answer : C
8. The permissible order of cross utilisation of IGST credit over the tax liabilities
A) SGST, CGST and IGST
B) IGST, CGST and SGST
C) CGST, IGST and SGST
D) CGST, SGST and IGST
Answer : B
9. The Tax applicable to interstate supplies will be:

A) SGST Only

Set 3 MCQ
B) CGST Only
C) IGST Only
D) CGST + IGST
Answer : C
10. The recommendation of the GST Council will be

A) Mandatory
B) Only Advisory Power
C) Mandatory and sometimes Advisory
D) Mandatory on States only
Answer : B
11. Whether Alcoholic Liquor for industrial and other usages is taxable under GST?
A) No
B) Yes
C) Exempted
D) Non-Taxable
Answer : B
12. The decision of the GST Council should be taken based on majority votes not less than:
A) Â½ of the weighted votes
B) 2/3 rd of the weighted votes
C) 1/3 rd of the weighted votes
D) 3/4th of the Weighted Votes
Answer : D
13. Who is the Chairman & Head of the GST Council Meeting?
A) Prime Minister
B) President
C) Union Finance Minster
D) State Finance Minister nominated by GST Council
Answer : C

Set 3 MCQ
14. The weightage of the votes of the Central Government in GST Council Decision will be
A) Â½ of the votes
B) 2/3 rd of the votes
C) 1/3 rd of the votes
D) 3/4th of the Votes
Answer : C
15. The quorum required for a meeting of the GST Council will be
A) Â½ of the members
B) 2/3 rd of the members
C) 1/3 rd of the members
D) 3/4th of the members
Answer : A
16. The first state which ratified the GST Bill in India
A) Kerala
B) Bihar
C) Jharkhand
D) Assam
Answer : D
17. The number of sections, chapters and Schedules involved in the Model GST Law
A) 162 Sections, 25 Chapters and 4 Schedules
B) 126 Sections, 52 Chapters and 3 Schedules
C) 101 Sections, 21 Chapters and 2 Schedules
D) 102 Sections, 20 Chapters and 1 Schedule
Answer : A
18. The Accounting Standard which states about Business Vertical is

A) AS-18

Set 3 MCQ
B) AS-17
C) AS-16
D) AS-7
Answer : B
19. The permissible number of business verticals in a State in GST will be:
A) 25
B) 30
C) 35
D) 40
Answer : C
20. Minimum Service periods required to constitute a continuous supply of services with
periodic payment
A) Exceeding 6 months
B) 6 Months
C) Exceeding 3 months
D) 3 months
Answer : C
21. Electronic Credit Ledger is Credited by:

A) Cash Deposit towards Tax remittance
B) IPT on IGST,CGST and SGST
C) Cash Deposit towards Fees,Fine,Interest and Penalty
D) Advance tax Remittance
Answer : B
22. CGST and SGST will be levied on;

A) Intra-state supply
B) Inter-state supply
C) Import
D) Export

Set 3 MCQ
Answer : A
23. Electronic Cash Ledger is credited by

A) Cash Deposit towards Tax remittance, Fine, Interest and Penalty
B) IPT on IGST,CGST and SGST
C) Cash Deposit towards Fees, Fine, Interest and Penalty Only
D) Advance tax Remittance Only
Answer : A
24. Which one of the following shall not be treated as supply?

A) Rental
B) Lease
C) Actionable claim
D) License
Answer : C
25. Input Means:

A) Any Goods Excluding Capital Goods
B) Any Goods including Capital Goods
C) Capital Goods Only
D) Capital goods used for the furtherance of the Business
Answer : A
26. Works contract is;

A) Supply of goods
B) Supply of services
C) Supply of both
D) Neither supply of goods nor supply of services
Answer : B
27. The Registration to be taken by an ISD will be:

Set 3 MCQ
A) IGST Registration
B) SGST Registration
C) SGST and CGST Registration
D) ISD Registration
Answer : D
28. On which one of the following items, GST will be levied;

A) Aviation fuel
B) Liquefied petroleum Gas
C) Natural Gas
D) High Speed Diesel oil
Answer : B
29. Suppose One Dealer is not eligible for Composition of Tax. But, remitted Tax Under that
scheme. What will be the volume of the compulsory Penalty
A) No Penalty at all
B) Equal Amount of Tax leviable under Normal Scheme
C) Two Times of the tax leviable under Normal Scheme
D) Three Times of the tax Levi able under Normal Scheme
Answer : B
30. The maximum rate that can be levied as CGST or SGST will be at;
A) 18 %
B) 20%
C) 18 %
D) 40%
Answer : B
31. The Tax Liability of the Central Government, State Government and Local Authorities
will be in respect of the activities or transactions in the status of a:
A) Welfare Authority
B) Public Authorities

Set 3 MCQ
C) General Administration
D) All of the above
Answer : B
32. Composition levy is applicable to the taxable persons whose aggregate turnover-
A) Did not exceed 50 lakh in the current year
B) Did not exceed 50 lakh in the preceding year
C) Did not exceed 60 lakh in the current year
D) Did not exceed 60 lakh in the preceding year
Answer : B
33. Zero Rated Supply means:

A) No OPT Liability .But, eligible for IPT Credit
B) No OPT Liability and No IPT Credit
C) Both OPT Liability and IPT Credit
D) None of the Above
Answer : A
34. IGST means ................... ?

A) Inter-state GST
B) Integrated GST
C) Import GST
D) International GST
Answer : B
35. In GST, the registration application approval is to be intimated by the respective

SGST/CGST Officials within :
A) 10 Common Working days in form GST REG-06
B) 7 Common Working days in form GST REG-06
C) 5 Common Working days in form GST REG-06
D) 3 Common Working days in form GST REG-06
Answer : D

Set 3 MCQ
36. The maximum rate of tax prescribed for manufactures in Composition levy is;(GST
+SGST)
A) 1 %
B) 5%
C) 0.5%
D) 2.5 %
Answer : B
37. The Tax which are levied on an intra-state or Local supply of goods and / or Services
A) SGST Only
B) CGST Only
C) Both SGST and CGST
D) IGST Only
Answer : C
38. Whether the dealers making the exclusive supply of Liquor or Petrol, Diesel and Crude Oil
should have to take registration under GST Act?
A) Yes
B) No
C) Optional
D) Either (A) or (C)
Answer : B
39. ......................... tax is levied on inter-state supply of goods and services?

A) CGST
B) SGST
C) IGST
D) VAT
Answer : C

Set 3 MCQ
40. Who is called a Deemed Supplier of Services?

A) Job Worker
B) ISD
C) Agent
D) Sister Concern
Answer : B
41. What are different types of supplies covered under the scope of Supply under CGST Act
2017?
A) Supplies made with consideration
B) Supplies made without consideration
C) Both of the above
Answer : C
42. Which of the following taxes will be levied on Imports?

A) CGST
B) IGST
C) SGST
D) Exempt
Answer : B
43. Which of the following taxes would be levied on an intra-State supply of goods or services
or both
A) CGST
B) Union territory tax
D) IGST
Answer : C
44. Is there any maximum rate prescribed under UTGST?

Set 3 MCQ
A) 14%
B) 20%
C) 28%
D) 30%
Answer : B
45. What is time of supply of goods liable to tax under reverse charge mechanism?
A) Date of receipt of goods
B) Date on which the payment is made
C) Date immediately following 30 days from the date of issue of invoice by the supplier
D) Earlier of a/b/c
Answer : D
46. What is the time of supply of vouchers when the supply with respect to the voucher is
identifiable?
A) Date of issue of voucher
B) Date of redemption of voucher
C) Earlier of (a) & (b)
D) (a) & (b) whichever is later
Answer : A
47. What is the time of supply of service for the supply of taxable services up to Rs.1000 in
excess of the amount indicated in the taxable invoice?
A) At the option of the supplier â€“ Invoice date or Date of receipt of consideration
B) Date of issue of invoice
C) Date of receipt of consideration.
D) Date of entry in books of account
Answer : A
48. How is the date of receipt of consideration by the supplier determined?

A) Date on which the receipt of payment is entered in the books of account
B) Date on which the receipt of payment is credited in the bank account

Set 3 MCQ

Answer : C
49. What is the time of supply of service in case an associated enterprise receives services
from the service provider located outside India?
A) Date of entry in the books of account of associated enterprise(recipient)
B) Date of payment
D) Date of entry in the books of the supplier of service
Answer : C
50. If the CGST department is not satisfactory with the decision or order passed by the
Adjudicating Authority, what will be the Option available?
A) If the CGST department is not satisfactory with the decision or order passed by the
Adjudicating Authority, what will be the Option available?
B) File First Appeal before the FAA within 3 months with another 1 month of condonable
delay
C) Either (A) or (B)
D) Both (A) and (B)
Answer : D

Set 4 MCQ
1. What are the factors differentiating Composite Supply & Mixed Supply CGST Act 2017?
A) Nature of bundling i.e. artificial or natural
B) Existence of Principal Supply
Answer : C
2. What is the time of supply of vouchers when the supply with respect to the voucher is not
identifiable?
A) Date of issue of voucher
B) Date of redemption of voucher
Answer : B
3. The value of supply should include

A) Any non-GST taxes, duties, cesses, fees charged by supplier separately
B) Interest, late fee or penalty for delayed payment of any consideration for any supply
C) Subsidies directly linked to the price except subsidies provided by the Central and State
Government
D) All of the above
Answer : D
4. The term â€œused in the course or furtherance of businessâ€• means?

A) It should be directly co related to output supply
B) It is planned to use in the course of business
C) It is used in the course of business
D) It is used in the course of business for making outward supply
Answer : C
5. Under section 16(2) of CGST Act how many conditions are to be fulfilled for the

Set 4 MCQ
entitlement of credit?
A) All the conditions
B) Any two conditions
C) Conditions not specified
Answer : A
6. Whether credit on inputs should be availed based on receipt of documents or receipt of

goods
A) Receipt of goods
B) Receipt of Documents
C) Both
D) Either receipt of documents or Receipt of goods
Answer : C
7. In case supplier has deposited the taxes but the receiver has not received the documents, is
receiver entitled to avail credit?
A) Yes it will be auto populated in recipient monthly returns
B) No as one of the conditions of 16(2) is not fulfilled
C) Yes if the receiver can prove later that documents are received subsequently
Answer : B
8. The time limit to pay the value of supply with taxes to avail the input tax credit?
A) Three months
B) Six Months
C) One hundred and eighty days
D) Till the date of filing of Annual Return
Answer : C
9. Who will notify the rate of tax to be levied under CGST?

Set 4 MCQ
A) Central Government suo moto

B) State Government suo moto
C) GST Council suo moto
D) Central Government as per the recommendations of the GST Council
Answer : D
10. What are the supplies on which reverse charge mechanism would apply?
A) Notified categories of goods or services or both
B) Inward supply of goods or services or both from an unregistered dealer
Answer : C
11. When does the liability to pay GST arise in case of supply of goods?
A) On raising of invoice
B) At the time of supply of goods
C) On receipt of payment
D) Earliest of a ,b or c
Answer : B
12. What is time of supply of goods under CGST Act, 2017?

A) Date of issue of invoice Time and Value of Supply 23 Indirect Taxes Committee
B) Date of receipt of consideration by the supplier
C) Date of dispatch of goods
D) Earlier of (a) & (b)
Answer : D
13. Can the recipient avail the Input tax credit for the part payment of the amount to the
supplier within one hundred and eighty days?
A) Yes on full tax amount and partly value amount
B) No he canâ€™t until full amount is paid to supplier
C) Yes but proportionately to the extent of value and tax paid Input Tax Credit 53 Indirect

Set 4 MCQ
Taxes Committee
D) Not applicable
Answer : B
14. Whether credit can be availed without actual receipt of goods where goods are transferred
through transfer of document of title before or during the movement of goods?
A) Yes
B) No
C) Yes, in specific instances
D) Can be availed only after transfer of document of title after movement of goods
Answer : C
15. Whether depreciation on tax component of capital goods and Plant and Machinery and
whether input tax credit is Permissible?
A) Yes
B) No
C) Input tax credit is eligible if depreciation on tax component is not availed
Answer : C
16. Any input tax paid on purchase of goods or services by an assessee for employees is
eligible?
A) No
B) Yes
C) Yes, on the services notified which are obligatory for an employer to provide to its
employees under any law for the time being in force
D) Not applicable
Answer : C
17. An assessee obtains new registration, voluntary registration, change of scheme from
composition to regular scheme and from exempted goods/services to taxable goods/services. It

Set 4 MCQ
can avail credit on inputs lying in stock. What is the time limit for taking said credit
A) 1 year from the date of invoice
B) 3 year from the date of invoice
C) 5 year from the date of invoice
Answer : A
18. Eligibility of credit on capital goods in case of change of scheme from Composition
scheme to Regular scheme
A) Eligible during application for Regular scheme
B) Not eligible
C) Yes Immediately before the date from which he becomes liable to pay tax under the
Regular scheme
Answer : C
19. Can the unutilized input tax credit be transferred in case of change in constitution of
business?
A) Not possible
B) No, it will be exhausted
C) Yes, It will be transferred only if there is provision for transfer of liabilities
D) It will be transferred only if it is shown in books of Accounts of transferor
Answer : C
20. Which of the following persons can opt for composition scheme?
A) Person making any supply of goods which are not leviable to tax under this Act;
B) Person making any inter-State outward supplies of goods;
C) Person effecting supply of goods through an e-commerce operator liable to collect tax at
source
Answer : D

Set 4 MCQ
21. What is the rate applicable under CGST to a registered person being a manufacturer opting
to pay taxes under composition scheme?
A) 2.5%
B) 1%
C) 0%
D) No composition for manufacturer
Answer : B
22. If there is no common conclusion between the 2 members of AAAR, what will be the next
option?
A) Decide based on the Majority by designating one more member to the AAAR for the time
being
B) No Advance Ruling at the level of AAAR
C) Reject the Advance ruling Application
D) Any of the Above
Answer : B
23. If any of the parties are aggrieved by the advance ruling of the AAR, what will be the
option available to the dealer or CGST/SGST Officials?
A) File appeal before the AAAR
B) Refer the case for the revision Order of the Commissioner
C) Approach the Tribunal
D) Any of the Above
Answer : A
24. The prescribed time period for the filing of appeal against the Advance Ruling will be:
A) Within 30 days of the receipt of the advance ruling
B) Within 60 days of the receipt of the advance ruling
C) Within 90 days of the receipt of the advance ruling
D) Within 180 days of the receipt of the advance ruling
Answer : A

Set 4 MCQ
25. The prescribed time period for the disposal of an appeal against the Advance Ruling?
A) Within 30 days of the filing of the appeal
B) Within 60 days of the filing of the appeal
C) Within 90 days of the filing of the appeal
D) Within 180 days of the filing of the appeal
Answer : C
26. The prescribed time period for the rectification of any error apparent on the face record in
advance ruling or order in appeal against advance ruling?
A) Within 1 month from the date of order
B) Within 2 month from the date of order
C) Within 3 month from the date of order
D) Within 6 month from the date of order
Answer : D
27. Who will be the authority for filing further appeal against the Revision Order of the SGST
Commissioner?
A) Tribunal
B) High Court
C) Supreme Court
D) Any of the above in the order of (A), (B) and (C)
Answer : D
28. What will be the proposed structure of a Tribunal in GST?

A) National Appellate Tribunal Headed by National President
B) State Appellate Tribunal as branch of the National Tribunal headed by State President
C) Judicial Members, Technical Members of SGST and CGST
D) All of the Above
Answer : D

Set 4 MCQ
29. What is the restriction set forth to the National President or State President or Members
after ceasing to hold the office of a Tribunal?
A) No right to appear before the National Tribunal or its branch at each states or UT being an
A/R
B) No Such Restrictions at all
C) Restrictions only in the native state of the Tribunal Members
D) Restrictions only to appear before the National Bench of the Tribunal
Answer : A
30. The discretionary threshold limit of the Tribunal to not to admit any appeal will be:
A) 5/-Lakh or Less
B) 3/-Lakh or Less
C) 1/-Lakh or Less
D) No Such Discretionary Threshold Limit
Answer : C
31. The time limit for filing an appeal before the Tribunal will be:
A) Within 6 Months from the date of the communication of the Order
B) Within 4 Months from the date of the communication of the Order
C) Within 3 Months from the date of the communication of the Order
D) Within 2 Months from the date of the communication of the Order
Answer : C
32. An appeal filed before the High Court should be heard by?
A) A Bench of not less than 2 judges based on majority opinion
B) A Bench of not less than 3 judges based on majority opinion
C) A Bench of not less than 5 judges based on majority opinion
D) A Bench of not less than 7 judges based on majority opinion
Answer : A
33. The permissible time period for the rectification of error apparent on the face of record in

Set 4 MCQ
the case of Adjudicating Authority and FAA will be:

A) Within 1 Months of the Order
B) Within 2 Months of the Order
C) Within 3 Months of the Order
D) Within 6 Months of the Order
Answer : D
34. What is the sole purpose of giving Advance Rulings in the form of clarifications?
A) To avoid long drawn and expensive litigation
B) To Protect the state /Central Revenue
C) To protect the business interest of the Dealers
D) Any of the Above
Answer : A
35. The normal time period for filing Cross Objections by the respondent in the case of an
appeal by either party will be :
A) 15 days from the date of receipt of the notice subject to delay condo nation
B) 30 days from the date of receipt of the notice subject to delay condo nation
C) 45 days from the date of receipt of the notice subject to delay condo nation
D) 60 days from the date of receipt of the notice subject to delay condo nation
Answer : C
36. The permissible time period for the rectification of an error apparent on the face of record
by the Tribunal will be:
A) 1 Month from the date of order
B) 2 Months from the date of order
C) 3 Months from the date of order
D) No such time limit.
Answer : C
37. Whether the FAA or Tribunal is empowered to enhance the tax liability or to reduce refund

Set 4 MCQ
in an appeal case?
A) Yes, subject to the issuance of the notice communicating the intention and giving
opportunity for personal hearing
B) Yes-without any further notice
C) Only to refer back such cases to the Adjudicating Authority
Answer : A
38. Who will be the final fact finding authority in a tax case?
A) FAA
B) Tribunal
C) HC
D) SC
Answer : B
39. Default Bench of Tribunal will be:

A) 3 members Bench consisting of One Member (Judicial),One Technical Member(CGST)
and One Member Technical(SGST)
B) 5 members Bench consisting of One Member (Judicial),One Technical Member(CGST)
C) 3 members Bench consisting of One Member (Judicial),One Technical Member(CGST)
D) At least 2 member Bench consisting of National/State President and One Technical
Member
Answer : A
40. The CGST second appeal before the Tribunal will be filed by:
A) CGST Commissioner
B) Review Committee comprising of 2 CGST Officers
C) Legal Wing of the CGST Department
D) Concerned Adjudicating Officer
Answer : B

Set 4 MCQ
41. If there is difference of opinion to the members of the Review Committee, what will be the
deemed inference?
A) A fit case of second appeal
B) An unfit case for second appeal
C) A case requiring legal opinion
D) A case to be referred in to the CGST Commissioner
Answer : A
42. After retirement, the indirect Tax Gazetted Officers having a minimum 2 yearsâ€™ service
as such are permitted to appear before the FAA and Tribunal after a period of?
A) One Year from Retirement
B) Two Years from Retirement
C) Three Years from retirement
D) Four Years from Retirement
Answer : A
43. The appeal against the judgment of the Tribunal which relates to a matter where two or
more states, or a state and centre have different opinions regarding its nature of sales or place
of supply, who will be next competent authority to file next appeals?
A) Single Bench of the High Court situated in the native state of the Appellant
B) Division Bench of the High Court in the native state of the Appellant
C) Supreme Court
D) Any of the Above
Answer : C
44. The permissible time period to file appeals before the High Court in the normal course will
be:
A) Within 30 days from the date of receipt of the Tribunal Order
B) Within 90 days from the date of receipt of the Tribunal Order
C) Within 60 days from the date of receipt of the Tribunal Order

Set 4 MCQ
D) Within 180 days from the date of receipt of the Tribunal Order
Answer : D
45. Suppose, the IGST Credit of ` 5/-Lakhs has been cross utilised to settle the SGST OPT of `
5/-Lakhs of a Kerala Dealer. The fund transfer will be:
A) 5/-Lakhs from IGST Fund will be transferred by Central government In to Kerala SGST
Fund
B) 5/-Lakhs from IGST Fund will be transferred by Central government In to Kerala SGST
Fund
C) 5/-Lakhs from CGST Fund will be transferred by Central government in to Kerala SGST
Fund
D) No Fund Transfer at all.
Answer : A
46. Suppose, the IGST Credit of ` 5/-Lakhs is cross utilised to settle the IGST OPT of `
5/-Lakhs of a Kerala Dealer. The fund transfer will be:
A) 5/-Lakhs from IGST Fund will be transferred by Central government In to Kerala SGST
Fund
B) 5/-Lakhs from SGST Fund will be transferred by Kerala government in to Central IGST
Fund
C) 5/-Lakhs from CGST Fund will be transferred by Central government in to Kerala SGST
Fund
D) No Fund Transfer at all.
Answer : D
47. Whether the supplies to UN Agencies are taxable under GST?

A) Yes
B) Taxable at Supply Point and Refundable subject to submission of Purchase statement as
and when purchases are made with their UID No.
C) Both (A) and (B)
Answer : C

Set 4 MCQ
48. The interstate purchases made by the Govt.deparmtnet not in the course of business are
treated as :
A) B2B Supplies
B) B2C Supplies
C) B2C Subject to the quoting of the Departmental ID issued by SGST Officials
D) B2G Supplies
Answer : C
49. The filing of Monthly Returns in GST will be:

A) At a stretch
B) Two Phases
C) Three Phases
D) Four Phases
Answer : C
50. The normal permissible Time Period to upload the statement of outward supply (i.e.,
GSTR-1) will be:
A) From 01th to 10th of the Next Month
B) From 11th to 15th of the Next Month
C) From 11th to 15th of the Next Month
D) From 11th to 20th of the Next Month
Answer : A

Set 5 MCQ
1. What will be a Taxable Event in GST?

A) Manufacture
B) Taxable Supply of Goods and Services
C) Both (A) and (B) above
Answer : B
2. All the existing Registered Dealers under existing laws will be automatically migrated in to
GST on provisional basis except:
A) Local VAT Dealer
B) Dealer having both VAT and CST
C) Manufacturing Units remitting Cenvat
D) ISD
Answer : D
3. The Order of the Utilisation of the SGST ITC Credit will be:
A) IGST OPT,CGST OPT and SGST OPT
B) CGST OPT,IGST OPT and SGST OPT
C) SGST OPT,IGST OPT and No Utilisation over CGST OPT
D) SGST OPT,CGST OPT and No Utilisation over IGST OPT
Answer : C
4. What constitute the repeated short payment of tax in GST?

A) 2 short payment in 2 consecutive return periods
B) 3 short payment in 3 consecutive return period
C) 2 short payment in 2 return period during any 6 consecutive return periods
D) 3 short payment in 3 return period during any six consecutive return periods
Answer : D
5. What will be the maximum amount of penalty u/s.67 for contravening any provision of the
GST Act or Rules on which no separate penalty is prescribed?

Set 5 MCQ
A) Rs.25/-Thousand
B) Rs.10/-Thousand
C) Rs.50/-Thousand
D) Rs.1/-Lakh
Answer : A
6. Suppose, after filing of the application for settlement, if the applicant is convicted of any
offence or the commission convinced that the applicant is not co-operating with them. What
will be the fate of the settlement application?
A) To proceed with the available data
B) To proceed with the data furnished already and that received from the new offence details
C) To send back the case to the proper adjudicating authority
D) Any of the above
Answer : C
7. The permissible time period to correct any error apparent on the face of record in the order
of the settlement commission will be?
A) 3 months
B) 6 months
C) 12 months
D) No such time limit
Answer : A
8. Who will be the competent authority to issue an authorisation in writing for conducting any
search?
A) An Officer not below the rank of the Commissioner
B) An Officer not below the rank of a Joint Commissioner
C) An Officer not below the rank of a Deputy Commissioner
D) Any of the Above
Answer : B

Set 5 MCQ
9. The minimum transaction value which necessitates the accompanying of any of the
prescribed transporting documents will be :
A) Goods having a transaction value of and above Rs.250/-
B) Goods having a transaction value of and above Rs.5000/-
C) Goods having a transaction value of and above Rs.50,000/-
D) Goods having a transaction value of and above Rs.2,50,000/-
Answer : C
10. Whenever the goods will become a subject matter of confiscation in GST?
A) Supply in violation of the act and rules
B) Non-accounting of the taxable supplies
C) Taxable supply without having applied for registration
D) All of the Above
Answer : D
11. If the officer fails to issue a notice to the taxable person after the seizure of the goods
within 60 days or within extended time period at maximum of 6 months, what will be its
impact?
A) Goods can still be detained up to the completion of the adjudication procedure
B) Goods are to be returned
C) Either (A) or (B) at the discretion of the adjudicating authority
Answer : B
12. Suppose one dealer who was not liable to get registered in the earlier law or a
manufacturer of the exempted goods became taxable under GST.How the tax element
involved in his raw material stock or semi-finished goods or finished goods on the appointed
day will be treated in GST?
A) Refunded under earlier laws
B) Allowed as ITC in GST
C) Refunded under GST law
D) No ITC Credit

Set 5 MCQ
Answer : B
13. Maximum settlement opportunity allowable to a taxable person?

A) Only Once
B) Only 2
C) Up to 3 cases
D) No such limit
Answer : B
14. Suppose a goods vehicle contains 10 consignments having a total value of

Rs.4,20,000/-whereas the individual value of each consignment is less than Rs.50,000/-.If so,
how many number of prescribed documents should accompany in that goods vehicle?
A) 11 e-generated prescribed documents from the common portal for transportation
B) Only One e-generated prescribed document in respect of the entire consignment
C) 8+1 e-generated documents
D) No e-generated Document at all
Answer : D
15. Suppose a goods vehicle contains 10 consignments having a total value of Rs.4,20,000/-.
Out of the above 2 consignments are of a transactions value of Rs.60, 000/- and
72,000/-respectively whereas the individual value of the remaining 8 consignmentsare less
than Rs.50,000/-. If so, how many number of prescribed documents should accompany in that
goods vehicle?
A) 10 e-generated prescribed documents from the common portal for transportation
B) 2 e-generated prescribed document in respect of the entire consignment
C) 2 e-generated documents in respect of the consignment having he transaction value of more
than Rs.50,000/-
D) No E-generated Document at all
Answer : C
16. The power to issue order for arrest will be vested upon ?

Set 5 MCQ
A) Commissioner of CGST/SGST
B) Joint Commissioner of CGST/SGST
C) Deputy Commissioner/Assistant Commissioner of CGST/SGST
D) Any of the Above
Answer : A
17. What are the conditions in which a taxable person may beordered to be arrested ?
A) An offence U/s.73 having a tax evasion value of more than Rs.50/-Lakhs
B) Repetition of an offence U/s.73
C) Any of the Above
Answer : C
18. If a taxable person is arrested for a cognizable offence(Non-bail able Offence),he should
be produced before a magistrate within:
A) 24 hours
B) 48 hours
C) At any working days at the option of the proper officer
D) No such need in the case of a tax evasion case
Answer : A
19. If a taxable person is arrested for a non-cognizable offence (Bail able Offence), who will
be the empowered officer to release him on bail?
A) Commissioner of CGST/SGST
B) Deputy Commissioner/Assistant Commissioner of CGST/SGST
C) Joint Commissioner of CGST/SGST
D) Any of the Above
Answer : B
20. How much volume of a tax evasion case will be a Cognizable or Non-Bail able Offence in
GST?

Set 5 MCQ
A) Tax evasion exceeding Rs.50/-Lakhs

B) Tax Evasion exceeding Rs.1 Crores
C) Tax Evasion Exceeding Rs.2 Crores
D) Tax Evasion exceeding Rs.2.5 Crores
Answer : D
21. What will be the volume of compulsory penalty for the offences listed u/s.66(1) of the
MGST Act,2016 will be :
A) Rs.10,000/-
B) Amount equivalent to the tax amount involved in the offence
C) Highest of the above a) or b)
D) No Penalty at all
Answer : C
22. If any makes repeats the short payment of tax, what will be the volume of penalty?
A) Rs.10,000/-
B) 10% of the tax short paid
C) Highest of the above a) or b)
D) No Penalty at all
Answer : C
23. What will be the maximum volume of compulsory Penalty in the case of offences like
abetment ,etc. listed u/s.66(3):
A) Rs.25/-Thousand
B) Rs.10/-Thousand
C) Rs.50/-Thousand
D) Rs.1/-Lakh
Answer : A
24. Suppose taxable identifiable goods under earlier law dispatched within 6 months prior to
the appointed day (i.e.01-04-2017) are returned back after 6 months from the appointed day.

Set 5 MCQ
How such return supply will be treated under GST?

A) It will be Subject to tax at the appropriate rate of GST
B) No GST
C) At the half rate of the GST
D) Only SGST is charged
Answer : A
25. What will be the volume of penalty in confiscation cases?

A) Rs.10/-Thousand
B) Equal Amount of tax
C) Either a) or b) whichever is higher
D) Rs.50/-Thousand
Answer : C
26. What will be the procedure to be complied by the provisional registration certificate
holders to get final certificate of registration?
A) By e-filing the online registration application with the prescribed scanned documents
within 1 months from the appointed day
B) By e-filing the online registration application with the prescribed scanned documents
C) By e-filing the online registration application with the prescribed scanned documents
D) By e-filing the online registration application with the prescribed scanned documents
Answer : D
27. If one dealer fails to give the additional information for final registration in GST within the
prescribed time period, what will be the fate of the provisional registration?
A) It will be cancelled giving SCN
B) He will be issued compulsory final Registration without allowing any ITC
C) Either a) or b)

Set 5 MCQ
Answer : A
28. Suppose, One existing dealer who has been issued Provisional Registration Certificate is
not liable for registration under GST due to the below registrable limit or items not liable to
tax under GST. What will be the option available to such dealers in the provisional registration
period?
A) He may apply for the cancellation of the provisional registration
B) He has to wait for the completion of the provisional registration period of 6 months
C) Cancellation will be permitted only after One year from the appointed day
Answer : A
29. Suppose one dealer has Cen vat or Local VAT unadjusted ITC credit carried forward to the
last return period in the subsumed taxation laws. How this balance unadjusted ITC will be
treated in GST?
D) Any of the Above
Answer : B
30. If any actions are instituted against the admissibility of ITC under earlier law either before
or after the implementation of GST, how it will be treated under GST?
A) Collected as a tax arrears under earlier law
B) Collected as a tax arrears in the GST
C) Either a) or b)
Answer : B
31. Suppose one taxable person has un-availed cenvat credit or ITC on capital goods not
carried forwarded to the last return in the earlier law and allowable both under earlier law or

Set 5 MCQ
GST law. How it will be treated under GST?

D) Any of the Above
Answer : B
32. What will be the volume of penalty for transporting goods without documents or makes
supplies without any supporting entries in the books of accounts will be:
A) Rs.25/-Thousand
B) Rs.10/-Thousand
C) Rs.50/-Thousand
D) Equal Amount of tax
Answer : D
33. What will be the penalty for opting the composition of the tax liability without eligible for
the same?
A) Rs.25/-Thousand
B) Rs.10/-Thousand
C) Rs.50/-Thousand
D) Equal Amount of tax
Answer : D
34. What will be the volume of fine in lieu of confiscation of the goods?
A) Rs.10/-Thousand
B) Equal Amount of tax
C) Either a) or b) whichever is higher
D) Fine not exceeding the market price of the goods
Answer : D
35. What is the punishment in the case of a tax evasion case exceeding Rs.250/-Lakhs?

Set 5 MCQ
A) 5 Years imprisonment and fine

B) 3 Years imprisonment and fine
C) 2 Years imprisonment and fine
D) 1 Years imprisonment and fine
Answer : A
36. What is the punishment in the case of a tax evasion case between Rs.50/-Lakhs and
Rs.250/-Lakhs
Answer : B
37. What is the punishment in the case of a tax evasion case between Rs.25/-Lakhs and
Rs.50/-Lakhs
Answer : D
38. If any offence involving a tax evasion case of and above Rs.25/-Lakhs is repeated again,
what will be the punishment in such a case?
Answer : A
39. What will be the lower limit of the compounding fee?

Set 5 MCQ
A) Rs.10,000/-
B) 50% of the tax involved
C) Rs.30,000/-
D) Highest of the above a) or b)
Answer : D
40. What will be the upper limit of the compounding fee?

A) Rs.30,000/-
B) 150% of the tax involved
C) Rs.50,000/-
D) Highest of the above a) or b)
Answer : D
41. Who will be the registered taxable persons on the appointed day of the GST
implementations?
A) Who will be the registered taxable persons on the appointed day of the GST
implementations?
B) Those who apply for GST registration at least 5 days prior to the appointed day
C) Every existing registered persons under the subsuming tax laws will be automatic
provisional GST registration on the appointed day
D) Any of the above
Answer : C
42. What will be the validity period of the provisional GST registration certificate that
automatically issued on the appointed day?
A) For 30 days from the appointed day
B) For 60 days from the appointed day
C) For 90 days from the appointed day
D) For 6 months from the appointed day
Answer : D
43. Inspections, Search and seizure operations under GST are to be authorised by a

Set 5 MCQ
CGST/SGST Officer not below the rank of ___________

A) Dy Commissioner
B) Dy Commissioner
C) Joint Commissioner
D) Commissioner
Answer : C
44. Inspections can be conducted at the business places of, _____________

A) Taxable persons
B) Transporter of goods
C) Owner or Operator of Godowns/Ware house
D) All of the above
Answer : D
45. The person in charge of the conveyance carrying any consignment of goods exceeding the
value of ________________, shall carry prescribed documents (E-Waybill)
A) 50,000
B) 1,00,000
C) 10,000
D) 100 lakhs
Answer : A
46. Arrests under GST are to be authorised by ____________

A) Asst Commissioner
B) Joint Commissioner
C) Commissioner
Answer : C
47. If a taxable person remitting tax in the normal scheme under earlier law switchover to
composition scheme in the GST.How the tax element involved in the already ITC adjusted

Set 5 MCQ
closing stock under earlier law will be treated?

A) Related tax element under earlier law is to be remitted back by debiting electronic credit
ledger or electronic cash ledger.
B) The balance ITC in the electronic credit ledger will be lapsed
C) Both a) and b) Above
D) Related tax element under earlier law is to be refunded
Answer : C
48. Suppose tax exempted goods under earlier law dispatched within 6 months prior to the
appointed day are returned back within 6 months from the appointed day. How, the tax
element involved in the return supply will be treated under GST?
A) Subject to tax at the appropriate rate of GST
B) No GST
Answer : B
49. Suppose tax exempted identifiable goods under earlier law dispatched within 6 months
prior to the appointed day are returned back after 6 months from the appointed day. How, the
tax element involved in the return supply will be treated under GST?
B) No GST
Answer : A
50. uppose taxable identifiable goods under earlier law dispatched within 6 months prior to the
appointed day are returned back within 6 months from the appointed day. How such return
supply will be treated under GST?
B) No GST

Set 5 MCQ

Answer : B

Set 6 MCQ
1. The default rule of place of supply of services made to any person other than a registered
person if address on record doesn't exist shall be ...................................?
A) Location of the recipient of services
B) Location of the supplier of services
C) Location where service is rendered
D) Location where agreement for rendering of services is executed
Answer : B
2. Place of supply of services in relation to lodging accommodation shall be .................?

A) Location of the supplier
B) Location of the recipient
C) Location at the lodging accommodation is located
D) None of these
Answer : C
3. Place of supply of services in relation to mobile connection for pre-paid customers other
than through internet shall be ...............................?
A) Location of supplier
B) Location of recipient
C) Location where such pre-payment is recieved as such vouchers are sold
D) None of these
Answer : C
4. ITC in GST is computed by generating ...........................

A) GSTR I
B) GSTR II
C) GSTR III
D) GSTR IV
Answer : B
5. Cross utilization of ITC is ot allowed between:

Set 6 MCQ
A) SGST and CGST

B) SGST and IGST
C) IGST and CGST
Answer : A
6. Tax paid on goods and services under ...................... Act is allowable both under SGST act
and CGST Act?
A) IGST
B) VAT
C) Excise
D) Customs
Answer : A
7. ITC includes tax payable under ................................. also

A) VAT
B) Reverse charge
C) Excise
D) Customers
Answer : B
8. ITC is allowed on tax paid on capital goods in ............. instalments in GST

A) 12
B) 36
C) 3
D) 1
Answer : D
9. ITC on pre-registration stock is allowed of registration is take with in .................days from

the date on which he is liable for registration
A) 15
B) 30

Set 6 MCQ
C) 90
D) 60
Answer : B
10. Treatment of ITC in respect of a taxable person paying tax under section 7 opts to pay tax
under composition scheme?
A) No liability
B) Liable to pay an amount equipment to the input tax credit in respect inputs held in state in
any form
C) ITC for input in stock allowed
Answer : B
11. ................... Act implements 'destination principle of taxation' in GST scenario?

A) CGST
B) SGST
C) Customs
D) IGST
Answer : D
12. ............... Act provides un-intercepted ITC chain on inter-state transactions?

A) IGST
B) CGST
C) VAT
D) SGST
Answer : A
13. In IGST .................. state shall pay the amount equal to the ITC SGST used by the
supplier in the exporting state to centre?
A) Exporting state
B) Importing state
C) Centre

Set 6 MCQ
D) NA
Answer : A
14. Place of supply of goods when supply involves movement of goods?

A) location of the goods at the time at which the movement of goods terminates for delivery to
the recipient
B) ocation of the goods at the time at which movement of goods commences for delivery to
the recipient
C) location of the principle place of business of the supplier
D) location of the principle place of business of the recipient
Answer : A
15. Place of supply of goods where the supply doesn't involve movement of goods ...........?
A) Location of the goods at the time of purchase order
B) Location of the goods at the time of delivery to the recipient
C) Location of the supplier
D) Location of the recipient
Answer : B
16. Place of supply where the goods are assembled or installed?

A) Place of supplier
B) Place of recipient
C) Place of transporter
D) Place of the such assembly or installation
Answer : D
17. Place of supply where the goods are supplied on board a conveyance such as vessel, an
aircraft, a train or motor vehicle?
A) Location of supplier
B) Location of recipient
C) Location at which such goods are taken on board
D) None of these

Set 6 MCQ
Answer : C
18. Manner of utilizing ITC for payment of IGST .........................?

A) (i) IGST (ii) SGST (iii) CGST (iv) Cash
B) (i) CGST (ii) IGST (iii) SGST (iv) Cash
C) (i) IGST (ii) Cash (iii) CGST (iv) SGST
D) (i) IGST (ii) CGST (iii) SGST (iv) Cash
Answer : D
19. The default rule of place of supply of services made to a registered person shall be
..............................?
A) Location of such person
B) Location of service provider
C) Location where service is provided
D) Location where agreement for rendering of service is executed
Answer : A
20. The default rule of place of supply of services made to any person other than a registered
person if address on record exist shall be .................................?
A) Location of service provider
B) Location where service is rendered
C) Location where agreement for rendering of service is executed
D) Location of the recipient
Answer : D
21. The maximum rate of tax prescribed for manufactures in Composition levy is; (CGST
+SGST)
A) 1 %
B) 5%
C) 0.5%
D) 2.5 %

Set 6 MCQ
Answer : B
22. IGST means ..........................?

A) CGSTInter-state GST
B) Integrated GST
C) Import GST
D) International GST
Answer : B
23. IGST Act is passed by ........................?

A) Parliament
B) State Legislative
C) Union Territory
D) Legislative Council
Answer : A
24. Under ............... Article of the Constitution, GST on supplies in the cause of Inter-state
trade or commerce shall be levied and collected by the Government of India ?
A) Article 246 A
B) Article 269 A
C) Article 254
D) Article 279 A
Answer : B
25. IGST is levied and collected is .................?

A) Allotted to centre only
B) Allotted to states only
C) Allotted to UT's only
D) Apportioned between centre and states
Answer : D

Set 6 MCQ
26. What is rate of tax of IGST?

A) CGST rate
B) SGST rate
C) CGST + SGST rate
D) VAT rate
Answer : C
27. ........... is levied on imports of goods and services?

A) SGST
B) CGST
C) IGST
D) VAT
Answer : C
28. Import/Export is treated as ..................... in GST?

A) Intra-state supply
B) Inter-state supply
C) Non-taxable supply
D) Exempted supply
Answer : B
29. Inter-state supplies means:

A) Any-supply where the location of the supplier and the place of supply are in the same state
B) Any supply where the location of supplier and the place of supply are in different states
C) Any supply where location of the supplier and place of supply are outside the country
D) None of these
Answer : B
30. The verification of the export documents will be with real time linkages to:
A) IEC Code
B) CEGATE Portal [The Indian Customs and Central Excise Electronic Commerce/Electronic
Data interchange (EC/EDI) Gateway]

Set 6 MCQ
C) GSTN
D) All of the above
Answer : B
31. In GST, the unutilised ITC except in the case of export amount are credited:
A) To the declared bank account of the dealer automatically
B) To the Cash Deposit Ledger of the dealer
C) To the ITC Credit Ledger Account
D) To the Consumer Welfare Fund
Answer : D
32. In GST, interest on delayed refunds are eligible from

A) 1 Month After the date of receipt of the refund Application
B) 2 Months After the date of receipt of the refund Application
C) 3 Month After the date of receipt of the refund Application
D) No Interest at all.
Answer : C
33. In GST before the issuance of the show cause notice for any short tax payment or irregular
IPT claim or irregular availing of ITCwithout any fraud, what is the option available to the
dealer?
A) Voluntary Discloser Scheme with Compounding
B) Remittance of Tax and interest as ascertained by himself or with the help of the Proper
Officer
C) Remittance of Tax , interest and 25% of the tax as penalty as ascertained by himself or with
the help of the Proper Officer
D) Remittance of Tax , interest and 50% of the tax as penalty as ascertained by himself or with
the help of the Proper Officer
Answer : B
34. Which one of the following shall not be treated as supply;

A) Rental

Set 6 MCQ
B) Lease
C) Actionable claim
D) License
Answer : C
35. Works contract is ;

A) Supply of goods
B) Supply of services
C) Supply of both
D) Neither supply of goods nor supply of services
Answer : B
36. Composition levy is applicable to the taxable persons whose aggregate turnover -
A) Did not exceed 50 lakh in the current year
B) Did not exceed 50 lakh in the preceding year
C) Did not exceed 60 lakh in the current year
D) Did not exceed 60 lakh in the preceding year
Answer : B
37. Suppose, one dealer is a defaulter of return. What will be the nature of his refund
application?
A) Refund adjusted over tax liability estimated for non-filing of return
B) 80% of the Refund is allowed on a Provisional basis.
C) Refund Application is withheld
D) 20% of the Refund is allowed on a Provisional basis.
Answer : C
38. Suppose, one dealer is a defaulter of any dues. What will be the nature of his refund
application?
A) Refund is adjusted over arrear dues
B) 80% of the Refund is allowed on a Provisional basis.
C) Refund Application is withheld

Set 6 MCQ
D) 20% of the Refund is allowed on a Provisional basis.

Answer : A
39. Suppose, an order giving rise to refund is a subject matter of appeal, what will be the fate
of the refund application?
A) 80% of the Refund is allowed on a Provisional basis.
B) Refund Application is withheld after giving opportunity for being heard
C) 20% of the Refund is allowed on a Provisional basis.
D) Full amount is to be refunded without waiting for any appellate order
Answer : B
40. Suppose, the refund amount is less than ` 1000/-, what will be the nature of the disposal?
A) Full Amount is allowed within 3 working days without any document verification
B) 80% provisional Remittance 80% of the Refund is allowed on a Provisional basis.
C) Refund Application is Rejected
D) Refund Application is Withheld
Answer : C
41. The refund application of the UN agencies, embassies or consulate will be processed based
on:
A) Unique Identification Number
B) GSTIN
C) Pass Port Number
D) Any of the Above
Answer : A
42. The Tax wrongly paid under IGST instead of Tax on intra-state (Local) supply-How it will
be treated in the GST?
A) Refund
B) Automatic System Adjustment
C) Online Withdrawal as and when required

Set 6 MCQ
D) Any of the Above.

Answer : A
43. All the pending Refunds,Appeals,Revison,Review ,etc related to earlier enactment will be
disposed in GST regime as per:
A) Earlier Law
B) GST Law
C) Either of the Above at the option of the dealer
D) Neither of the Above
Answer : A
44. Suppose, if any export is subject to any export duty as part of any govt.policy, what will be
the fate of the unutilised ITC in such cases?
A) Refunded
B) No Refund
C) Adjustment over Basic Customs Duty on import, if any, to the same dealer
D) Either (B) or (C)
Answer : B
45. What will be the mode of filing Refund Application and its supporting documents in GST?
A) Online Application and Uploading of Scanned Documents
B) Both Soft Copy and Hard Copy
C) Manual Application Only
D) Any of the above
Answer : A
46. The scanned documents required for filing ITC on export?

A) Export Invoice and Shipping Bill
B) Packing List, Bill of Lading and Mateâ€™s Receipt
C) Bank Realisation Certificate
D) All of the above

Set 6 MCQ
Answer : D
47. A Special Audit is conducted with prior permission of the Commissioner for a detailed
examination on a focused issues like:
A) Incorrect declaration of the Transaction Value
B) Credit availing above the normal limits
C) Any of the above (A) or (B)
Answer : C
48. A special Audit is conducted by :

A) The CGST Officials
B) The SGST Officials
C) CA or Cost Accountant nominated by the Commissioner
D) Any of the above
Answer : C
49. The Special Audit report is to be submitted normally within a period of :

A) 30 days
B) 60 days
C) 90 Days
D) 180 days
Answer : C
50. The expenses for conducting a special audit are met by:
A) The Government
B) The Dealer
C) The CA who originally conducted the audit
D) Any of the above
Answer : A

Set 7 MCQ
1. What is the rate of interest to be payable in case of delay in sanctioning the refund claimed
A) Not exceeding 6%
B) Not exceeding 8%
C) Not exceeding 10%
D) Not exceeding 12%
Answer : A
2. The tax paying documents in section 16(2) is

A) Bill of entry, Invoice raised on RCM supplies, etc.
B) Acknowledged copy of tax paid to department
C) Supply invoice by the recipient
D) Any of the above
Answer : A
3. The sanction refund amount can be adjusted against the payments which he is liable to pay
but remains unpaid under the earlier law.
A) Tax
B) Penalty
C) Interest and other amounts
D) All of the above
Answer : D
4. Place of supply of service for DTH by ABC Pvt. Ltd. located in Mumbai to customer in
Patna is
A) Mumbai
B) Patna
C) Either (a) or (b)
D) New Delhi
Answer : B
5. Mr. X of Hyderabad not having bank account takes a demand draft in Kolkata from ABC

Set 7 MCQ
Bank for his visa purpose. The place of supply is

A) Hyderabad
B) Kolkata
C) Either (a) or (b)
D) New Delhi
Answer : B
6. The provider of AMC service outside India has entered into an agreement for an aircraft
company PQR located in India AMC. The service provider provides repair service to the
aircraft when it was in India. The place of service in this case is
A) Outside India
B) India, since the aircraft is in India when the service is provided
C) Outside India, since the aircraft is in India when the service is provided
Answer : B
7. Out of IGST paid to the Central Government, which of the following must be apportioned
based on tax rate equivalent to the CGST on similar intra-state supply?
A) Interstate supply of goods and services to an unregistered person.
B) Interstate supply of goods and services to a taxable person paying tax under sec.10 of the
CGST Act, 2017.
C) Interstate supply of good and services to taxable person not eligible for input tax credit.
D) All of the above.
Answer : D
8. The late fee forthe delay in filing of any inward supply statement, outward and return will
be :
A) Rs.100/-per day not exceeding Rs.5000/-at maximum
B) Rs.500/-per day not exceeding Rs.5000/-at maximum
C) Rs.750/-per day not exceeding Rs.5000/-at maximum
D) Rs.1000/-per day not exceeding Rs.5000/-at maximum
Answer : A

Set 7 MCQ
9. The late fee for the delay in filing of the annual return will be :
A) Rs.100/-per day not exceeding Rs.5000/-at maximum
B) Rs.100/-per day not exceeding quarter percentage of his aggregate turnover
C) Rs.750/-per day not exceeding Rs.25000/-at maximum
D) Rs.1000/-per day not exceeding Rs.50,000/-at maximum
Answer : B
10. The basic nature of assessment in GST will be:

A) Self assessment
B) Provisional Assessment
C) Best Judgment Assessment
D) Protective Assessment
Answer : A
11. The assessment made on occasion of the failure of a dealer to compute the taxable value or
to make correct classification of the supplies based on a specific rate of tax is termed as:
A) Self assessment
B) Provisional Assessment
C) Best Judgment Assessment
D) Protective Assessment
Answer : B
12. The prescribed time period to complete final assessment in the case of a provisional
assessment?
A) Within 3 months from the date of the communication of the provisional order
B) Within 6 months from the date of the communication of the provisional order
C) Within 9 months from the date of the communication of the provisional order
D) Within 12 months from the date of the communication of the provisional order
Answer : B

Set 7 MCQ
13. Can IGST amount apportioned to a State, if subsequently found refundable to any person
and refunded to such person, be reduced from the amount apportioned to such state?
A) Yes
B) No
C) Partially
Answer : A
14. Out of the IGST paid to the Central Government in respect of import of goods or services,
if the registered taxable person does not avail the said credit within the specified period and so
remains in the IGST account, what is the treatment?
A) Refund it back to the taxable person.
B) Can be claimed after the expiry of the specified period. Apportionment of Tax and
Settlement of Funds 341 Indirect Taxes Committee
C) Apportion to the Central Government based on rate equivalent to CGST on similar
intra-State supply and Apportion to the state where such supply takes place.
D) None of the above.
Answer : C
15. The provisions of apportionment of tax also apply to

A) Apportionment of interest
B) Apportionment of penalty
C) Compounding amount realized in connection with tax so apportioned.
D) All of the above
Answer : D
16. The registered person has paid IGST by treating an intra-State supply as inter-State supply.
The officer has levied CGST and SGST as the same is intra-State supply. What is the remedy?
A) Pay CGST and SGST along with applicable interest
B) Pay CGST and SGST and Claim refund of IGST
C) Forgo IGST paid

Set 7 MCQ
Answer : B
17. What provisions of CGST have been made applicable to IGST?

A) All provisions
B) Only a few provisions
C) The provisions of CGST Act as would be applicable to IGST has not been mentioned
D) The exact provisions of CGST Act as would be applicable to IGST have not been
enumerated. However a list of items have been mentioned, whose corresponding provisions
under CGST would apply to IGST Act.
Answer : D
18. What would the TDS and TCS rates be under IGST?
A) TDS and TCS provisions not applicable to IGST since no such provisions have been
incorporated under IGST Act
B) At the rates mentioned in CGST Act
C) At the rate equal to CGST Act + SGST Act
D) At double the rate mentioned in CGST Act
Answer : D
19. When is a service transaction deemed to have been initiated before commencement of
IGST Act?
A) When invoice relating to such supply has been received or made before IGST has come
into existence
B) Payment is made/ received either in part or full before IGST has come into existence
C) Both of the Above
D) Any one of the Above
Answer : D
20. Is IGST payable on services imported after the appointed day, though service tax has
actually been paid under service tax regime?
A) No.
B) Yes. Pay and avail the credit paid of IGST under reverse charge on full value

Set 7 MCQ
C) Yes. If tax has been paid partially under service tax regime and part of the service/
consideration paid has not suffered service tax under service tax regime
Answer : C
21. Can government make retrospective rules?

A) Yes. But cannot impose penalty for contravention of rules for retrospective period
B) Yes and also can impose penalty for contravention of rules for retrospective period
C) No
Answer : A
22. Whether a taxable person who has paid IGST on a transaction considered by him to be an
inter-state supply, but which is subsequently held to be an intra-state supply is required to pay
interest?
A) Yes
B) No
C) At proper officerâ€™s discretion
Answer : B
23. Does an existing Tax payer have to surrender the existing Registration certificates to
obtain GST registration?
A) No, automatically he will receive final registration.
B) Yes, all registration certificates to be surrendered
C) Migrated to provisional registration subject to verification of documents
D) No, Provisional Registration is automatic
Answer : D
24. Is PAN Mandatory for Migration to Provisional GST registration?

A) No

Set 7 MCQ
B) Yes
C) PAN Application is sufficient.
D) Waiver/Exemption can be obtained on application to the officer
Answer : B
25. What is the validity of the provisional registration certificate issued to the existing dealers?
A) 6 months
B) 12 months
C) 3 months
D) none of the above
Answer : D
26. Is a Composition dealer registered under the old law required to obtain Final GST
Registration?
A) No, Old number will continue
B) Yes, mandatory for all Composition dealers
C) Yes, Subject to the turnover crossing the GST Turnover limit.
D) No, will be governed by old law.
Answer : C
27. Will a person having multiple registration in various states receive single registration on
Migration
A) Separate Registration would have to be obtained on migration for each State even for a
single PAN number
B) Centralised Registration will be obtained for each PAN number across all States.
C) Separate Registration would have to be surrendered and fresh registration is required to be
obtained.
D) Single registration with all locations across India disclosed as additional place of business
can be obtained
Answer : A
28. If a dealer has multiple registrations in a State, will he obtain a consolidated GST

Set 7 MCQ
registration or separate GST registrations

A) Single registration for each State will be granted without any exception
B) Two or more registrations for each State will be granted in case of separate business
verticals
C) Any number of registrations can be obtained in each State Transitional Provisions 261
Indirect Taxes Committee
D) Rules have to be prescribed in this regard
Answer : B
29. Which amount will be carried forward as CGST under GST law (Assuming applicability
of GST from 1st July, 2017)?
A) Input tax credit as per the CENVAT Credit Register on 30th June, 2017
B) Input tax credit as per the books as on 30th June, 2017
C) Input tax credit as per the return furnished for the period ending 30th June, 2017
D) Input tax credit as per the last available return furnished under the earlier law
Answer : C
30. Mr. X a resident from Pune conducts training for employees of P Ltd. being a registered
person under GST based out in Chennai at a resort in Darjeeling. The place of supply in this
case is
A) Chennai
B) Pune
C) Darjeeling
Answer : A
31. What is the time limit for rectification of GSTR 1, GSTR 4 and GSTR 6?
A) Return can be rectified within 6 months from the date of filing the return
B) Return can be rectified within 90 days from the date of filing the return
C) Return have to be rectified before the due date for filling the subsequent periods return
D) Return can be rectified before the due date for filing the returns for month of September or
second quarter, as the case may be, following the end of the financial year

Set 7 MCQ
Answer : D
32. The First return shall be filed by every registered taxable person for the period from
A) The date on which he became liable for registration till the date of grant of registration
B) The date of registration to the last day of that month
C) The date on which he became liable for registration till the last day of that month
D) All of the above
Answer : A
33. The details of inward supply furnished by the registered taxable person shall be matched
with the
A) Corresponding details of outward supply furnished by the corresponding taxable person
B) Additional duty of customs paid under section 3(5) of the Customs Tariff Act, 1975
C) For duplication of claims of input tax credit
D) All of the above
Answer : D
34. If Input credit claimed by recipient is more than the output tax declared by the supplier or
if the supplier has not declared the outward supply, then
A) The excess amount claimed as input is added to the output tax liability of the recipient
B) The discrepancy is communicated to both the supplier and receiver
C) The excess amount claimed as input is added to the output tax liability of the supplier
D) The supplier is given an opportunity of being heard
Answer : B
35. The discrepancy pointed out in GST MIS 1 and GST MIS 2 with regard to excess input tax
credit claimed has not been rectified the by the supplier as well as the recipient. The excess
input tax credit is
A) Added to the output tax liability of the recipient
B) Added to the output tax liability of the supplier
C) Both (a) & (b)

Set 7 MCQ
D) None of the bove

Answer : A
36. Within how many years should the proper officer issue an order from the date of issue of
notice?
A) 3 years
B) 2 years
C) 1 year
D) 4 years
Answer : C
37. Whether the person who has borne the incidence of amount apply for refund of surplus left
after adjustment towards tax collected but not paid under section 76?
A) Yes
B) No
Answer : A
38. In case the person does not deposit tax collected in contravention of Section 76, is the
same recoverable with interest?
A) Yes
B) No
Answer : A
39. What happens if a taxable person has paid CGST & SGST or, as the case may be, CGST &
UTGST (in SGST / UTGST Act) on a transaction considered by him to be an intra-state
supply but which is subsequently held to be an inter-state supply?
A) Seek refund

Set 7 MCQ
B) Adjust against future liability

C) Take re-credit
D) File a suit for recovery
Answer : A
40. What happens if a taxable person has paid IGST (in IGST Act) on a transaction considered
by him to be an inter-state supply but which is subsequently held to be an intra-state supply?
A) Seek refund
B) Adjust against future liability
C) Take re-credit
D) File a suit for recovery
Answer : A
41. Every tax payer paying tax under section 10 (Composition levy) shall file the return in
A) Form GSTR 3 by 18th of the month succeeding the quarter
B) Form GSTR 4 by 18th of the month succeeding the quarter
C) Form GSTR 4 by 18th of the succeeding month
D) Form GSTR 4 by 20th of the month succeeding the quarter
Answer : B
42. Which of the following is correct?

A) Non-Resident taxable person shall file the return by 20th of succeeding month in Form
GSTR 5
B) Input Service Distributor shall furnish the return by 13th of the succeeding month in Form
GSTR 6
C) The person deducting tax at source shall furnish the return by 10th of the succeeding month
in Form GSTR 7
D) All the above
Answer : D
43. The certificate of details of tax deducted by the deductor shall be furnished to the deductee
in Form

Set 7 MCQ
A) GSTR 7
B) GSTR 7A
C) GSTR 2A
D) GSTR 1A
Answer : B
44. The e-commerce operator collecting tax under section 52 shall file its monthly return in
A) Form GSTR 8 by 18th of the succeeding month
B) Form GSTR 7 20th of the month succeeding the quarter
C) Form GSTR 8 17th of the succeeding month
D) Form GSTR 8 10th of the succeeding month
Answer : D
45. State which is a true statement

A) The last date for payment of taxes to the appropriate government is the last date on which
the registered taxable person is required to furnish the return
B) Every person who is required to furnish return under 39(1) and 39(2) shall furnish return
for every tax period whether or not supplies have been effected during such period.
C) Both (a) and (b)
Answer : D
46. GSTR 3, GSTR 4 and GSTR 6 filed can be rectified on the grounds of
A) Any omission or incorrect particulars
B) Omission or incorrect particulars found during Audit
C) Omission or incorrect particulars found during Scrutiny
D) Omission or incorrect particulars found during Inspection
Answer : A
47. Zero rated supply includes

A) export of goods and services.
B) Supply of goods and services to a SEZ developer or SEZ Unit

Set 7 MCQ
C) Supply of goods and services by a SEZ developer or SEZ Unit

D) Both (a) and (b)
Answer : D
48. Is the SEZ developer or SEZ unit receiving zero rated supply eligible to claim refund of
IGST paid by the registered taxable person on such supply?
A) Yes
B) No
C) Partially yes
Answer : B
49. A registered taxable person is eligible to claim refund in respect of export of goods and
services in the following cases:
A) Under bond, without payment of IGST and claim refund of unutilized input tax credit.
B) On payment of IGST and claim refund of IGST paid on such goods and services.
C) None of the above
D) Both (a) and (b)
Answer : D
50. The supply of goods to SEZ unit is treated as ___________ in the hands of the supplier:
A) Exempt Supply â€“ Reversal of credit
B) Export of Supplies
C) Deemed Taxable Supply â€“ No reversal of credit
D) Non Taxable Supply â€“ Outside the Scope of GST
Answer : C

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Set 1 MCQ

1. The headquarters of GST council is located at _______.

3. GST Stands for

4. In India GST became effective from

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6. Indian GST model has _________rate structure.

7. What does â€œIâ€• stands for in IGST?

8. How many types of taxes will be in Indian GST?

9. First announcement to introduce GST by 2010, is made in Year

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10. Which of the following tax is not subsumed in GST

11. What are the taxes levied on an Intra-State Supply?

12. What is the maximum rate prescribed under CGST?

14. Maximum rate prescribed under UTGST/SGST?

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16. HSN Code Stands for

17. SAC Code Stands for

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19. Which of the following is an intrastate supply?

20. Place of supply in case of installation of elevator is

21. What is location of supply in case of importation of goods?

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pay taxes under composition scheme?

24. Which one of the following is true?

25. Which form is to be used for registration?

27. For an E-commerce operator registration threshold limit is?

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28. What is the validity of the registration certificate?

29. Which of the following requires amendment in the registration certificate?

30. How a person can apply for registration?

31. Under what circumstances physical verification of business premises is mandatory?

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32. Business which has centralized registration under existing Acts

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D) Earliest of any of above

36. What is date of receipt of payment?

37. The value of supply of goods and services shall be the

39. What deductions are allowed from the transaction value

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41. When can a registered person avail credit on inputs?

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47. For capital goods, proportionate credit is allowed

48. Banking company or Financial Institution have an option of claiming ITC:

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2. Is Input tax to be reversed in case of supply of capital goods

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7. Provisional Input tax credit can be utilized against

8. Matching of Input Tax credit on inward supply by recipient is undertaken with

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11. Tax invoice must be issued by________

12. A bill of supply can be issued in case of inter-State and intra-State:

13. An invoice must be issued:

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C) On receipt of payment for the supply;

14. An acknowledgement must be given on receipt of advance payment in respect of supply of

15. A continuous supply of goods requires one of the following as a must:

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18. The books and other records U/S 35 are to be maintained at

19. Accounts are required to be maintained in

20. Can all the records be maintained in an electronic form?

21. First Return filed under GST is

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22. The details of outward supplies of goods or services shall be submitted by