Q65. (13th Jan'25) GST is a consumption of goods and service tax based on
A. Development (0)
B. Dividend (0)
C. Destiny (0)
D. Destination (1)
Q64. (10th Jan'25) IGST is payable when the supply is ........
A. Interstate (3)
B. Intra- UT (0)
C. Intra-state (0)
D. All of the above (0)
Q-63. (7th Jan'25) 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 (0)
B. Date of redemption of voucher (15)
C. Earlier of (a) & (b) (0)
D. (a) & (b) whichever is later (1)
Q-62. (6th Jan'25) Which of the following is the primary authority responsible for implementing GST in India?
A. Central Board of Direct Taxes (CBDT) (0)
B. Goods and Services Tax Council (GSTC) (4)
C. Reserve Bank of India (RBI) (0)
D. Ministry of Finance (0)
Q61. (14th Sep'24)What is the new entry of the block category of ITC in section 17(5)?
A. Corporate Social Responsibility (1)
B. Relating to activities of cooperative societies (0)
C. Activities relating to obligation under a LLP (0)
Q60. (18th July'24) Works contract under GST is goods used in work relating to-
A. Immovable property (0)
B. Both movable and immovable property (0)
C. Immovable property treated as supply of service (3)
D. Immovable property treated as supply of goods. (1)
Q59. (17th July'24) Who is the chairperson of GST Council?
A. Finance secretary (0)
B. State Finance Minister (0)
C. Union Finance Minister (0)
D. None of the above. (0)
Q58. (16th July'24) 1) Input tax credit on Compensation cess paid under GST (Compensation to States) Act, 2017 is available for payment of-
A. IGST only (1)
B. IGST and CGST only (0)
C. Compensation under GST (Compensation to States) Act (0)
D. None of the above. (1)
Q57. (2nd July'24) The value of supply of actionable claims in a casino shall be the total amount paid or payable______?
A. by the player (0)
B. or on behalf of the player (1)
C. Both a and b (0)
Q56. (1st July'24) What is the value of supply of services where the director who provided the corporate guarantee is no longer connected with the management but continues to be the guarantor?
A. remuneration/consideration provided to such person by the Company directly or indirectly (0)
B. Nil (0)
C. Based on Open market value (0)
D. No GST would be applicable on such transactions (0)
Q55. (28th June'24) Whether the activity of providing corporate guarantee by a holding company to its subsidiary is taxable, even made without consideration?
A. Yes, as it is related person transaction (0)
B. No, as no consideration is being charged (0)
C. Yes, as it is covered under Schedule I of the Act (0)
D. Both a and c (0)
Q54. (27th June'24) Whether for OIDAR supplies, recipients registered solely for TDS are required to pay tax under RCM?
A. Yes (2)
B. No (0)
Q52. (25th June'24) An assessment order issued under Section 62 of the Act shall be deemed to have been withdrawn, if the taxpayer furnishes the valid return in _____?
A. 60+60 = 120 days (0)
B. 60+30 = 90 days (0)
Q50. (21st June'24) When are the prosecution provisions under Section 132 of the Act to be initiated for fake invoices?
A. When the tax evaded exceeds Rs. 1 crore (0)
B. When the tax evaded exceeds Rs. 2 crore (0)
C. When the tax evaded exceeds Rs. 5 crore (0)
Q49. (20th June'24) GST Return cannot be furnished after the expiry of-
A. 5 years from the due date of return (0)
B. 3 Years from the due date of return (0)
C. 2 years from the due date of return (0)
D. 60 month from the due date of annual return of a FY (1)
Q47. (18th June'24) What is the new entry of the block category of ITC in section 17(5)?
A. Corporate Social Responsibility (0)
B. Relating to activities of cooperative societies (0)
C. Activities relating to obligation under a LLP (0)
Q46. (17th June'24) Can an unregistered person below the threshold limit make the supply of services through ECO?
A. Yes possible but only Intra State supply (0)
B. Yes possible both inter and Intra State supply (1)
C. No not possible (1)
Q45. (14th June'24) Can an unregistered person below threshold limit make the supply of goods through ECO -
A. Yes possible but only Intra State supply (1)
B. No not possible (0)
