Transfer of right in goods or of undivided share in goods without the transfer of title thereof shall be considered as .

Neither as a supply of goods nor a supply of services

Either as a supply of goods or a supply of services

Transfer of title in goods under an agreement which stipulates that property in goods shall pass at a future date upon payment of full consideration as agreed shall be considered as .

Neither as a supply of goods nor a supply of services

Either as a supply of goods or a supply of services

GST is payable on the services provided by the employee to the employer in the course of employment on

Contract basis as employed by the company

Contract basis as employed by a contractor

Development, design, programming, customisation, adaptation, upgradation, enhancement, implementation of information technology software shall be treated as .

Neither as a supply of goods nor a supply of services

Either as a supply of goods or a supply of services

Transfer of the right to use any goods for any purpose (whether or not for a specified period) for cash, deferred payment or other valuable consideration shall be treated as .

Neither as a supply of goods nor a supply of services

Either as a supply of goods or a supply of services

Temporary transfer or permitting the use or enjoyment of any intellectual property right shall be treated as .

Neither as a supply of goods nor a supply of services

Either as a supply of goods or a supply of services

What is the time of supply of service for the supply of taxable services up to ` 1000 in excess of the amount indicated in the taxable invoice?

At the option of the supplier Invoice date or Date of receipt of consideration

Date of receipt of consideration

Date of entry in books of account

Agreeing to the obligation to refrain from an act, or to tolerate an act or a situation, or to do an act is .

Neither as a supply of goods nor a supply of services

Either as a supply of goods or a supply of services

Supply of goods by any unincorporated association or body of persons to a member thereof for cash, deferred payment or other valuable consideration shall be treated as .

Neither as a supply of goods nor a supply of services

Either as a supply of goods or a supply of services

The functions performed by the Members of Parliament, Members of State Legislature, Members of Panchayats, Members of Municipalities and Members of other local authorities shall be treated as .

Either as a supply of goods or a supply of services

Neither as a supply of goods nor a supply of services

Either as a supply of goods or a supply of services

The duties performed by any person who holds any post in pursuance of the provisions of the Constitution in that capacity shall be considered as .

Either as a supply of goods or a supply of services

Neither as a supply of goods nor a supply of services

Either as a supply of goods or a supply of services

Services of funeral, burial, crematorium or mortuary including transportation of the deceased shall be treated as .

Either as a supply of goods or a supply of services

Neither as a supply of goods nor a supply of services

Either as a supply of goods or a supply of services

The place of supply of services on board a conveyance, including a vessel, an aircraft, a train or a motor vehicle shall be the

Place of destination of journey

Location of the supplier of service

Place where the passenger embarks on the conveyance for a continuous journey

Location of the first scheduled point of departure of that conveyance for the journey

Place of destination of journey

In relation to a registered person, input tax means the Central tax, State tax, Integrated tax or Union Territory tax charged on any supply of goods or services or both made to him and includes

The integrated goods and services tax charged on import of goods

The tax payable under Reverse Charge Mechanism as per SGST Act

The tax payable under Reverse Charge Mechanism as per UTGST Act

The tax payable under the composition levy

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 the

Location where service is rendered

Location of the service provider

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 the

Location where service is rendered

Location of the service provider

The place of supply of services provided by way of transportation of goods, including by mail or courier, to a person other than a registered person, shall be the

Location of the supplier of service

Place at which such goods are handed over for their transportation

Location of the supplier of service

Location of the recipient of service

Where a business carried on by a taxable person registered under this Act is transferred to another person as a going concern,

Both transferor and transferee are required to obtain fresh registration

Transferror s registration shall be taken as transferee s registration

The transferee shall be liable to be registered w.e.f. the date of transfer

Both transferor and transferee are required to obtain fresh registration

Who will take registration on services in relation to transportation of goods (including used household for personal use) if, GTA avails ITC on supplies made by him

Service receiver, forward charge

GST Council comprises of various persons from Union and States and is being headed by a Chair Person who is

Finance Secretary to Government of India

Cross-Utilization of credit of available IGST after utilization towards payment of IGST is done in the following chronological order :

CGST, UTGST and SGST simultaneously

Madhan is located in Chennai. He has a branch office in Cochin. He wants to transfer goods. His turnover was always below ` 10 lakhs. His registration under GST is

Compulsory only when turnover exceeds 20 lakhs

As and when deemed by the Revenue

Does cancellation of registration under CGST affect the liability under SGST/IGST for period prior to cancellation of registration?

Cancellation of registration will immune his liability under CGST only.

Cancellation of registration will immune his liability under IGST only.

Cancellation of registration will immune his liability under SGST and CGST but not under IGST.

Cancellation does not affect the liability of taxable person to pay tax and other dues under CGST/SGST/IGST Act.

In case supplier has deposited the taxes but the receiver has not received the documents, is receiver entitled to avail credit?

Yes, if the receiver can prove later that documents are received subsequently

Yes, it will be auto populated in recipient monthly returns

No as one of the conditions of 16(2) is not fulfilled

Yes, if the receiver can prove later that documents are received subsequently

There was increase in tax rate from 20% to 24% w.e.f. 1.9.2019. Which of the following rate is applicable if the supplier has opted for composition levy and invoice was issued after change in rate of tax in September, 2019 but payment received, and goods supplied in August, 2019 :

24% as invoice being one of the factors was issued after rate change

20% as payment was received in the period during which the supply was effected

24% as invoice being one of the factors was issued after rate change

What should the taxable person do if he pay s the wrong tax i.e. IGST instead of CGST/SGST or vice versa?

Remit tax again and claim refund

It will be adjusted on application/request

There was increase in tax rate from 20% to 24% w.e.f. 1.09.2019. Which of the following rate is applicable when services are provided after change in rate of tax in September 2019, but invoice issued and payment received, both in August, 2019 :

24% as the supply was completed after rate change

20% as invoice and payment were received prior to rate change

24% as the supply was completed after rate change

Mr. Pappu Singh, commenced his business in Feb. 2019. He has established following units :(i) Unit A (in SEZ) and Unit B (non-SEZ) in the State of Maharashtra(ii) Unit C in Delhi(iii) Unit D and E in the State of Goa Mr. Pappu Singh has approached you to help him in determining the states and number registrations he is required to take under GST (presuming the fact that he is making taxable supply from each state and his aggregate turnover exceeds the threshold limit) :

Maharashtra - Optional 1 or 2 : Delhi - 1, Goa - Optional 1 or 2

Maharashtra - 2 : Delhi - 1, Goa - Optional 1 or 2

Maharashtra - Optional 1 or 2 : Delhi - 1, Goa - Optional 1 or 2

Maharashtra - 1 : Delhi - 1, Goa - 1

Maharashtra - 2 : Delhi - 1, Goa - 2

151 + Mcqs in Indirect Taxes- GST in Bachelor of Commerce (B Com) Page 2 McqOptions

51.	Transfer of right in goods or of undivided share in goods without the transfer of title thereof shall be considered as .
A.	Supply of goods
B.	Supply of services
C.	Neither as a supply of goods nor a supply of services
D.	Either as a supply of goods or a supply of services
Answer» C. Neither as a supply of goods nor a supply of services

Discussion

52.	Transfer of title in goods under an agreement which stipulates that property in goods shall pass at a future date upon payment of full consideration as agreed shall be considered as .
A.	Supply of goods
B.	Supply of services
C.	Neither as a supply of goods nor a supply of services
D.	Either as a supply of goods or a supply of services
Answer» B. Supply of services

Discussion

53.	GST is payable on the services provided by the employee to the employer in the course of employment on
A.	Regular basis
B.	Contract basis as employed by the company
C.	Contract basis as employed by a contractor
D.	None of the above
Answer» D. None of the above

Discussion

54.	As per the CGST Act, 2017, "business" includes : (i) Adventure not for a pecuniary benefit (ii) Any activity or transaction undertaken by the Central Government, a State Government or any local authority in which they are engaged as public authorities.
A.	(ii) only
B.	Both (i) and (ii)
C.	Neither (i) nor (ii)
D.	(i) only
Answer» C. Neither (i) nor (ii)

Discussion

55.	Development, design, programming, customisation, adaptation, upgradation, enhancement, implementation of information technology software shall be treated as .
A.	Supply of goods
B.	Supply of services
C.	Neither as a supply of goods nor a supply of services
D.	Either as a supply of goods or a supply of services
Answer» C. Neither as a supply of goods nor a supply of services

Discussion

56.	Transfer of the right to use any goods for any purpose (whether or not for a specified period) for cash, deferred payment or other valuable consideration shall be treated as .
A.	Supply of goods
B.	Supply of services
C.	Neither as a supply of goods nor a supply of services
D.	Either as a supply of goods or a supply of services
Answer» C. Neither as a supply of goods nor a supply of services

Discussion

57.	Temporary transfer or permitting the use or enjoyment of any intellectual property right shall be treated as .
A.	Supply of goods
B.	Supply of services
C.	Neither as a supply of goods nor a supply of services
D.	Either as a supply of goods or a supply of services
Answer» C. Neither as a supply of goods nor a supply of services

Discussion

58.	What is the time of supply of service for the supply of taxable services up to ` 1000 in excess of the amount indicated in the taxable invoice?
A.	At the option of the supplier 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» B. Date of issue of invoice

Discussion

59.	Agreeing to the obligation to refrain from an act, or to tolerate an act or a situation, or to do an act is .
A.	Supply of goods
B.	Supply of services
C.	Neither as a supply of goods nor a supply of services
D.	Either as a supply of goods or a supply of services
Answer» C. Neither as a supply of goods nor a supply of services

Discussion

60.	Supply of goods by any unincorporated association or body of persons to a member thereof for cash, deferred payment or other valuable consideration shall be treated as .
A.	Supply of goods
B.	Supply of services
C.	Neither as a supply of goods nor a supply of services
D.	Either as a supply of goods or a supply of services
Answer» B. Supply of services

Discussion

61.	The functions performed by the Members of Parliament, Members of State Legislature, Members of Panchayats, Members of Municipalities and Members of other local authorities shall be treated as .
A.	Supply of goods
B.	Supply of services
C.	Neither as a supply of goods nor a supply of services
D.	Either as a supply of goods or a supply of services
Answer» D. Either as a supply of goods or a supply of services

Discussion

62.	The duties performed by any person who holds any post in pursuance of the provisions of the Constitution in that capacity shall be considered as .
A.	Supply of goods
B.	Supply of services
C.	Neither as a supply of goods nor a supply of services
D.	Either as a supply of goods or a supply of services
Answer» D. Either as a supply of goods or a supply of services

Discussion

63.	Services of funeral, burial, crematorium or mortuary including transportation of the deceased shall be treated as .
A.	Supply of goods
B.	Supply of services
C.	Neither as a supply of goods nor a supply of services
D.	Either as a supply of goods or a supply of services
Answer» D. Either as a supply of goods or a supply of services

Discussion

64.	Shall a dealer making the exclusive supply of Liquor or Petrol, Diesel and Crude Oil have to take registration under the GST Act?
A.	Ye
B.	No
C.	Optional
D.	Either (a) or (c)
Answer» C. Optional

Discussion

65.	The place of supply of services on board a conveyance, including a vessel, an aircraft, a train or a motor vehicle shall be the
A.	Location of the supplier of service
B.	Place where the passenger embarks on the conveyance for a continuous journey
C.	Location of the first scheduled point of departure of that conveyance for the journey
D.	Place of destination of journey
Answer» D. Place of destination of journey

Discussion

66.	Determine the value of taxable supply as per Section 15 of the CGST Act; 2017 :Contracted sale price of goods (including CGST and SGST @5%) 10,56,000 The contracted sale price includes the following elements of cost:(i) Cost of drawings and design 5,000(ii) Cost of primary packing 2,000(iii) Cost of packing at buyer s request 4,000(iv)Fright and insurance from place of removal to buyer s premises 43,000 A discount of 6,000 was given by the supplier at the time of supply of goods. CGST and SGST is levied @ 5%.
A.	10,56,000
B.	10,50,000
C.	10,00,000
D.	11,10,000
Answer» D. 11,10,000

Discussion

67.	Which of the following transaction is inter-state supply of goods involving movement of goods? (1) Location of supplier is in Bangalore and location of recipient is in Mumbai and goods are shipped to Kolkata (2) Location of supplier is in Bangalore and place of supply is Mumbai (3) Location of supplier and place of supply is Bangalore (4) None of the above
A.	1 and 2
B.	1 and 3
C.	2 and 3
D.	4
Answer» B. 1 and 3

Discussion

68.	In relation to a registered person, input tax means the Central tax, State tax, Integrated tax or Union Territory tax charged on any supply of goods or services or both made to him and includes
A.	The integrated goods and services tax charged on import of goods
B.	The tax payable under Reverse Charge Mechanism as per SGST Act
C.	The tax payable under Reverse Charge Mechanism as per UTGST Act
D.	The tax payable under the composition levy
Answer» E.

Discussion

69.	Which of the following services are notified under section 9(3) of CGST Act, 2017 or section 5(3) of IGST Act, 2017 the tax on which shall be paid on reverse charge basis by the recipient of such supply ?(i) Supply of security services provided by a person other than a body corporate to a composition tax payer(ii) Services supplied by an insurance agent to insurance company located in taxable territory(iii) Supply of services by way of renting of hotel accommodation through e-commerce operator.(iv)Supply of notified categories of goods or services or both by a supplier, who is not registered, to specified class of registered persons.Choose from the following options :
A.	(i) and (ii)
B.	Only (ii)
C.	(i), (ii), (iii)
D.	(i) and (iv)
Answer» C. (i), (ii), (iii)

Discussion

70.	When agriculturist supplies tobacco leaves to a factory, registered under GST, the liability to pay GST is on
A.	tobacco leaves seller
B.	the buyer under reverse charge
C.	the agriculturist
D.	consumer of tobacco leaves
Answer» C. the agriculturist

Discussion

71.	From the following information determine the value of taxable supply as per provisions of Section 15 of the CGST Act, 2017? Contracted value of supply of goods (including GST @ 18%) 11,80,000 The contracted value of supply includes the following: (1) Cost of primary packing 25,000 (2) Cost of protective packing at recipient s request for safe transportation 15,000
A.	10,00,000
B.	11,80,000
C.	11,55,000
D.	11,40,000
Answer» B. 11,80,000

Discussion

72.	Exempt supply means supply of any goods or services or both which may be wholly exempt from tax under section 11 or under section 6 of the IGST Act and includes(i) non-taxable supply(ii) zero rated supply(iii) supply having nil rate of tax(iv) composite supply
A.	(i), (ii) and (iii)
B.	(i) and (iv)
C.	(i) and (iii)
D.	All the four above
Answer» D. All the four above

Discussion

73.	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 the
A.	Location where service is rendered
B.	Location of the service provider
C.	Location of the recipient
D.	Any of the above
Answer» C. Location of the recipient

Discussion

74.	Persons shall be deemed to be related persons if any person directly or indirectly owns, controls or holds or more of the outstanding voting stock or shares of both of them;
A.	25%
B.	26%
C.	51%
D.	0%
Answer» B. 26%

Discussion

75.	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 the
A.	Location where service is rendered
B.	Location of the service provider
C.	Location of the recipient
D.	Any of the above
Answer» D. Any of the above

Discussion

76.	The place of supply of services provided by way of transportation of goods, including by mail or courier, to a person other than a registered person, shall be the
A.	Place at which such goods are handed over for their transportation
B.	Location of the supplier of service
C.	Location of the recipient of service
D.	Any of the above
Answer» B. Location of the supplier of service

Discussion

77.	Where a business carried on by a taxable person registered under this Act is transferred to another person as a going concern,
A.	Transferror s registration shall be taken as transferee s registration
B.	The transferee shall be liable to be registered w.e.f. the date of transfer
C.	Both transferor and transferee are required to obtain fresh registration
D.	None of the above
Answer» C. Both transferor and transferee are required to obtain fresh registration

Discussion

78.	Mr. A was liable to pay GST of ` 10,000 on 20-8-2019 but he failed to pay. Later he decided to pay tax on 26-10-2019. What would be the period for which interest has to be paid by him ?
A.	66 day
B.	67 days
C.	68 days
D.	70 days
Answer» C. 68 days

Discussion

79.	GT Jewellers Ltd. paid ` 50 lakhs for sponsorship of Miss India beauty pageant in Mumbai to Stylist & Co. a partnership firm. GST is liable to be paid by
A.	GT Jewellers Ltd.
B.	Miss India beauty pageant
C.	Stylish & Co.
D.	Exempted Supply
Answer» B. Miss India beauty pageant

Discussion

80.	Which of the following can be treated as "goods" under the CGST Act, 2017 ?(i) Movable Property(ii) Money and Securities(iii) Actionable Claim Select the correct answer from the options given below :
A.
B.
C.
D.
Answer» B.

Discussion

81.	A famous actress went to London and availed cosmetic or plastic surgery for her nose. Whether GST is liable to be paid ?
A.	Ye
B.	No
C.	No supply at all
D.	None of the above
Answer» C. No supply at all

Discussion

82.	Section 2(6) of the CGST / SGST Act, 2017 defines aggregate turnover which is being computed on all India basis excluding the taxes charged under CGST Act, SGST Act, UTGST Act and IGST Act. Aggregate turnover shall include all supplies made by a taxable person comprising of(i) Taxable supply(ii) Exempt supply(iii) Export of goods and services(iv)All inter-state supply of person having same PAN(v) Supply on which tax is levied on reverse charge basis(vi)Value of all inward supply
A.	(i), (iii), (iv) and (v)
B.	(i), (iii), (iv) and (vi)
C.	All the above in (i) to (vi)
D.	(i), (ii), (iii) and (iv)
Answer» E.

Discussion

83.	When employer gifts goods to his employees, it will not be considered as taxable supply for the purpose of GST if the value of supply to an employee does not exceed:
A.	5,000
B.	20,000
C.	50,000
D.	1,00,000
Answer» D. 1,00,000

Discussion

84.	Who will take registration on services in relation to transportation of goods (including used household for personal use) if, GTA avails ITC on supplies made by him
A.	GTA, forward charge
B.	GTA, RCM
C.	Service receiver, forward charge
D.	Service receiver, RCM
Answer» B. GTA, RCM

Discussion

85.	GST Council comprises of various persons from Union and States and is being headed by a Chair Person who is
A.	Finance Secretary to Government of India
B.	Union Finance Minister
C.	Any State Finance Minister
D.	Union Revenue Minister
Answer» C. Any State Finance Minister

Discussion

86.	Which of the following statements are correct?(i) Revocation of cancellation of registration under CGST/SGST Act shall be deemed to be a revocation of cancellation of registration under SGST/CGST Act.(ii) Cancellation of registration under CGST/SGST Act shall be deemed to be a cancellation of registration under SGST/CGST Act.(iii) Revocation of cancellation of registration under CGST/SGST Act shall not be deemed to be a revocation of cancellation of registration under SGST/CGST Act.(iv)Cancellation of registration under CGST/SGST Act shall not be deemed to be a cancellation of registration under SGST/CGST Act.
A.	(i) and (ii)
B.	(i) and (iv)
C.	(ii) and (iii)
D.	(iii) and (iv)
Answer» B. (i) and (iv)

Discussion

87.	Power to declare certain activities / transactions as neither supply of goods nor of services is given in
A.	Schedule IV
B.	Schedule III
C.	Schedule II
D.	Schedule I
Answer» C. Schedule II

Discussion

88.	The activities to be treated as supply of goods or supply of services as referred to in of CGST Act, 2017.
A.	Schedule I of CGST Act
B.	Schedule II of CGST Act
C.	Schedule III of CGST Act
D.	Section 7
Answer» C. Schedule III of CGST Act

Discussion

89.	Section 24 of the CGST Act, 2017 lists categories of persons who are required to take registration even if they are not covered under section 22 of the Act. Find out from the following categories of persons who are being required to take registration as per section 24 of the CGST Act, 2017:(i) Casual taxable person(ii) Non-resident taxable person(iii) Recipient of service under Reverse Charge(iv)Inter-state supplier(v) Input service distributor
A.	(i), (iii) and (v)
B.	(i), (ii), (iv) and (v)
C.	(i), (ii) and (v)
D.	All the 5 in (i) to (v)
Answer» E.

Discussion

90.	Cross-Utilization of credit of available IGST after utilization towards payment of IGST is done in the following chronological order :
A.	CGST then SGST/UTGST
B.	SGST/UTGST then CGST
C.	CGST, UTGST and SGST simultaneously
D.	Only IGST
Answer» B. SGST/UTGST then CGST

Discussion

91.	Madhan is located in Chennai. He has a branch office in Cochin. He wants to transfer goods. His turnover was always below ` 10 lakhs. His registration under GST is
A.	Voluntary
B.	Compulsory
C.	Compulsory only when turnover exceeds 20 lakhs
D.	As and when deemed by the Revenue
Answer» C. Compulsory only when turnover exceeds 20 lakhs

Discussion

92.	Does cancellation of registration under CGST affect the liability under SGST/IGST for period prior to cancellation of registration?
A.	Cancellation of registration will immune his liability under CGST only.
B.	Cancellation of registration will immune his liability under IGST only.
C.	Cancellation of registration will immune his liability under SGST and CGST but not under IGST.
D.	Cancellation does not affect the liability of taxable person to pay tax and other dues under CGST/SGST/IGST Act.
Answer» E.

Discussion

93.	specifies the activities which are neither to be treated as supply of goods nor a supply of services.
A.	Schedule I of CGST Act
B.	Schedule II of CGST Act
C.	Schedule III of CGST Act
D.	All of the above
Answer» D. All of the above

Discussion

94.	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
D.	None of the above
Answer» C. Yes, if the receiver can prove later that documents are received subsequently

Discussion

95.	There was increase in tax rate from 20% to 24% w.e.f. 1.9.2019. Which of the following rate is applicable if the supplier has opted for composition levy and invoice was issued after change in rate of tax in September, 2019 but payment received, and goods supplied in August, 2019 :
A.	20% as it is lower of the two
B.	24% as it is higher of the two
C.	20% as payment was received in the period during which the supply was effected
D.	24% as invoice being one of the factors was issued after rate change
Answer» D. 24% as invoice being one of the factors was issued after rate change

Discussion

96.	What should the taxable person do if he pay s the wrong tax i.e. IGST instead of CGST/SGST or vice versa?
A.	Remit tax again and claim refund
B.	It will be auto-adjusted
C.	It will be adjusted on application/request
D.	None of the above
Answer» B. It will be auto-adjusted

Discussion

97.	For the purpose of calculating the compensation payable to the States under the Goods and Service Tax (Compensation to States) Act, 2017 the base year for reckoning the Revenue is :
A.	31.3.2014
B.	31.3.2015
C.	31.3.2016
D.	31.3.2017
Answer» D. 31.3.2017

Discussion

98.	There was increase in tax rate from 20% to 24% w.e.f. 1.09.2019. Which of the following rate is applicable when services are provided after change in rate of tax in September 2019, but invoice issued and payment received, both in August, 2019 :
A.	20% as it is lower of the two
B.	24% as it is higher of the two
C.	20% as invoice and payment were received prior to rate change
D.	24% as the supply was completed after rate change
Answer» D. 24% as the supply was completed after rate change

Discussion

99.	Mr. Pappu Singh, commenced his business in Feb. 2019. He has established following units :(i) Unit A (in SEZ) and Unit B (non-SEZ) in the State of Maharashtra(ii) Unit C in Delhi(iii) Unit D and E in the State of Goa Mr. Pappu Singh has approached you to help him in determining the states and number registrations he is required to take under GST (presuming the fact that he is making taxable supply from each state and his aggregate turnover exceeds the threshold limit) :
A.	Maharashtra - 2 : Delhi - 1, Goa - Optional 1 or 2
B.	Maharashtra - Optional 1 or 2 : Delhi - 1, Goa - Optional 1 or 2
C.	Maharashtra - 1 : Delhi - 1, Goa - 1
D.	Maharashtra - 2 : Delhi - 1, Goa - 2
Answer» B. Maharashtra - Optional 1 or 2 : Delhi - 1, Goa - Optional 1 or 2

Discussion

100.	From the following information determine the TOS of goods where goods are taxed on reverse charge basis Date of issue of invoice by the supplier - 30th Nov. 2019 Date of receipt of goods - 30th Nov. 2019 Date of payment by the recipient - 10th Dec. 2019 Entry of receipt of services in the recipient s BOA - 12th Dec. 2019
A.	30th Nov. 2019
B.	10th Dec. 2019
C.	12th Dec. 2019
D.	30th Dec. 2019
Answer» B. 10th Dec. 2019

Discussion

Explore topic-wise MCQs in Bachelor of Commerce (B Com).

Transfer of right in goods or of undivided share in goods without the transfer of title thereof shall be considered as .

Transfer of title in goods under an agreement which stipulates that property in goods shall pass at a future date upon payment of full consideration as agreed shall be considered as .

GST is payable on the services provided by the employee to the employer in the course of employment on

As per the CGST Act, 2017, "business" includes : (i) Adventure not for a pecuniary benefit (ii) Any activity or transaction undertaken by the Central Government, a State Government or any local authority in which they are engaged as public authorities.

Development, design, programming, customisation, adaptation, upgradation, enhancement, implementation of information technology software shall be treated as .

Transfer of the right to use any goods for any purpose (whether or not for a specified period) for cash, deferred payment or other valuable consideration shall be treated as .

Temporary transfer or permitting the use or enjoyment of any intellectual property right shall be treated as .

What is the time of supply of service for the supply of taxable services up to ` 1000 in excess of the amount indicated in the taxable invoice?

Agreeing to the obligation to refrain from an act, or to tolerate an act or a situation, or to do an act is .

Supply of goods by any unincorporated association or body of persons to a member thereof for cash, deferred payment or other valuable consideration shall be treated as .

The functions performed by the Members of Parliament, Members of State Legislature, Members of Panchayats, Members of Municipalities and Members of other local authorities shall be treated as .

The duties performed by any person who holds any post in pursuance of the provisions of the Constitution in that capacity shall be considered as .

Services of funeral, burial, crematorium or mortuary including transportation of the deceased shall be treated as .

Shall a dealer making the exclusive supply of Liquor or Petrol, Diesel and Crude Oil have to take registration under the GST Act?

The place of supply of services on board a conveyance, including a vessel, an aircraft, a train or a motor vehicle shall be the

In relation to a registered person, input tax means the Central tax, State tax, Integrated tax or Union Territory tax charged on any supply of goods or services or both made to him and includes

When agriculturist supplies tobacco leaves to a factory, registered under GST, the liability to pay GST is on

Exempt supply means supply of any goods or services or both which may be wholly exempt from tax under section 11 or under section 6 of the IGST Act and includes(i) non-taxable supply(ii) zero rated supply(iii) supply having nil rate of tax(iv) composite supply

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 the

Persons shall be deemed to be related persons if any person directly or indirectly owns, controls or holds or more of the outstanding voting stock or shares of both of them;

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 the

The place of supply of services provided by way of transportation of goods, including by mail or courier, to a person other than a registered person, shall be the

Where a business carried on by a taxable person registered under this Act is transferred to another person as a going concern,

Mr. A was liable to pay GST of ` 10,000 on 20-8-2019 but he failed to pay. Later he decided to pay tax on 26-10-2019. What would be the period for which interest has to be paid by him ?

GT Jewellers Ltd. paid ` 50 lakhs for sponsorship of Miss India beauty pageant in Mumbai to Stylist & Co. a partnership firm. GST is liable to be paid by

Which of the following can be treated as "goods" under the CGST Act, 2017 ?(i) Movable Property(ii) Money and Securities(iii) Actionable Claim Select the correct answer from the options given below :

A famous actress went to London and availed cosmetic or plastic surgery for her nose. Whether GST is liable to be paid ?

When employer gifts goods to his employees, it will not be considered as taxable supply for the purpose of GST if the value of supply to an employee does not exceed:

Who will take registration on services in relation to transportation of goods (including used household for personal use) if, GTA avails ITC on supplies made by him

GST Council comprises of various persons from Union and States and is being headed by a Chair Person who is

Power to declare certain activities / transactions as neither supply of goods nor of services is given in

The activities to be treated as supply of goods or supply of services as referred to in of CGST Act, 2017.

Cross-Utilization of credit of available IGST after utilization towards payment of IGST is done in the following chronological order :

Madhan is located in Chennai. He has a branch office in Cochin. He wants to transfer goods. His turnover was always below ` 10 lakhs. His registration under GST is

Does cancellation of registration under CGST affect the liability under SGST/IGST for period prior to cancellation of registration?

specifies the activities which are neither to be treated as supply of goods nor a supply of services.

In case supplier has deposited the taxes but the receiver has not received the documents, is receiver entitled to avail credit?

There was increase in tax rate from 20% to 24% w.e.f. 1.9.2019. Which of the following rate is applicable if the supplier has opted for composition levy and invoice was issued after change in rate of tax in September, 2019 but payment received, and goods supplied in August, 2019 :

What should the taxable person do if he pay s the wrong tax i.e. IGST instead of CGST/SGST or vice versa?

For the purpose of calculating the compensation payable to the States under the Goods and Service Tax (Compensation to States) Act, 2017 the base year for reckoning the Revenue is :

There was increase in tax rate from 20% to 24% w.e.f. 1.09.2019. Which of the following rate is applicable when services are provided after change in rate of tax in September 2019, but invoice issued and payment received, both in August, 2019 :