CS Executive GST MCQs (asked by ICSI in Previous Papers)


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Which of the following countries was the first to introduce GST?

All decisions of the GST Council must have a majority in order to implement the same.

Which law will govern the inter-State supply of goods or services?

Which of the following has been kept out of the GST Levy?

Abhijit Sen is engaged in running a textile showroom at Gangtok (Sikkim). In order to avail composition scheme under GST law, his “aggregate turn-over” in the preceding financial year should not have exceeded:

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

Which of the following incomes/ activities is liable for GST?

Which of the following represents composite supply?

In the case of a manufacturer who opts for composition scheme the rate of GST (including CGST and SGST) is:

Which of the following GST model is adopted in India?

For the purpose of deciding “aggregate turnover” in order to determine the GST payable under the composition scheme, which of the following is to be excluded?

Goods and Services Tax (GST) noted to be the greatest tax reform in India and therefore was rolled out with effect from 1st July 2017. It transforms a system of taxation and administration into the digital world by adopting the latest information technology. The GST model rolled out in India has been adapted from:

Special purpose vehicle to cater for the IT needs of GST is called:

GST in India is levied on the basis of:

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

Construction of a complex, building, civil structure or the part thereof including a complex or building intended for sale to a buyer, wholly or partly except where the entire consideration has been received after issuance of the completion certificate, where required, by a competent authority or after its first occupation, whichever is earlier for the purpose of taxability under the CGST Act, 2017 shall be treated as supply of:

Which of the following categories of registered persons are not eligible for the Composition Scheme under the CGST Act, 2017? (i) Supplier of the Restaurant Ser-vices (ii) Manufacturer of notified goods (iii) Non-resident taxable persons (iv) Casual taxable person Select correct answer from the options given below:

Mr Bala has made supply (within State) of taxable goods to the tune of ₹ 17 lakh, export supplies of ₹ 3 lakh and intra-state supply of exempt services of ₹ 4 lakh. His aggregate turnover as per Section 2(6) of the CGST/SGST Act, 2017 is:

A supply made by a taxable person to a recipient consisting of two or more taxable supply of goods or services or both or any combination thereof which are only bundled and supplied in conjunction with each other in the ordinary course of business out of which one is a principal supply has been defined u/s 2(30) of CGST Act, 2017 to mean:

Provision for levy and collection of tax on intra-State supply of goods or services or both by the Union Territory and for matters connected therewith or incidental thereto are being enumerated in:

The highest enabling limit of a tax rate of IGST has been prescribed at:

A registered supplier under com-position levy can withdraw at any time and be required to file the Form for withdrawal from composition levy in:

Mr S, a manufacturer of medicines, whose turnover for the financial year 2018-2019 was ₹ 90 lakh opted to pay tax under GST as per the composition scheme from 1st April 2019. His turnover crosses ₹ 1.5 Crore on 30 November 2019. Will he be allowed to pay tax under the composition scheme for the remainder of the year ie. from 1st December 2019 to 31st March 2020?

The payment of tax by an electronic operator who does not have a physical presence in taxable territory in India be made by……..

The GST Council for ensuring a single interface has distributed the administrative control of taxpayers of certain percentage with Central Tax Administration:

Find out from the following, who will be the member of the GST Council on behalf of each of the State:

GST Council is being constituted for making a recommendation on various issues relating to policy making, formulation of principle and implementation of policies relating to CGST Act, 2017. It is thus…

Exempt supply means the 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 Select correct answer from the options given below:

The exception to the general rule that “normally, the supplier of goods and services is liable to pay tax on supply, even if he does not collect from his customer ie. recipient of supply of goods or services” shall be applicable where there are:

Which of the following goods is not exempt from GST:

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

Section 2(6) of the CGST/SGST Act, 2017 defines aggregate turnover which is being computed on an 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 or services (iv) All Interstate supply of person having the same PAN (v) Supply on which tax is levied on reverse charge basis (vi) Value of all inward supply Select the correct answer from the options given below

President of India gave assent to (i) Central Goods and Services Tax Act, 2017 (ii) Integrated Goods and Services Tax Act, 2017 (iii) Union Territory Goods and Services Tax Act, 2017 and (iv) Goods and Services Tax (Compensation to State) Act, 2017 on:

The decision of the GST Council will be adopted when it has the support of:

The Compensation to States for loss of revenue on account of implementation of GST is for……..years

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

Composition scheme is not applicable to service providers except the following:

When goods are packed and transported with insurance, the supply of goods, packing materials, transport and insurance as per provisions of the CGST Act, 2017, is called as:

Service shall be a continuous supply of service agreed to be provided continuously or on a recurrent basis under a contract when the period of service exceeds:

Every decision of the Goods and Services Tax Council shall be taken at a meeting, by the majority of not less than……..of the weighted votes of the members present and voting. The vote of the Central Government shall have the weightage of……..of the total votes cast and the votes of all the State Government taken together shall have a weightage of……..of the total votes cast in that meeting.

The Goods and Services Tax Council shall establish a mechanism to adjudicate any dispute…….

Administration and procedural aspects of Goods and Services Tax are to be administered by the……..which is under the control of the Department of Revenue, Ministry of Finance, Government of India.

GST is a comprehensive tax regime covering both Goods and Services and is collected on value-added at each stage of the supply chain. GST is thus levied on the basis of ……..

Most of the countries in the world follow a uniform GST System whereas considering the federal nature of the Indian Constitution, the Model of GST proposed and implemented in India from 1st July 2017 is……..

Section 7 of the CGST Act, 2017 defines the term ‘supply’ which are further being enumerated in the various schedules as specified in that section. The section includes certain transactions which are even without consideration but being construed as supply and also known as deemed supply. Such transactions are being specified in…….

Permanent transfer or disposal of goods forming part of a business asset by or under the directions of the person carrying on the business whether or not for consideration as well as the transfer of title in goods under an agreement where the property in goods passes at a future date on payment of full consideration as per Schedule – II of the CGST Act, 2017 to be treated as ……..

Construction of a complex, building, civil structure or the part thereof including a complex or building intended for sale to a buyer, wholly or partly except where the entire consideration has been received after issuance of the completion certificate, where required, by a competent authority or after its first occupation, whichever is earlier as per section 7 of the CGST Act, 2017 read with item specified in schedule is known as……..

Which of the categories of registered persons who are being eligible for the composition scheme under the CGST Act, 2017:

The composition levy payable by a registered person whose aggregate turnover in the preceding Financial Year did not exceed one crore and fifty lakh rupees making supply by way of or as part of any services or in any other manner whatsoever of goods being food or any other article for human consumption or any drink (other than Alcoholic Liquor for human consumption) where such supply or service is for cash or defer payment or other valuable consideration shall be at ….. of the turnover.

The liability to pay GST would depend on the mechanism the transaction aligns to the supplier who is registered with GST, issues a tax invoice, collects the GST and pays it to the Government. This mechanism under GST is known as……..

The exempt supply has been defined as the supply of any goods/services/ both, which attract a Nil rate of tax, or which may be wholly exempt from tax, and therefore, includes non-taxable supplies. Which of the following is covered as an exempt supply under GST?

The supply of Goods/Services/ both, where the location of the supplier and the place of supply is in the same State or same Union Territory under CGST Act, 2017 and UTGST Act, 2017 is known as a……..

Service would be called as “continuous supply of service” if the service under a contract is provided continuously or on a recurrent basis exceeding:

Mr Ram supplied goods to Mr Laxman. The invoice is dated 30.7.2018. The payment was received for the supply on 30.10.2018. The goods were dispatched on 5.8.2018. What is a time of supply under the GGST Act?

Which of the following though shown in Bill will not be included in determining the value of supply for the purpose of GST?

Refreshments were supplied on board in an aircraft proceeding from Chennai to Delhi. It had a stop at Hyderabad. The refreshments were taken on board at Hyderabad. The place of supply is:

The time of supply “where goods or services or both have been supplied in a situation where the invoice issued before the change in the rate of tax but payment received after the change in the rate of tax” as per section 14 of the CGST Act, 2017 shall be:

The subsidy is given by the Central Government or a State Government while determining the value of taxable supply under Goods and Services Tax (GST) as per section 15 of the CGST Act, 2017

ABC Ltd. of Mumbai supplied goods to XYZ Ltd. of Delhi under a contract for the goods to be delivered at the factory of the buyers. Goods removed from the factory of ABC Ltd. on 9.8.2019 and were delivered to the factory of XYZ Ltd. of Delhi on 16.8.2019. The invoice for the supplies was raised by ABC Ltd. on 18.8.2019. Payment of the bill was received on 20.9.2019. The time of supply in this case under GST be taken as:

When an unregistered dealer sup-plied goods to a registered dealer, the time of supply under reverse charge shall be earliest of the:

Ram & Company of Delhi has taken a contract to supply of food in New Delhi- Mumbai Rajdhani Express and the supplies of food in the train are being taken on board at Kota in Rajasthan from Agarwal Food & Caterers. The place of supply in such case shall be……..

Mr Ravi Raj a registered person based in Ahmedabad solicits the services of an Event Management Company based in Mumbai for his daughter’s marriage planned as a destination wedding at a Palace located in Udaipur. The place of supply, in this case, shall be…….. and tax to be charged under ……..

ABC Ltd. supplied goods to XYZ Ltd. under a contract for the goods to be delivered to the factory of XYZ Ltd. The goods were removed from the factory of ABC Ltd. on 9th September 2020 and the goods were delivered to the factory of XYZ Ltd. on 15th September 2020. The invoice was issued on 18th September 2020 and the payment was credited to ABC’s account on 20th Oct. 2020 although the entry in the books was made on 19th Sept. 2020 when the cheque was received. The time of supply, in this case, will be :

What will the value of the supply of the mobile phone sold by Micromax to Anil Kumar for ₹ 35,000 in exchange for his old mobile phone? The sale price of the new mobile phone without exchange is ₹ 40,000. The value of the old mobile phone so exchanged was ₹ 7,000.

Mishra Enterprises had made supplies of ₹ 5,50,000 to Bee Kay Enterprises. Municipal Authorities of Jaipur on such supplies levied the tax @ 10% of ₹ 55,000. CGST and SGST chargeable on the supply was of ₹ 66,000. Packing charges not included in the price of ₹ 5,50,000 amounted to ₹ 15,000. A subsidy of ₹ 25,000 was received from an NGO on the sale of such goods and the price of ₹ 5,50,000 is after taking into account the amount of subsidy so received. The discount offered is @ 1% which was mentioned on the invoice. The value of supply, in this case, shall be……..

Babur Automobiles of Jaipur has supplied the goods of ₹ 2,66,090 to Goel Automobiles of Ajmer in the month of March 2020. The supply so made was inclusive of tax charged as CGST and SGST which on the products so sold as per rates prescribed under CGST Act, 2017 is @ 1896. The value of supply as per Rule 35 of the CGST Rules, 2017 of such supply shall be ……..

Mani gave goods for processing by Murali. While Mani is registered in GST, Murali is not registered in GST. Both are in Chennai. The processing is liable for GST @ 596. The goods were received after processing on 11.7.2018. Entries in the books were made by Mr Mani on 12.7.2018. The delivery challan was also received on 11.7.2018. Job work charges amount to ₹ 1,00,000 (without GST). When and how much is the GST liability? And who must pay?

Which of the following expenditure is eligible for an input tax credit?

Who must perform the function of Tax Collection at Source (TCS) under GST?

Section 2(62) of the CGST Act, 2017 specifies input tax in relation to a registered person to mean Central Tax, State Tax, Integrated Tax or Union Territory Tax charged on any supply of goods or services or both and also include: (i) Integrated goods and services tax charged on import of goods. (ii) Tax under the provisions of section 9(3) and 9(4) (iii) Tax paid under composition levy (iv) Tax under Union Territory Goods and Services Tax Act. The correct answer is –

Mr Pankaj of Delhi supplied goods to Mr Krishna of Delhi for ₹ 1 lakh, on which total GST was charged @ 12%. Mr Krishna, after purchasing of goods, added a 20% margin of profit (on cost) and sold the entire goods to Mr Ravi of Delhi. The total amount of tax payable after claiming input tax on such transaction by Mr Krishna is:

Patel of Surat, Gujarat supplied goods to Patil of Mumbai, Maharashtra for ₹ 1,20,000 (excluding GST) but after adding 30% profit margin (on cost). Patil is also a taxable person. IGST rate is 18%. The amount of input tax credit that can be availed and the maximum time limit for availing such input tax credit by Patil of Mumbai, Maharashtra as per CGST Act, 2017 is……

The stipulated time limit within which inputs and capital goods sent to a job working in job work, shall be brought back and beyond that period it will be treated as supply and tax is payable by the principal as per CGST Act, 2017 is……..

The credit of tax paid on input services used by more than one supplier be distributed as per provisions of the CGST Act, 2017 ……..

Section 51 of the CGST Act, 2017 mandates deduction of tax at source (TDS) at a specified percentage by the Government or Local Authorities from the payments made or credited to the supplier where the value of supply under a contract exceeds the specified limit. State the specified percentage of TDS and the threshold limit of taxable goods or services or both under the contract ……..

The available balance of input tax credit in the electronic ledger of the registered person on account of Union territory tax shall be utilized as per section 9 of UTGST Act, 2017……

When the goods are sent to the job worker input tax credit will be reversed if the goods are not received back by the principal after completion of job work within……..of being sent out.

Input Service Distributor (ISD) may distribute the CGST credit within the State as:

The registered person, in case of the supply of capital goods or of plant and machinery on which input tax credit (ITC) has been availed/taken shall pay an amount equal to the Input Tax Credit on such capital goods or plant and machinery which is being arrived at by reducing the Input-tax at percentage points for every quarter or part thereof from the date of issue of invoice of such goods or the tax on the transaction value of such capital goods, whichever is higher.

To avail input tax credit, which of the following factors is not relevant:

The input tax credit cannot be availed after the expiry of……..from the date of issue of tax invoice of supply.

Section 2(62) of CGST Act, 2017 specify input tax in relation to a registered person, which 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 but does not include :

A registered taxable person is eli-gible to obtain Input Tax Credit (ITC) as per section 16 of the CGST Act, on fulfilling of certain conditions which consist of that such person should : (i) Be in possession of tax invoice (ii) Have received the goods (iii) Supplier have not paid the tax charged (iv) Supplier have furnished the re-turn u/s 39

Availability of Input Tax Credit in special cases as per section 18( 1) of the CGST Act, 2017 is available where a registered person is having a tax invoice relating to such supply issued not after the expiry of……..from the date of issue of tax invoice.

ABC Ltd. is engaged in the manufacture of electrical appliances supply following details relating to GST paid on various items by them: Item GST Paid (₹) Electrical Transformers utilized in the manufacturing process 1,20,000 Trucks used for transporting Materials 80,000 Cakes and Pastries for consumption within the factory 12,500 The amount of Input Tax Credit (ITC) available to ABC Ltd. shall be ……..

The Input Tax Credit (ITC) is being credited to……..of a person which may be used by the person to pay his output tax liability.

Integrated tax credit as per section 9 A of UTGST Act, 2017 on account of Union Territory Tax shall be utilized towards payment of ……..only after the input tax credit available on account of …….. has first been utilized towards such payment.

The threshold limit of turnover for registration under GST in the case of a person earning on the business of supplying goods in Gujarat is:

XYZ Co. Ltd. registered under GST has to maintain accounts and records until the expiry of……..months from the due date furnishing the annual return for the year.

Debit note is issued by the supplier of goods when:

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

A taxable person whose registration has been cancelled or surrendered must file the final return of GST within:

When a person liable to pay tax under GST claims excess input tax credit or excess reduction in output tax liability, he shall pay interest not exceeding:

When a special audit is directed under GST with the prior approval of the Commissioner the audit report signed and certified must be submitted within ……..days.

When a person evades GST or avails of input tax credit exceeding ₹ 500 lakhs he is liable for the following punishment:

Raj & Co., applied for voluntary registration under CGST Act, 2017 on 5th July 2018 and the registration was granted on 15th July 2018. Raj & Co. was having the stock available against the invoices for a period of 3 months old. Raj & Co. shall be eligible for an input tax credit on such stock as held as on:

A registered person as per Section 35 of the GST Act, 2017 is required to maintain proper accounts and records, and keep at his registered, principal place of business. Following are the records specified under this section are to be maintained by the registered person: (i) Production or manufacturing of goods (ii) Inward and Outward supply of goods or services or both (iii) Stock of goods (iv) Input credit availed (v) Output tax payable and paid (vi) Such other particulars as may be prescribed Select correct answer from the options given below:

Time duration as per section 36 of the CGST Act, 2017 for retention of accounts and records under GST is until the expiry of……..months from the due date of furnishing of annual return for the year pertaining to such accounts and record.

A casual taxable person or a non-resident taxable person shall be required to apply for registration at least ……..days prior to the commencement of business.

A non-resident taxable person is required to provide details in the return for a non-resident foreign taxable person in the Return Form No.:

Input Service Distributor shall file the return in GSTR-6 for the input service distributed by:

A taxable person who makes an excess claim of input tax credit or excess reduction in output tax liability shall pay interest at such rate not exceeding:

A proper officer not below the rank of Joint Commissioner or an officer authorized by such proper Officer can make an order of seizure in Form:

A taxable person whose registration has been surrendered or cancelled is required to file the return within 3 months of the date of cancellation or date of cancellation order whichever is later in Form Number……..

The time duration for retention of accounts and records under Goods and Services Tax (GST) as per section 36 of the CGST Act, 2017 is:

Find out from the following, who are the persons not liable for registration under section 23 of the CGST Act, 2017:

The maximum validity period of the certificate of registration issued to a casual and non-resident taxable person as per Section 27 of the CGST Act, 2017 is:

The quantum of punishment “where any person convicted of an offence under section 132(2) of the CGST Act, 2017 and again convicted of an offence under this section” is:

The validity period specified for an e-way bill or a consolidated e-way bill under E-way rules as specified in rule 138 for ……..

Grounds which leads a commissioner to order for a special audit in case of a registered person by a communication in writing for getting his records including books of account examined and audited and by a person who……..

State the default committed on the part of a registered person which attracts an action by the proper officer to make best judgment assessment and also state the time limit within which such assessment is to be made:

State which shall be taken as the effective date of registration as per CGST Act, 2017 where the aggregate turnover of Madhur Company engaged in the supply of taxable services in the state of Rajasthan exceeded ₹ 40 lakh during the year on 25th September 2018, the application for registration under GST was filed on 19th October 2018 and the registration certificate was granted on 29th October 2018 by the authority:

Consumer Welfare Fund has been constituted by the Government of India and as per section 57 of the CGST Act, 2017, the following amounts will be credited to this fund: (i) Amount referred to in section 54(5) (it) Refund of tax in pursuance of section 77 (iii) Income from investment of the fund amount (iv) Refund of unutilized input tax credit Select correct answer from the options given below:

The assessee is required mandatorily to mention the Harmonized System Nomenclature (HSN) or Service Accounting Code (SAC) on the tax invoice of the product or service supplied under GST:

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