Q27. (10th may'24) w.e.f 01.01.2022, the refund of the accumulated input tax credit under section 54(3) of CGST Act shall be admissible on the basis of the input tax credit as reflected in?
A. GSTR-2A (0)
B. GSTR-2B (1)
C. GSTR-1 (0)
D. GSTR-9 (0)
Q26. (9th May'24) Supply of Cotton to Co operative Society is covered under RCM or FCM
A. Forward Charge (1)
B. Reverse charge (1)
C. No Supply as per schedule III (0)
Q25. (8th May'24) What is the tax rate for services supplied by National Testing Agency (NTA) by way of conduct of entrance examinations for admission to educational institutions
A. 5% (0)
B. 12% (0)
C. Exempt Supply (1)
Q24. (7th May'24) If Court give the renting of property to Telecommunication Company (Registered in the GST) then who will pay the tax
A. Exempted in the GST (0)
B. Court will pay the tax under Forward Charge (0)
C. It is covered in Schedule III and out of GST (0)
D. Recipient will pay the Tax under RCM (3)
Q23. (6th May'24) Can the GTA opted Forward Charge, pay 5% and 12% both in same FY?
A. Yes (0)
B. No (1)
Q22. (3rd May'24) What is the tax rate on newly inserted entry - “HSN 2207 10 12 – Spirits for industrial use”?
A. 12% (0)
B. 5% (0)
C. 18% (0)
D. NIL (0)
Q21. (2nd May'24) Whether the electricity charges received by real estate companies, malls etc. from their lessees/occupants along with renting services, maintenance etc. leviable to GST?
A. No, since electricity is not taxable under GST laws (0)
B. Yes, as the electricity is being supplied bundled with the renting of immovable (0)
C. property etc. and forms a part of the composite supply (0)
D. No, as it neither a supply of services nor goods (0)
Q20. (1st May'24) What is the tax rate of food preparation of millet flour, in powder form, containing at least 70% millets by weight (CTH 1901), sold in pre-packaged and labelled form?
A. 12% (1)
B. 5% (3)
C. 18% (0)
D. Nil (0)
Q19. (30th Apr'24) Commercial property of director has been given on rent as Rs 2 lacs per month to the company then tax will be paid
A. By the director under Forward Charge (1)
B. By the Company under Reverse charge (0)
C. No Supply as per schedule III (0)
Q18. (29th Apr'24) ECO is liable to pay GST on supplies made through it. On which of the following services ECO is not liable to pay GST?
A. Restaurant services other than the services supplied by restaurant, eating joints etc. (0)
B. Services by way of house-keeping, such as plumbing, carpentering etc. (0)
C. Services by way of providing accommodation in hotels, inns, guest houses (0)
D. Bus operators organized as companies (0)
Q17. (25th Apr'24) Service provided by a firm of advocate to another individual advocate is?
A. Taxable under Forward Charge (0)
B. Taxable under reverse Charge (0)
C. Exempted from GST (2)
Q16. (24th Apr'24) Aggregate Turnover was less than 5 Cr in all Fy. However in Feb 2024 the AATO exceeded 5 Cr then E Invoice is applicable form which date?
A. 1st Day of Next FY (13)
B. Immediate the date when the AATO exceeds Rs 5 Cr (2)
C. From next month i.e. March 2024 (0)
Q15. (23rd Apr'24) Whether E-hInvoice is applicable on exempt supply (Bill of Supply)?
A. Yes (0)
B. No (1)
Q14. (22nd Apr'24) What is the correct time limit for issuance of E Invoice
A. Within 30 days from the date of Invoice (0)
B. Immediately at the same time when the Invoice is generated. (0)
C. By 30th November following the end of FY (0)
Q13. (19th Apr'24) If a Courier Company located registered in Delhi provides the Service to the company located in Delhi for making the delivery of Goods to UK then which tax will be charged by the Courier Company and will it be export of service?
A. CGST and SGST and its Not Export of Service (2)
B. CGST and SGST and its Export of Service (0)
C. IGST and its Export of Service (0)
D. IGST and its not Export of Service (0)
Q12. (18th Apr'24) A Company located in Delhi provides the interior decoration service to Mr R registered in Haryana. However, the underlying immovable property is located in the USA. What would be the place of supply?
A. Delhi (0)
B. Haryana (1)
C. USA (0)
D. Out of GST as it’s export of service (0)
Q11. (17th Apr'24) Mr A is a GST registered person in Delhi and has the commercial property in Noida, UP and Haryana, which is rented. So whether Mr A needs to take registration in UP and Haryana?
A. No need to take separate registration. (0)
B. Yes need to take separate registration in Haryana and UP (0)
Q10. (16th Apr'24) Are insurance agents providing the service which is liable under RCM in the hand of the recipient. Whether Insurance Agent liable to take GST registration, If income exceeds 20L?
A. No as Outward RCM is not considered in the AATO (0)
B. No as it is exempted from registration as per Sec 23(2) (0)
C. Yes, need to take registration as AATO more than 20 lacs (0)