GST MOCK TEST

Goods and service tax

We are providing mock test for interview , It will very for useful success for your interview.

1 / 35

When Input Credit of GST Reversed?

Goods Lost;

Goods given as Free Sample;

Goods ta useken by Proprietor or Partner for personal

All of the above

2 / 35

Input Credit of GST not available for the which transations?

Membership Fee of Club, Health and Fitness Centre

Goods and or Services for personal consumption

• Purchase of Vehicles by persons not engaged in transport business

All of the above

3 / 35

Transactions on which GST is levied under Reverse Charge Mechanism?

Payment of fee to Lawyers

Transport of Goods

Purchase of Goods from Un registered person

All of the above

4 / 35

Purpose of introduction GST?

No Cascading Effect of Indirect Taxes;

Controlling Tax Evasion;

Uplifting GDP.

All of the above

5 / 35

What is the location of supply importance of goods?

location of importer

Onwer of the goods

Place where goods delivered from custom port

custom port

6 / 35

Limitation for regular registration for GST ?

Above 20 Lakhs

Above 30 Lakhs

Above 40 Lakhs

Above 50 Lakhs

7 / 35

Form is used for Mothly return for GST?

GSTR -1

GSTR -2A

GSTR -3B

GSTR - 9

8 / 35

GST registration is based on ?

Aadhar

PAN

Passport

TAN

9 / 35

when does liability to pay GST arises in the case of supply of goods?

On raising of invoice

At the time of supply of goods

On receipt of payment

Earlist of the any

10 / 35

The value of supply of goods and services shall be?

Transaction value

Market value

Cost Value

None

11 / 35

Which of the following products are outside the purview of GST?

Alcohal

Petrol

Tobacco

All of the above

12 / 35

Payment made through challan will be credited to which ledger?

Electronic Tax Liability Ledger

Electronic Cash Ledger

Electronic credit ledger

Any of the above

13 / 35

Every registered person shall be entitled to take credit of input tax in his return and such input tax credit shall be credited to?

Personal ledger account

Refund Account

Electronic Cash Ledger

Electronic credit ledger

14 / 35

Input tax credit as credited in electronic credit ledger can be utilised for?

Payment of interest

Payment of panalty

Payment of Fine

payment of Taxes

15 / 35

Due date for GST returns GSTR 1, GSTR 2A and GSTR 3B?

10th, 15th and 20th

5th, 10th and 15th

15th, 18th and 20th

5th, 15th and 20th

16 / 35

Credit Electronic cash ledger means

Amount has been utilised to pay dues

Amount has been deposited by taxable person

Both

None

17 / 35

Every E-commerce operator must compulsion register under GST?

True

False

Can't say

None

18 / 35

What is the place of supply when goods are assembled?

Place of assembled

Place of supplier

Place of recipient

None

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Date of issue of Invoice is

Actual date of Invoice

Last date of Invoice

Earlier of a or b

None

20 / 35

Reverse charge means

Onus to pay tax on Supplier

Onus to pay tax on Recipient

Both

None of the these

21 / 35

SAC code Stands for?

Service accounting code

System accounting code

Software accounting code

Service application code

22 / 35

HSN Code Stands for?

Home shopping network

Harmonised system of Nomenclature

Harmonised ship Number

Harmonised state Number

23 / 35

What is the location of supply importance of goods?

location of importer

Onwer of the goods

Place where goods delivered from custom port

custom port

24 / 35

Limitation for regular registration for GST ?

Above 20 Lakhs

Above 30 Lakhs

Above 40 Lakhs

Above 50 Lakhs

25 / 35

TCS shall be paid within ___ Days from the end of the month in which collection is made?

26 / 35

GST council formation based on Article number?

279A

289A

266A

299A

27 / 35

In India GST is effective from?

1st April,2017

1st June,2017

1st July, 2017

1st march,2017

28 / 35

How many types of taxes will be indian GST?

29 / 35

which of the following tax is not subsumed in GST?

VAT

Stamp Duty

Entry Tax

Entertainement Tax

30 / 35

which of the following tax is levied on import of goods?

CGST

SGST

IGST

Exempt

31 / 35

Which state became the first state of India to ratify GST bill?

Bihar

Telangana

Assam

Andhra Pradesh

32 / 35

which of the following is major advantage of GST?

Increase in govt revenue

Transparency

No cascading effect

Less Taxes

33 / 35

GST is a ____based tax on consumption of goods and services?

Origin

Destination

Development

Default

34 / 35

Combined Stake of Central and State Government in GSTN is?

20% and 80%

25% and 75%

49% and 51%

51% and 49%

35 / 35

In India, the GST Council has come out with a four-rate structure. They are?

5%, 12%, 18% and 24%

5%, 12%, 18% and 26%

5%, 12%, 18% and 28%

5%, 12%, 16% and 28%

Your score is

The average score is 61%