Gst Archives

1. Any input tax paid on purchase of goods or services by an assessee for employees is eligible for ITC?

Yes

Yes, on the services notified which are obligatory for an employer to provide to its employees under any law for the time being in force

Not applicable

Detailed SolutionAny input tax paid on purchase of goods or services by an assessee for employees is eligible for ITC?

2. Is definition of Inputs includes capital goods

Yes

nan

Detailed SolutionIs definition of Inputs includes capital goods

3. The books and other records U/S 35 are to be maintained at

Place where the books and accounts are maintained

Place of address of the Proprietor/ Partner/Director/Principal Officer

Principal place of business mentioned in the Certificate of Registration

Any of the above

Detailed SolutionThe books and other records U/S 35 are to be maintained at

4. _______ is the first state that passed GST bill.

Andhra Pradesh

Gujarat

Uttar Pradesh

Bihar E. Telangana

Detailed Solution_______ is the first state that passed GST bill.

5. Which of the following requires amendment in the registration certificate?

Change of name of the registered person

Change in constitution of the registered person

Switching over form composition scheme to normal scheme or vice versa.

All of the above

Detailed SolutionWhich of the following requires amendment in the registration certificate?

6. Who is considered as an e-commerce operator, who _____________digital or electronic facility or platform for electronic commerce

Owns

Operates

Manages

Any of the above

Detailed SolutionWho is considered as an e-commerce operator, who _____________digital or electronic facility or platform for electronic commerce

7. The headquarters of GST council is _______.

Mumbai

New Delhi

Ahmadabad

Hyderabad E. Lucknow

Detailed SolutionThe headquarters of GST council is _______.

8. The details of outward supplies of goods or services shall be submitted by

10th of the succeeding month

18th of the succeeding month

15th of the succeeding month

20th of the succeeding month

Detailed SolutionThe details of outward supplies of goods or services shall be submitted by

9. Provisional Input tax credit can be utilized against

Any Tax liability

Self Assessed output Tax liability

Interest and Penalty

Fine

Detailed SolutionProvisional Input tax credit can be utilized against

10. An invoice must be issued:

At the time of removal of goods.

On transfer of risks and rewards of the goods to the recipient;

On receipt of payment for the supply;

Earliest of the above dates.

Detailed SolutionAn invoice must be issued:

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