11. Maximum rate prescribed under UTGST/SGST?

14%
20%
28%
30%

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12. The time limit beyond which if goods are not returned, the input sent for job work shall be treated as supply

One year
Three years
Six months
Five years

Detailed SolutionThe time limit beyond which if goods are

not returned, the input sent for job work shall be treated as supply

13. The value of supply of goods and services shall be the

Transaction value
MRP
Market Value
None of above

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14. _______ is GST Finance Ministers First Panel Chairman.

Amit Mitra
Amit Malhodra
Amit Chandresekar
Amit Sastri E. Amit kohli

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15. The time limit to pay the value of supply with taxes

90 days
6 months
180 days
365 dyas

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16. Which of these registers/ledgers are maintained online?

Tax liability register
Credit ledger
Cash ledger
All of them

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17. Which one of the following is true?

A person can collect tax only he is registered
Registered person not liable to collect tax till his aggregate turnover exceeds threshold limit
A person can collect the tax during the period of his provisional registration
None of the above

Detailed SolutionWhich one of the following is true?

18. Which of the following taxes will be levied on Imports of goods and services?

CGST
SGST
IGST
Exempt

Detailed SolutionWhich of

the following taxes will be levied on Imports of goods and services?

19. First Return filed under GST is

GSTR-1
GSTR-3A
GSTR-2
GSTR-3B E. GSTR-4

Detailed

SolutionFirst Return filed under GST is

20. Which of the following is an intrastate supply?

Supplier of goods located in Nagpur and place of supply of goods SEZ located in Mumbai
Supplier of goods located in Kolkata and place of supply of goods in Bangalore
All the above

Detailed SolutionWhich of the following is an intrastate supply?


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