Gst

14. Balance in electronic credit ledger under CGST can be used against which liability?

CGST Liability only
CGST and IGST liability
CGST, IGST and SGST liability
None of them

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under CGST can be used against which liability?" class="read-more button" href="https://exam.pscnotes.com/mcq/balance-in-electronic-credit-ledger-under-cgst-can-be-used-against-which-liability/#more-57666">Detailed SolutionBalance in electronic credit ledger under CGST can be used against which liability?

16. Can a registered person under Composition Scheme claim input tax credit?

Yes
No
Input tax credit on inward supply of goods only can be claimed
Input tax credit on inward supply of services only can be claimed

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button" href="https://exam.pscnotes.com/mcq/can-a-registered-person-under-composition-scheme-claim-input-tax-credit/#more-57399">Detailed SolutionCan a registered person under Composition Scheme claim input tax credit?

17. GST threshold limit of North Eastern States is _______ lakhs

5
10
12
15 E. 20

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href="https://exam.pscnotes.com/mcq/gst-threshold-limit-of-north-eastern-states-is-_______-lakhs/#more-57327">Detailed SolutionGST threshold limit of North Eastern States is _______ lakhs

18. In case of goods sent on sale on approval basis, invoice has to be issued:

while sending the goods; another Invoice has to be issued by the recipient while rejecting the goods;
while sending the goods but the recipient can take credit only when the goods are accepted by him;
when the recipient accepts the goods or six months from the date of supply whichever isearlier.
when the recipient accepts the goods or three months from the date of supply whichever is earlier.

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goods sent on sale on approval basis, invoice has to be issued:" class="read-more button" href="https://exam.pscnotes.com/mcq/in-case-of-goods-sent-on-sale-on-approval-basis-invoice-has-to-be-issued/#more-57191">Detailed SolutionIn case of goods sent on sale on approval basis, invoice has to be issued:

19. Input tax credit on capital goods and Inputs can be availed in

In thirty six installments
In twelve installments
In one installment
In six installments

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class="youtube-icon"> Subscribe on YouTube availed in" class="read-more button" href="https://exam.pscnotes.com/mcq/input-tax-credit-on-capital-goods-and-inputs-can-be-availed-in/#more-57180">Detailed SolutionInput tax credit on capital goods and Inputs can be availed in

20. PAN issued under the Income Tax Act is mandatory for grant of registration.

It is one of the document listed.
No, for persons who are required to deduct tax at source u/s 51 shall have TAN in lieu of PAN.
Both (b) and (c)

Detailed SolutionPAN issued under the Income Tax Act is mandatory for grant of registration.

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