topic charge of gst

1. Who notifies the rate of CGST?

(a) Central Government suo-moto

(b) State Government suo-moto

(d) Central Government as per the recommendations of the GST Council

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2. What is the maximum rate prescribed under CGST?

(a) 12%

(b) 28%

(d) 40%

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3. Intra-state supplies are subject to

(a) CGST

(b) SGST or UTGST, as the case may be

(d) IGST

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4. “Zero rated supply” means

(a) export of goods or services or both

(b) import of goods or services or both

(d) export of goods or services or both and supply of goods or services or both to a SEZ Developer or a SEZ Unit

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5. Which of the following taxes will be levied on import of goods?

(a) CGST

(b) SGST

(d) Basic Customs Duty (BCD) and IGST

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6. GST is payable by the recipient under reverse charge on

(a) Sponsorship services

(b) Transport of goods by rail

(d) All of the above

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7. Which model of GST is introduced in India?

(a) National Level GST

(b) State Level GST

(d) None of the above

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8. GST is payable on services supplied by an individual advocate including a senior advocate or firm of advocates under reverse charge by

(a) Any recipient of service

(b) Any business entity located in the taxable territory

(d) All of the above

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9. GST is payable on services supplied by the Central Government, State Government, Union territory or local authority by way of renting of immovable property under reverse charge by

(a) Any recipient of service

(b) Any business entity located in the taxable territory

(d) All of the above

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10. The maximum rate of IGST can be

(a) 20%

(b) 30%

(d) None of the above

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11. On supply of which of the following items, GST shall be levied with effect from such date as may be notified by the Government on the recommendations of the Council

(a) Petroleum crude

(b) Alcoholic liquor for human consumption

(d) None of the above

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12.

(a) (i) & (iii)

(b) (i) & (iv)

(d) (ii) & (iv)

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13. Which of the following services does not fall under reverse charge provisions as contained u/s 9(3) of the CGST Act?

(a) Services supplied by arbitral tribunal to business entity

(b) Sponsorship provided to any partnership firm

(d) Service of renting of motor vehicle for passengers provided to a recipient other than body corporate

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14.

(a) (i) & (ii)

(b) Only (ii)

(d) (i) & (iv)

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15. XX, registered in Delhi, purchased books from PC Traders, registered in UP. Books are exempt from GST. XX arranged the transport of these books from a goods transport agency (GTA) which charged a freight of `9,000 for the same. GST is payable @ 5% on such GTA services. GTA does not wish to avail ITC on its inward leg and wishes to minimize its compliance obligations. Which of the following statement is correct in the given context?

(a) GST of `450 is payable by XX on reverse charge basis.

(b) Supply of goods and supply of GTA service is a composite supply wherein supply of goods is the principal supply and since principal supply is an exempt supply, no tax is payable on freight.

(d) GST of `450 is payable by the GTA

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Topic - Charge Of GST

Topic -
Charge Of GST