GST Exam MCQ : Part 2

By | September 19, 2018
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(Last Updated On: September 19, 2018)

GST Exam MCQ : Part 2

(Multiple Choice Questions)

GST Exam MCQ : Part 2

Refer

Q Definition of Goods under CGST Act 2017 does not include the following

A) Movable property

B) Growing Crops

C) Secrurities

D) Actionable Claims

Answer C) Refer Section 2(52) of the CGST Act, 2017,

Q Works contract under CGST Act 2017 is in relation to 

A) Movable Property

B) Immovable Property

C) Both A and B

D) None of the above

Answer B) Refer Section 2(119) of the CGST Act, 2017,

Q ‘Agriculturist’ under CGST Act 2017 includes the following persons who undertake cultivation of land:

A) Individual

B) Cooperative Society

C) Hindu Undivided Family

D) both A and C

Answer D)  Refer Section 2(7) of the CGST Act, 2017,

Q : ‘Casual taxable person’ means 

A) a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business in a State or a Union territory where he has fixed place of business;

B)  a person who regularly undertakes transactions involving supply of goods or services or both in the course or furtherance of business in a State or a Union territory where he has no fixed place of business;

C) a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business in a State or a Union territory where he has no fixed place of business;

D) a person who regularly undertakes transactions involving supply of goods or services or both in the course or furtherance of business in a State or a Union territory where he has  fixed place of business;

Answer C)  Refer Section 2(20) of the CGST Act, 2017

Q Output tax in relation to a taxable person under the CGST Act, 2017 excludes:

A) Tax chargeable on taxable supplies made by him

B) Tax chargeable on taxable supplies made by his agent

C) Tax payable by him under reverse charge

D) Both (A) and (B)

Answer C)  Refer Section 2(82) of the CGST Act, 2017

 

Q : Which of the following is not a part of definition of  “place of business”  under the CGST Act, 2017 :

A) a place where a taxable person maintains his books of account

B) a place where a taxable person is engaged in business through an agent, by whatever name called

C) a place where a taxable person has his residence

D) a place from where the business is ordinarily carried on, and includes a warehouse, a godown or any other place where a taxable person stores his goods, supplies or receives goods or services or both;

Answer  C) Refer Section 2(85) of the CGST Act, 2017

Q A Ltd. has a contract with B Ltd.  A Ltd will  provide security Services  to C Ltd ( Subsidiary company of B Ltd) . The payment will be made by B Ltd.

As per the CGST Act, 2017, who will be the recipient of the above service?

(a) C Ltd.
(b) B Ltd.
(c) Both (a) and (b)
(d) None of the above

Answer b) Refer Section 2(93) of the CGST Act, 2017

 

 

 

 

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