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17. What is the validity of the registration certificate granted under GST for a normal tax payer?
Anonymous Quiz
6%
(a) One year
5%
(b) Two years
80%
(c) Valid till it is cancelled
9%
(d) Five years.
24. A supplier takes deduction of depreciation on the GST component of the cost of capital goods as per Income- tax Act, 1961. The supplier can-
Anonymous Quiz
6%
(a) avail only 50% of the said tax component as ITC
86%
(b) not avail ITC on the said tax component
7%
(c) avail 100% ITC of the said tax component
2%
(d) avail only 25% of the said tax component as ITC
What will be the rate of tax and nature of supply of a service if the same is not determinable at the time of receipt of advance?
Anonymous Quiz
9%
12%, inter-State supply
6%
12%, intra-State supply
76%
18%, inter-State supply
9%
18%, intra-State supply
πŸ‘1
Mohandas has supplied goods to Karamchand, under his own invoice, on behalf of his principal Krishnadev. Which of the following statements is correct?
Anonymous Quiz
42%
Mohandas shall be jointly and severally liable to pay the GST payable on such goods
19%
Krishnadev shall be jointly and severally liable to pay the GST payable on such goods
30%
Both (a) and (b)
10%
Neither (a) nor (b)
49.) . Input tax credit is _______ on supply of membership of a club, health and fitness
centre
Anonymous Quiz
78%
not availeble
15%
100% availeble
5%
partially availeble
2%
none of above
50.) ITC will be provided only when goods are actually received, but under _______ this
condition is exempted
Anonymous Quiz
70%
Job Work
5%
mixed supply
9%
composite supply
16%
none of above
🎯 IMP MCQ on May 23 Amendment

Services provided by the cord blood banks by way of preservation of stem cells or any other service in relation to such preservation is ________
Anonymous Quiz
53%
Taxable
47%
Exempt
πŸ‘3❀1πŸ‘Œ1
🎯 IMP MCQ on May 23 Amendment

Services by way of granting National Permit to a goods carriage to operate through-out India/ contiguous States is ______
Anonymous Quiz
58%
Taxable
42%
Exempt
6. Mr. A generated an E – way bill at 00: 10 hrs. on 17th September.

When shall be the first day be considered to end for validity consideration? @Mission_CA_Final_MCQs πŸ†
Anonymous Quiz
8%
a. At 11 : 50 p.m. of 17th September
70%
b. At 12 : 00 Midnight of 18th September
19%
c. At 12 : 10 am to 18th September
3%
d. None of the above
πŸ‘1
8. Mr. A got his goods transported through an ecommerce operator worth of Rs. 1,00,000. Mr. A however was not able to fill Part A of Form GST EWB – 01. What are the alternatives to stand the viability of such movement of goods?

@Mission_CA_Final_MCQs πŸ†
Anonymous Quiz
5%
a. Movement of goods shall stand cancelled
78%
b. E – commerce operator on an authorization from Mr. A shall generate e – way bill
16%
c. Either A and B at the option of proper officer
2%
d. None of the above
πŸ‘1
9. What shall be limit of generation of e – way bill in case of inter – State movement of goods by a principal to a Job worker?

@Mission_CA_Final_MCQs πŸ†
Anonymous Quiz
42%
a. Rs. 50,000
13%
b. Rs. 1,00,000
4%
c. Rs. 20,000
41%
d. No limit
πŸ‘3