Forwarded from Mission CA Final MCQs π
π― 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 ________
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
π3β€1π1
Forwarded from Mission CA Final MCQs π
π― 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 ______
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
Forwarded from Mission CA Final MCQs π
2. In case, more than one place of business situated within a state specified in the Registration
Certificate, the books and Accounts shall be maintained at
@Mission_CA_Final_MCQs π
Certificate, the books and Accounts shall be maintained at
@Mission_CA_Final_MCQs π
Anonymous Quiz
24%
(a) Each place of business pertaining to such place
10%
(b) Place where the books of accounts are maintained for all places situated within a state
55%
(c) At principal place of business covered mentioned in the Registration Certificate for all places
11%
(d) Any of the above
π1
Forwarded from Mission CA Final MCQs π
Forwarded from Mission CA Final MCQs π
4. What are the consequences if taxable goods are found in a place other than those declared without
valid documents?
@Mission_CA_Final_MCQs π
valid documents?
@Mission_CA_Final_MCQs π
Anonymous Quiz
24%
a. Proper officer shall impose penalty
44%
b. Proper officer shall determine the amount of tax on such goods
4%
c. No consequences
28%
d. Either of the above specified options
Forwarded from Mission CA Final MCQs π
6. Mr. A generated an E β 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 π
When shall be the first day be considered to end for validity consideration? @Mission_CA_Final_MCQs π
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
π1
Forwarded from Mission CA Final MCQs π
7. Can a transporter furnish information in Part A of Form GST EWB β 01?
@Mission_CA_Final_MCQs π
@Mission_CA_Final_MCQs π
Anonymous Quiz
34%
a. No, since the same can be filled only by the Registered person causing movement of goods
61%
b. Yes, on an authorization received from registered person
3%
c. As per the opinion of the appropriate authority
2%
d. None of the above
Forwarded from Mission CA Final MCQs π
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 β 01. What are the alternatives to stand the viability of such movement of goods?
@Mission_CA_Final_MCQs π
@Mission_CA_Final_MCQs π
Anonymous Quiz
5%
a. Movement of goods shall stand cancelled
78%
b. E β commerce operator on an authorization from Mr. A shall generate e β way bill
16%
c. Either A and B at the option of proper officer
2%
d. None of the above
π1
Forwarded from Mission CA Final MCQs π
9. What shall be limit of generation of e β way bill in case of inter β State movement of goods by a principal to a Job worker?
@Mission_CA_Final_MCQs π
@Mission_CA_Final_MCQs π
Anonymous Quiz
42%
a. Rs. 50,000
13%
b. Rs. 1,00,000
4%
c. Rs. 20,000
41%
d. No limit
π3
Forwarded from Mission CA Final MCQs π
Which services received without consideration amount to supply ?
(i) Import of services by a person in India from his son well-settled in USA
(ii) Import of services by a person in India from his brother well-settled in Germany
(iii) Import of services by a person in India from his brother (wholly dependent on such person in India) in France
(iv) Import of services by a person in India from his daughter (wholly dependent on such person in India) in Russia
π© For Daily MCQs Quizzes Join @Mission_CA_Final_MCQs β
οΈ
(i) Import of services by a person in India from his son well-settled in USA
(ii) Import of services by a person in India from his brother well-settled in Germany
(iii) Import of services by a person in India from his brother (wholly dependent on such person in India) in France
(iv) Import of services by a person in India from his daughter (wholly dependent on such person in India) in Russia
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β€1π1
Forwarded from Mission CA Final MCQs π
Which services received without consideration amount to supply ?
Anonymous Quiz
48%
(A) (i), (iii) and (iv)
15%
(B) (ii), (iii) and (iv)
12%
(C) (ii) and (iii)
25%
(D) (i) and (ii)
π1
Forwarded from Mission CA Final MCQs π
2) Which of the following statements is true under GST? [MTP MAY 2019 1M]
Anonymous Quiz
23%
(A) Grand-parents are never considered as related persons to their grandson/granddaughter
23%
(B) Grand-parents are always considered as related persons to their grandson/granddaughter
48%
(C) Grand-parents are considered as RP to their grandson/daughter only if they are dependent on them
6%
(D) None of the above
Forwarded from Mission CA Final MCQs π
Purvi supplied 2,000 packages (consisting of pen, calculator & tape) at a single price of βΉ250 to Bindusar School. Rates of GST for pen, calculator and tape are 5%, 12% & 18% respectively.
What is nature of supply and the rate of GST?
[MTP NOV 22 2M]
What is nature of supply and the rate of GST?
[MTP NOV 22 2M]
Anonymous Quiz
4%
(A) composite supply & applicable rate of GST is 12%
88%
(B) mixed supply & applicable rate of GST is 18%
6%
(C) composite supply & applicable rate of GST is 18%
3%
(D) mixed supply & applicable rate of GST is 12%
Forwarded from Mission CA Final MCQs π
6) Sarabhai & Sarabhai Associates, a partnership firm registered under GST, It provides free gifts to each of its employees valuing βΉ50000 at the end of each FY.
Free gifts of value of βΉ50000 provided to each of its employee is?
[MTP NOV-22 2M]
Free gifts of value of βΉ50000 provided to each of its employee is?
[MTP NOV-22 2M]
Anonymous Quiz
5%
(A) considered as supply of goods
6%
(B) considered as supply of services
34%
(C) exempt from GST
55%
(D) not a supply as per Schedule I of the CGST Act, 2017
Forwarded from Mission CA Final MCQs π
4) From the following case scenario choose the appropriate answer from the question.
Ms. Riya is a multi-faceted business personality. She is registered under GST.
She supplied a package of stapler, calculator and charger at a single price of βΉ 300/. Rate of GST for stapler, calculator and charger is 5%, 12% and 18% respectively.
π© For All Subjects Notes
π΅πππ β¨ @Divyesh_Vaghelaβ
οΈ
.
Ms. Riya is a multi-faceted business personality. She is registered under GST.
She supplied a package of stapler, calculator and charger at a single price of βΉ 300/. Rate of GST for stapler, calculator and charger is 5%, 12% and 18% respectively.
π΅πππ β¨ @Divyesh_Vaghela
.
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π1
Forwarded from Mission CA Final MCQs π
What would be the nature of supply and the applicable rate of GST for the supply of package made by Ms. Riya ?
Anonymous Quiz
5%
(A) composite Supply & applicable rate 12%
83%
(B) mixed Supply & applicable rate 18%
10%
(C) composite Supply & applicable rate 18%
2%
(D) mixed Supply & applicable rate 12%
π2π1
Forwarded from Mission CA Final MCQs π
7) ABC Ltd. is a registered pharmaceutical company. The company invented one drug for
instant cure of cancer. They supplied free samples of this medicine to various doctors.
What will be the tax treatment of these free samples under GST? [RTP MAY-20]
instant cure of cancer. They supplied free samples of this medicine to various doctors.
What will be the tax treatment of these free samples under GST? [RTP MAY-20]
Anonymous Quiz
17%
(A) ABC Ltd. is liable to pay tax on supply of free samples and eligible to claim ITC
11%
(B) ABC Ltd is not liable to pay tax on supply of free samples but eligible to claim ITC
50%
(C) ABC Ltd. is neither liable to pay tax on supply of free samples nor eligible to claim ITC
22%
(D) ABC Ltd. is liable to pay tax on supply of free samples but not eligible to claim ITC