Hi Everyone! I am starting a new Regular Batch from 15 July for May-27 CA Final!
Would really appreciate it if you could share your feedback about classes (if taken) in the Batch Details’ video - Comments section!
New students get authentic feedback.
Thank you! 💙
Would really appreciate it if you could share your feedback about classes (if taken) in the Batch Details’ video - Comments section!
New students get authentic feedback.
Thank you! 💙
❤34👍5
Q: Aman sold goods to KRA Traders Ltd on FOR (Free on Road) basis. Aman is unregistered, whereas KRA Traders is registered under GST. GTA freight was paid for the time being by KRA Traders Ltd. GST on GTA Service?
Anonymous Quiz
31%
Exempt
14%
Taxable - FCM
55%
Taxable - RCM
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Q: A partnership firm sponsored a cricket tournament organised by a partnership firm. Who will pay GST on it?
Anonymous Quiz
46%
Supplier
54%
Recipient
❤21🔥5👍3💯3🙊1
Q: Residential flat given on rent to Mr. Singh (unregistered) - an employee of a MNC. He stays with his family. He pays the rent. GST on rent?
Anonymous Quiz
7%
Taxable - FCM
80%
Exempt
7%
Taxable - RCM
5%
Need supplier status to answer this
🎉13❤9💯3
Q: Residential flat given on rent to Mr. Singh (unregistered) - an employee of a MNC. Rent agreement is with the MNC company (registered under composition scheme) i.e. the Company pays the rent. GST on rent?
Anonymous Quiz
22%
Taxable - FCM
28%
Exempt
47%
Taxable - RCM
3%
Need supplier status
💯23❤12🎉6🙊3🔥2👍1
Q: Recovery agent provided services to a trader of goods. Who will pay GST?
Anonymous Quiz
71%
Agent - FCM
24%
Trader - RCM
4%
Exempt
❤19🎉16👍2🔥1💯1
Q: Central Government gave a commercial property on rent to LogiSol Ltd. (Previous year Agg t/o is Rs. 1 lac). Is the transaction taxable?
Anonymous Quiz
62%
Yes, GST applicable
38%
No, exempt
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❤22
Q: Service by Agent to - Business Correspondent: FCM or RCM?
Anonymous Quiz
18%
FCM
59%
RCM
24%
Exempt. No ques of FCM or RCM
❤27🎉5👍1💯1
Q: Security service (by way of security personnel) provided by BVG Security Ltd. (Unregistered) to a business entity (Registered in Delhi). Value is Rs. 1,00,000. GST is 18%. How much ITC shall the recipient claim?
Anonymous Quiz
51%
18,000
38%
No ITC, since no GST in the transaction
11%
Need exact status of the business entity (company or firm or llp) to answer this
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Q; Under SLS (securities lending scheme), the borrower shall pay the GST under RCM regardless of the registration status of the lender. Examine the statement.
Anonymous Quiz
77%
Valid
23%
Invalid
❤14🔥4🎉1💯1
Q: Motor Vehicle for goods transport given on rent by a partnership firm to a company. Cost of fuel included in the consideration. The rate of GST is 5%.
Anonymous Quiz
42%
FCM
58%
RCM
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May 27 - Regular Batch
Starts today @ 6 PM
Pre booking price till 2 more days only.
Registration at: www.bbvirtuals.com
Starts today @ 6 PM
Pre booking price till 2 more days only.
Registration at: www.bbvirtuals.com
❤10
Q: If I am registered under composition scheme, I don't need to comply with the RCM provisions.
Anonymous Quiz
24%
True
76%
False
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Q: I supply goods and services.
If I am eligible to opt for 10(1) i.e. goods composition scheme, but I have not opted for it - I can opt for 10(2A) composition scheme of services.
If I am eligible to opt for 10(1) i.e. goods composition scheme, but I have not opted for it - I can opt for 10(2A) composition scheme of services.
Anonymous Quiz
39%
Valid
61%
Invalid
❤21🔥8🥰1😁1🎉1
Q: GST charged on input supplies is a cost for a composition scheme registered person.
Anonymous Quiz
89%
True
11%
False
❤20🎉1
Q: Khanna Ji is a trader of aerated waters. Can he register under composition scheme?
Anonymous Quiz
42%
Yes
58%
No
❤18🔥12😁4🎉3
Q: I am a registered person. I wish to go under composition scheme today. From when Can I enter the composition scheme ?
Anonymous Quiz
67%
1 April 2027
3%
1 Jan 2027
12%
1 Aug 2026
18%
17 July 2026
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