GST QUIZ Questions and Answer MCQ 2017

1. Which of the following tax is abolished by GST ?
a) Service tax
b) Corporate Tax
c)Income tax
d) Wealth Tax

2. The subsumption of which taxes will make the GST – a pucca Destination based
Consumption Tax
A) VAT and Luxury Tax
B) CST and Central Excise
C) Service Tax and Purchase Tax
D) Taxes on Lotteries and Entertainment Tax

3. The maximum rate of tax prescribed for manufactures in Composition levy is;
( CGST +SGST)
A) 1 %
B) 5%
C) 0.5%
D) 2.5 %

4. In ‘Mixed supply’ the following shall be treated as the Supply;
A) Supply with highest rate of tax
B) Supply which attracts reverse charge
C) Supply which is the principal supply
D) Supply of item which can be separately sold

5. Composition levy is applicable to the taxable persons whose aggregate turnover
a)Did not exceed 50 lakh in the current year
B) Did exceed 75 lakh in the preceding year
C) Did not exceed 60 lakh in the current year
D) Did not exceed 60 lakh in the preceding year

6. Works contract is ;
A) Supply of goods
B) Supply of services
C) Supply of both
D) Neither supply of goods nor supply of services

7. On which one of the following items, GST will be levied;
A) Aviation fuel
B) Liquefied petroleum Gas
C) Natural Gas
D) High Speed Diesel oil

8.  CGST and SGST will be levied on;
A) Intra-state supply
B) Inter-state supply
C) Import
D) Export

9. Place of supply of services in relation to mobile connection for pre-paid customers
other than through internet shall be ………………………….?
A) Location of supplier
B) Location of recipient
C) Location where such pre-payment is recieved as such vouchers are sold
D) None of these

10. Place of supply of services in relation to lodging accommodation shall be ……………..?
A) Location of the supplier
B) Location of the recipient
C) Location at the lodging accommodation is located
D) None of these

11.  The default rule of place of supply of services made to any person other than a registered person if address on record doesn’t exist shall be ……………………………..?
A) Location of the recipient of services
B) Location of the supplier of services
C) Location where service is rendered
D) Location where agreement for rendering of services is executed

12. Which of the following Tax in not applicable under GST ?

a) 5

b) 12%

c) 18%

d) 25%

13. The default rule of place of supply of services made to any person other than a registered person if address on record exist shall be ……………………………?
A) Location of service provider
B) Location where service is rendered
C) Location where agreement for rendering of service is executed
D) Location of the recipient

14. The default rule of place of supply of services made to a registered person shall be …………………………?
A) Location of such person
B) Location of service provider
C) Location where service is provided
D) Location where agreement for rendering of service is executed

15. Place of supply where the goods are supplied on board a conveyance such as vessel, an aircraft, a train or motor vehicle?
A) Location of supplier
B) Location of recipient
C) Location at which such goods are taken on board
D) None of these

16.  Place of supply where the goods are assembled or installed?
A) Place of supplier
B) Place of recipient
C) Place of transporter
D) Place of the such assembly or installation

17. Place of supply of goods where the supply doesn’t involve movement of goods ………..?
A) Location of the goods at the time of purchase order
B) Location of the goods at the time of delivery to the recipient
C) Location of the supplier
D) Location of the recipient

18. Place of supply of goods when supply involves movement of goods?
A) location of the goods at the time at which the movement of goods
terminates for delivery to the recipient
B) location of the goods at the time at which movement of goods commences for
delivery to the recipient
C) location of the principle place of business of the supplier
D) location of the principle place of business of the recipient

19. In IGST ……………… state shall pay the amount equal to the ITC SGST used by the supplier in the exporting state to centre?
A) Exporting state
B) Importing state
C) Centre
D) NA

20. Manner of utilizing ITC for payment of IGST …………………….?
A) (i) IGST (ii) SGST (iii) CGST (iv) Cash
B) (i) CGST (ii) IGST (iii) SGST (iv) Cash
C) (i) IGST (ii) Cash (iii) CGST (iv) SGST
D) (i) IGST (ii) CGST (iii) SGST (iv) Cash

21.  ……………. Act provides un-intercepted ITC chain on inter-state transactions?
A) IGST
B) CGST
C) VAT
D) SGST

22. ………………. Act implements ‘destination principle of taxation’ in GST scenario?
A) CGST
B) SGST
C) Customs
D) IGST

23. Inter-state supplies means:
A) Any-supply where the location of the supplier and the place of supply are in
the same state
B) Any supply where the location of supplier and the place of supply are in
different states
C) Any supply where location of the supplier and place of supply are outside the
country
D) None of these

24. Import/Export is treated as ………………… in GST?
A) Intra-state supply
B) Inter-state supply
C) Non-taxable supply
D) Exempted supply

25. ………… is levied on imports of goods and services?
A) SGST
B) CGST
C) IGST
D) VAT

26. IGST Act is passed by ……………………?
A) State Legislative
B) Parliament
C) Union Territory
D) Legislative Council

27. What is rate of tax of IGST?
A) CGST rate
B) SGST rate
C) CGST + SGST rate
D) VAT rate

28. IGST is levied and collected is ……………..?
A) Allotted to centre only
B) Allotted to states only
C) Allotted to UT’s only
D) Apportioned between centre and states

29. Under …………… Article of the Constitution, GST on supplies in the cause of Inter-state
trade or commerce shall be levied and collected by the Government of India ?
A) Article 246 A
B) Article 269 A
C) Article 254
D) Article 279 A

30. IGST Act is passed by ……………………?
A) State Legislative
B) Parliament
C) Union Territory
D) Legislative Council

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