GST Flashcard

Front

Supply of which goods and/or service is excluded by the definition of GST (Goods and Services Tax) as per the Constitution?

Back

Alcoholic liquor for human consumption

Front

Which of the following is a Union Territory as per GST law? Ladakh, Jammu and Kashmir, Puducherry, Delhi

Back

Ladakh

Front

In case where the supplier of a service notified under section 9(3) is unregistered, can said service be taxable under reverse charge?

Back

Yes, tax is payable by recipient.

Front

In case where the supplier of a service notified under section 9(4) is registered, can said service be taxable under reverse charge?

Back

No, tax is not payable under reverse charge.

Front

GST is payable by ___________ @ ___________, in the case of Sindhu Transporters providing transportation services to Bindusaar Manufacturers.

Back

Bindusaar Manufacturers; 5%

Front

Tax is payable by _____ in the context of Safal & Co. sponsoring a business summit organized by Nilanchal Ltd. for a fee of Rs. 1,20,000.

Back

Nilanchal Ltd.

Front

Tax is payable by: Nilanchal Associates, Safal & Co.

Back

Safal & Co.

Front

Surya, an independent director in Ganga Ltd., received sitting fees from the company. Tax is payable by:

Back

Ganga Ltd.

Front

Surya, a director in Ganga Ltd., received salary subject to TDS under section 192 of the Income-tax Act, from the company. What is the correct classification regarding the salary?

Back

Not a supply

Front

Who is registered under GST and rented a commercial property in Rajasthan to Ganga Ltd., a supplier of goods in Rajasthan, and is also a director in Ganga Ltd.?

Back

Surya