Chapter 3

Rama Ltd. has provided following information for the month of September

(i)      Intra-State outward supply Rs. 8,00,000/-

(ii)    Inter-State exempt outward supply Rs. 5,00,000/-

(iii)   Turnover of exported goods Rs. 10,00,000/-

(iv)   Payment made for availing GTA services Rs. 80,000/-

Calculate the aggregate turnover of Rama Ltd.

• (a)   Rs. 8,00,000/-

• (b)   Rs. 23,80,000/-

• (c)   Rs. 23,00,000

• Rs. 18,00,000

Which of the following services does not fall under reverse charge provisions as contained under section 9(3) of the CGST Act ?

• (a)  Services supplied by arbitral tribunal to business entity

• (a)  Sponsorship provided to any partnership firm

• (a)  Sponsorship provided to any body corporate

• None of the above

What is the maximum rate of CGST prescribed under CGST Act?

•   20%

•    28%

•   24%

• 40%

Which of the following taxes levied on intra-State supply?

• a) CGST

• b) SGST/UTGST

• c) Both a & b

• IGST

Which of the following is correct in relation to ECO u/s 9(5) of CGST Act, 2017?

1)     The provision related to ECO u/s 9(5) is applicable only in case of notified services.

2)     The provision related to ECO u/s 9(5) is applicable in case of services as well as goods.

3)     If ECO neither has physical presence nor any representative in India, there is no need to pay tax

4)     If ECO does not have physical presence in India, representative of ECO is liable to pay GST.

State the correct answer from the options given below

• a.     All of the above

• b.     None of the above

• c.     1 & 4

• d. 1, 2 & 4

In which of the following cases, GST is payable by Electronic Commerce Operators?

1)      Services by way of transportation of passengers by a radio-taxi, if the person supplying such service through ECO is liable for registration

2)      Services by way of transportation of passengers by a radio-taxi, if the person supplying such service through ECO is not liable for registration

3)      Services by way of providing accommodation in hotels if the person supplying such service through ECO is not liable for registration

4)      Services by way of providing accommodation in hotels if the person supplying such service through ECO is liable for registration

5)      Services by way of house-keeping if the person supplying such service through ECO is not liable for registration

6)      Services by way of house-keeping if the person supplying such service through ECO is not liable for registration under section 22(1) of the CGST Act.

State the correct answer from the options given below

• a.     (i), (iii) and (v)

• b.     (ii), (iv) and (vi)

• c.     (i), (ii), (iii), (v)

• d. (i), (ii), (iii), (iv), (v), (vi)

Which of the following is included and which is excluded from the definition of “aggregate turnover” as definition of CGST Act, 2017?

1.     Exempt supplies

2.     Central tax

3.     Exports of goods or services

4.     Union territory tax

Select the correct answers from the options given below-

1 2 3 4

• a.     X ✓ x ✓

• b.     ✓ ✓ x x

• c.     ✓ x ✓ x

• X x ✓ ✓

Which of the following is included in the definition of “aggregate turnover” as defined in CGST Act, 2017?

(I) Value of inward supplies on which tax is payable by a person on reverse charge basis

(II) Inter-state supplies of persons having the same Permanent Account Number

State the correct answer from the options given below

• a)     Neither (II) not (I)

• b)     Both (I) and (II)

• c)     (I) only

• d) (II) only

Which of the following services shall be taxable under reverse charge mechanism?

1)     Sponsorship service provided by a Company to a Company

2)     Legal service provided by a firm of advocate to an advocate having turnover of INR 22,00,000

3)     Renting of immovable property supplied by Central Government to an unregistered person.

4)     Sponsorship service provided by Ram to KSA & Co

5)     Services supplied by individual Direct Selling Agents other than a body corporate, partnership or LLP firm to Bank or NBFCs

6)     Services by the Department of Posts by way of speed post

State the correct answer from the options given below

• a.     (i), (iv) and (v)

• b.     (i), (ii), (iii)

• c.     (i), (ii), (iii), (v)

• d. (i), (ii), (iii), (iv), (v)

Which of the following are outside the scope of GST?

1)     petroleum crude

2)     high speed diesel

3)     motor spirit (commonly known as petrol)

4)     natural gas

5)     aviation turbine fuel

6)     alcoholic liquor for human consumption

7)     alcoholic used in medicinal purpose

State the correct answer from the options given below

• a) (i), (ii), (iii), (v), (vi) and (vii)

• b)     (i), (ii), (iii), (v) and (vi)

• c) (i), (ii), (iii), (iv), (v) and (vi)

• All of the above