Practice Test

Q1) A provisional assessment is done when the taxable person is unable to determine the value of goods or services or both or determine the rate of tax applicable thereto and request the proper officer in writing giving reasons for payment of tax on provisional basis and proper officer shall pass an order within a period not later than _____ from the date of receipt. Show Answer

Q2) A taxable person apply for provisional assessment _____ Show Answer

Q3) The provisional assessment sought by a taxable person can be used by _____. Show Answer

Q4) What is the time period in which the final assessment order should be passed _____. Show Answer

Q5) Whether any interest, penalty, prosecution will be leviable for nonpayment of tax determined under provisional assessment _____. Show Answer

Q6) Summary assessment under section 64 can be initiated _____. Show Answer

Q7) What is consequences where taxable person fails to obtain registration even though liable to do so? Show Answer

Q8) What are the prerequisites under section 63 of CGST act to pass best judgment assessment order? Show Answer

Q9) Assessment under GST regime will be self assessment Show Answer

Q10) The proper officer shall issue final order under section 60 in Form No. GST – ASMT06 Show Answer

Q11) Under Section 60 provisional assessment orders is passed proper officer shall pass final order within nine months from date of issue of provisional assessment order Show Answer

Q12) Time limit for issue of final order under section 62 is Four years from the date of filing annual return Show Answer

Q13) Registration may be cancelled under section 29(2) of the Act when registered person has contravened such provision of Act or rules made under them. Show Answer

Q14) Cancellation of Registration under section 29 (2) of the Act is done when paying tax under composition scheme has not furnished returns for two consecutive tax periods Show Answer

Q15) A registered person has not furnished returns for continuous period of six months his registration may be cancelled. Show Answer

Q16) Any person who has taken voluntary registration and has not commenced business within 12 months of registration his registration maybe cancelled. Show Answer

Q17) Summary assessment under section 64 of the CGST Act is initiated to protect the interest of the revenue. Show Answer

Q18) The summary assessment order may be withdrawn on application filed by taxable person within 30 days from date of receipt of order Show Answer

Q19) The person in charge of conveyance must carry E-way bill when value of consignment exceed Rs. 40,000 Show Answer

Q20) E- way bill need to be uploaded on portal before movement of goods if value of consignment is more than Rs. 50,000. Show Answer

Q21) There is checking of movement of goods at check post. Show Answer

Q22) After introduction of GST, all check post were abolished. Show Answer

Q23) If supplier is registered and undertakes to transport the goods, movement of goods is caused by recipient. Show Answer

Q24) If the movement of goods is caused by unregistered suppliers to registered recipient movement is caused by recipient. Show Answer

Q25) Railway shall not deliver goods unless E- way bill is produced. Show Answer

Q26) It is compulsory for registered person or transporters to generate e-way bill even if value of consignment is less than Rs. 50,000. Show Answer

Q27) Consignment value excludes GST Show Answer

Q28) Where multiple consignments are intended to be transported in one conveyance consolidated e-way bill can be generated. Show Answer

Q29) Transportation of currency requires E-way bill. Show Answer

Q30) Transportation of used personal and household effects exceeding Rs. 50,000 request E-way bill Show Answer

Q31) Postal baggage transport by department of posts does not required E-way bill. Show Answer

Q32) Where goods are being transported from custom port to container depot value exceeding Rs. 50,000 requires E-way bill. Show Answer

Q33) Rule 138 (14) transfer of petrol one place to another, E-way bill is not required. Show Answer

Q34) Where the goods being transported as transit cargo from Nepal to Bhutan E-way bill is not required Show Answer

Q35) E- way bill is not required where goods are being transported by Atomic energy to nuclear power Corporation of India. Show Answer

Q36) E- way bill is not required where the government of Maharashtra moved goods from Mumbai to Gadchiroli backward area by road amount exceeding Rs. 50,000 Show Answer

Q37) There are 60 items found at the time of inspection and only 30 items are mentioned in E- way bill the authorities can confiscate all 60 items. Show Answer

Q38) As per explanation to rule 138 transportation of Railways does not include leasing of parcel place by railway Show Answer

Q39) Goods transporter has been _____ from maintaining books of accounts under GST. Show Answer

Q40) The time duration of retention of accounts and records under GST is until Expiring of _____ months from the due date of furnishing of annual return for the year pertaining to such accounts and records. Show Answer

Q41) Where does a taxable person keep and maintain goods of accounts_____. Show Answer

Q42) Who is liable to pay tax in case of principal and agent? Show Answer

Q43) Accounts are required to be maintained in _____. Show Answer

Q44) Which of these ledgers are maintained online _____. Show Answer

Q45) Can all the records be maintained on electronic Form Show Answer

Q46) Operation of warehouse or godown who is not registered person need not maintain records of the consignor, consignee and relevant details. Show Answer

Q47) A registered person whose turnover during financial year less than is 2 crore can get accounts audited by Chartered Account. Show Answer

Q48) Government Department subject of audit by Controller Auditor of India not subject to GST audit. Show Answer

Q49) Every Registered Person should maintain records of stock, given as gift free or sample. Show Answer

Q50) Every registered person shall retain books of account goods expiry of seventy two months from end of financial year. Show Answer

Q51) Every registered person need not maintain record of stock showing goods lost or destroyed Show Answer

Q52) Any entry in registered accounts and documents shall not be erased. Show Answer

Q53) When registers and other documents are maintained electronically a log of every entry edited or deleted shall maintained Show Answer

Q54) Manufacturer need not maintain production record Show Answer

Q55) The registered person must maintain all records manually. Show Answer

Q56) Every clearing and forwarding agent maintains record of goods handled by him on behalf of registered person. Show Answer

Q57) Every registered person shall keep and maintain his books of accounts at his principal place of business as mentioned in certificate of registration. Show Answer

Q58) Under GST all registered person shall maintain records in electronic form only. Show Answer

Q59) Every Registered person shall keep and maintain his books of accounts at his principal place of business as mentioned in certificate of registration Show Answer

Q60) Under GST all registered person shall maintain records in electronic form only. Show Answer

Q61) Under section 65 Audit by tax authorities the registered person shall be informed by way of notice not less than 15 days prior to the conduct of audit Show Answer

Q62) The audit under section 65 shall be completed within 4 months from the date of commencement of audit Show Answer

Q63) Conclusion of audit under section 65, the proper officer shall within 30 days inform the registered person whose records are audited about his findings. Show Answer

Q64) The commissioner is satisfied that audit under section 65 cannot be completed within three months, he may extend the period by a further period of five months. Show Answer

Q65) Where the audit conducted under section 65 results in detection of tax not paid may initiate action under section 73 or section 74. Show Answer

Q66) GST offer below rank of assistant commissioner can order special audit u/s 66. Show Answer

Q67) Advocate practicing GST practitioner can conduct Special Audit under Section 66. Show Answer

Q68) The expenses of special audit is under section 66 is paid by registered person. Show Answer

Q69) Time limit for completion of special audit under section 66 is three months. Show Answer

Q70) Where the special audit result into detection of tax credit wrongly utilized recovery will be initiated against registered person under section 73 or section 74. Show Answer

Q71) Who can conduct audit under section 65 of the CGST Act _______. Show Answer

Q72) Audit under section 65 needs to completed ____ Show Answer

Q73) Special Audit under section 66 shall be ordered by any officer not below the rank of _______. Show Answer

Q74) A special Audit under section 66 can be conducted by _______. Show Answer

Q75) Report or Special Audit under Section 66 cab be submitted within ________. Show Answer

Q76) Expenses of Special audit under section 66 to be paid by _______. Show Answer

Q77) Every Registered person shall maintain a true and correct account of ______ at his principal place of business. Show Answer

Q78) Output tax payable and paid Show Answer

Q79) Records relating to additional place of business to be maintained at _____. Show Answer

Q80) The _____ may keep and maintain the accounts and particulars in electronic form. Show Answer

Q81) The books of accounts required to be maintained by a registered person are to be retained for a period of ______ from the date of filing the Annual Return . Show Answer

Q82) Books of Accounts which are subject matter of Appeal should be kept for ______. Show Answer

Q83) Every registered person is required to _____ the taxes payable under the Act and furnish a return for each tax period. Show Answer

Q84) Where the taxable person is unable to determine the ______ , he may apply for Provisional Assessment. Show Answer

Q85) The proper officer has to give the provisional assessment order within _____ from the date of receipt of the application. Show Answer

Q86) Final Assessment is to be done within ______ from the date of the communication of Provisional Order. Show Answer

Q87) The Best Judgement order stands withdrawn in case the registered person furnishes a valid return within ______ of service of assessment order. Show Answer

Q88) The Audit by Tax Authorities is to be completed within ______ from the date if commencement of audit. Show Answer

Q89) Best Judgement Assessment can be done in case of ______ Show Answer

Q90) Goods transporter has been _____ from maintaining books of accounts under GST. Show Answer

Q91) The time duration of retention of accounts and records under GST is until Expiring of _____ months from the due date of furnishing of annual return for the year pertaining to such accounts and records. Show Answer

Q92) Where does a taxable person keep and maintain goods of accounts_____. Show Answer

Q93) Who is liable to pay tax in case of principal and agent? Show Answer

Q94) Accounts are required to be maintained in _____. Show Answer

Q95) Which of these ledgers are maintained online _____. Show Answer

Q96) Can all the records be maintained on electronic Form? Show Answer

Q97) A provisional assessment is done when the taxable person is unable to determine the value of goods or services or both or determine the rate of tax applicable thereto and request the proper officer in writing giving reasons for payment of tax on provisional basis and proper officer shall pass an order within a period not later than _____ from the date of receipt. Show Answer

Q98) A taxable person apply for provisional assessment _____ Show Answer

Q99) The provisional assessment sought by a taxable person can be used by _____. Show Answer

Q100) What is the time period in which the final assessment order should be passed _____. Show Answer

Q101) Whether any interest, penalty, prosecution will be leviable for nonpayment of tax determined under provisional assessment _____. Show Answer

Q102) Summary assessment under section 64 can be initiated _____. Show Answer

Q103) What are the prerequisites under section 63 of CGST act to pass best judgment assessment order? Show Answer

Q104) Who can conduct audit under section 65 of the CGST Act _______. Show Answer

Q105) Audit under section 65 needs to completed ________. Show Answer

Q106) Special Audit under section 66 shall be ordered by any officer not below the rank of _______. Show Answer

Q107) A special Audit under section 66 can be conducted by _______. Show Answer

Q108) Report or Special Audit under Section 66 cab be submitted within ________. Show Answer

Q109) Expenses of Special audit under section 66 to be paid by _______. Show Answer

Q110) Every Registered Person has to maintain certain books of Accounts at his principal place of business.
Show Answer

Q111) Books of Accounts of Additional place of Business are to be maintained at principal and additional place of business.
Show Answer

Q112) Registered Person has to maintain true and correct accounts of production, manufacture, inward supply, outward supply, stock, input credit availed and output taxes payable or paid.
Show Answer

Q113) Registered Person can maintain only the record of Principle Place of Business in electronic form.
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Q114) Books of Accounts are to be retained for 8 years from the date of filing Annual Return.
Show Answer

Q115) Books of Accounts Subjected to Appeal are required to be retained for a period of 1 year from the due date of furnishing of Annual Return or 72 months from the final disposal of Appeal, whichever is later.
Show Answer

Q116) Taxable Person can apply for Best Judgement Assessment where the value of goods or services or both or the rate of tax applicable cannot be determined. Show Answer

Q117) Final Assessment is to be done within 6 months from the date of communication of the Provisional Order. Show Answer

Q118) Best Judgement Assessment can be done where a registered person fails to furnish the return.
Show Answer

Q119) Provisional Assessment can be done where a taxable person has failed to obtain a registration even after being liable to obtain the same.
Show Answer

Q120) The Audit by Tax Authorities is to be completed within 90 days from the date of commencement of Audit.
Show Answer

Q121) Special Audit is to be completed within 90 days period.
Show Answer

Q122) The person in charge of conveyance must carry E-way bill when value of consignment exceed Rs. 40,000

Show Answer

Q123) E- way bill need to be uploaded on portal before movement of goods if value of consignment is more than Rs. 50,000. Show Answer

Q124) There is checking of movement of goods at check post.
Show Answer

Q125) After introduction of GST, all check post were abolished.
Show Answer

Q126) If supplier is registered and undertakes to transport the goods, movement of goods is caused by recipient.
Show Answer

Q127) If the movement of goods is caused by unregistered suppliers to registered recipient movement is caused by recipient.
Show Answer

Q128) Railway shall not deliver goods unless E- way bill is produced.
Show Answer

Q129) It is compulsory for registered person or transporters to generate e-way bill even if value of consignment is less than Rs. 50,000.
Show Answer

Q130) It is compulsory for registered person or transporters to generate e-way bill even if value of consignment is less than Rs. 50,000.
Show Answer

Q131) Consignment value excludes GST.
Show Answer

Q132) Where multiple consignments are intended to be transported in one conveyance consolidated e-way bill can be generated.
Show Answer

Q133) Transportation of currency requires E-way bill.
Show Answer

Q134) Transportation of used personal and household effects exceeding Rs. 50,000 request E-way bill.
Show Answer

Q135) Postal baggage transport by department of posts does not required E-way bill.
Show Answer

Q136) Where goods are being transported from custom port to container depot value exceeding Rs. 50,000 requires E-way bill.
Show Answer

Q137) Rule 138 (14) transfer of petrol one place to another, E-way bill is not required.
Show Answer

Q138) Where the goods being transported as transit cargo from Nepal to Bhutan E-way bill is not required.
Show Answer

Q139) E- way bill is not required where goods are being transported by Atomic energy to nuclear power Corporation of India.
Show Answer

Q140) E- way bill is not required where the government of Maharashtra moved goods from Mumbai to Gadchiroli backward area by road amount exceeding Rs. 50,000.
Show Answer

Q141) There are 60 items found at the time of inspection and only 30 items are mentioned in E- way bill the authorities can confiscate all 60 items.
Show Answer

Q142) As per explanation to rule 138 transportation of Railways does not include leasing of parcel place by railway.
Show Answer

Q143) Under section 65 Audit by tax authorities the registered person shall be informed by way of notice not less than 15 days prior to the conduct of audit.
Show Answer

Q144) The audit under section 65 shall be completed within 4 months from the date of commencement of audit.
Show Answer

Q145) Conclusion of audit under section 65, the proper officer shall within 30 days inform the registered person whose records are audited about his findings.
Show Answer

Q146) The commissioner is satisfied that audit under section 65 cannot be completed within three months, he may extend the period by a further period of five months.
Show Answer

Q147) Where the audit conducted under section 65 results in detection of tax not paid may initiate action under section 73 or section 74.
Show Answer

Q148) GST offer below rank of assistant commissioner can order special audit u/s 66.
Show Answer

Q149) Advocate practicing GST practitioner can conduct Special Audit under Section 66.
Show Answer

Q150) The expenses of special audit is under section 66 is paid by registered person.
Show Answer

Q151) Time limit for completion of special audit under section 66 is three months.
Show Answer

Q152) Where the special audit result into detection of tax credit wrongly utilized recovery will be initiated against registered person under section 73 or section 74.
Show Answer