Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Indirect Tax LawsTotal Number of Question: 40Time: 41 MinutesPlease check your email after completion of test for result.All the best... Name Phone No Email State 1. Supply of goods or services without consideration is taxable under GST when: It is specified in Schedule I It is specified in Schedule II It is a normal supply It is exempted None 2. Reverse charge mechanism under GST applies to: All supplies Specified supplies only Supplies exceeding ₹50,000 None of the above None 3. The time of supply of goods under the forward charge is: Date of issue of invoice or date of receipt of payment, whichever is earlier Date of delivery Date of invoice only None of the above None 4. GST on services provided by GTA (Goods Transport Agency) to a registered person is payable by: Supplier under forward charge Recipient under reverse charge Both (a) and (b) None of the above None 5. The GST rate on education services provided by a charitable trust is: 5% 12% 18% Exempt None 6. The form for filing an appeal to the GST Appellate Authority is: GST APL-01 GST APL-02 GST RFD-01 GST PMT-06 None 7. Input Tax Credit on which of the following items is blocked under GST? Goods used for personal consumption Membership of a club Motor vehicles All of the above None 8. Which of the following is not an indirect tax? GST Customs duty Excise duty Income tax None 9. In the case of import of goods, the liability to pay IGST arises at: The time of export The time of clearance from customs The time of delivery to the importer None of the above None 10. Under GST, interest on delayed payment of tax is calculated at the rate of: 12% 15% 18% 24% None 11. Place of supply of goods involving the movement of goods is: Location of the supplier Location where the movement terminates Place of recipient None of the above None 12. E-way bill is not required for the movement of goods: Within the same city By non-motorized conveyance With a value below ₹50,000 Both (b) and (c) None 13. Which section of the CGST Act deals with the composition scheme? Section 10 Section 9 Section 7 Section 8 None 14. Which of the following is not a GST return? GSTR-1 GSTR-3B GSTR-10 TDS-01 None 15. GST on canteen services provided to employees is: 5% 12% 18% 24% None 16. Place of supply for restaurant services is: Place of recipient Place of supplier Location where the service is actually performed None of the above None 17. Under Customs law, the point of levy of duty on goods exported is: When goods cross the customs frontier When goods are loaded on the ship/aircraft When goods reach the foreign country None of the above None 18. Goods imported for use in a bonded warehouse: Are exempt from duty Are subject to basic customs duty only Are subject to customs duty at the time of clearance Are treated as exports None 19. Supplies made to SEZ units are: Taxable Zero-rated supplies Exempt supplies None of the above None 20. The period for retaining books of accounts under GST is: 3 years from the due date of annual return 5 years from the due date of annual return 6 years from the due date of annual return 10 years from the due date of annual return None 21. The due date for filing GST annual return (GSTR-9) is: 30th September of the next financial year 31st December of the next financial year 20th October of the next financial year 31st March of the next financial year None 22. Supplies to unregistered persons are categorized as: B2B supplies B2C supplies Exempt supplies Zero-rated supplies None 23. Under GST, "audit" is defined under which section of the CGST Act? Section 59 Section 2(13) Section 35 Section 44 None 24. Anti-profiteering provisions under GST aim to: Increase tax rates Reduce tax evasion Ensure that benefits of reduced tax rates are passed to consumers Increase compliance costs None 25. GST is levied on the supply of all goods and services except: Alcohol for human consumption Petrol Natural gas All of the above None 26. The tax rate for works contract services provided to the government is: 5% 12% 18% Exempt None 27. Reverse charge mechanism applies to supplies received from: Unregistered persons Registered persons Both (a) and (b) None of the above None 28. Supply of services to an SEZ developer is classified as: Exempt supply Zero-rated supply Normal supply None of the above None 29. Under Customs, the term "export duty" applies to: All exports Notified goods only Goods above ₹50,000 value None of the above None 30. Under GST, the due date for filing GSTR-7 (TDS return) is: 10th of the next month 15th of the next month 18th of the next month 20th of the next month None 31. Which of the following supplies is treated as a deemed export under GST? Supplies made to SEZ Supplies made under Advance Authorization Export of goods outside India Supplies made to foreign tourists None 32. The maximum penalty for fraud under GST is: ₹10,000 10% of the tax due 25% of the tax due 100% of the tax due None 33. Under the GST law, supply of software is treated as: Supply of goods Supply of services Composite supply Mixed supply None 34. Input Tax Credit can be utilized in the following order: IGST > SGST > CGST IGST > CGST > SGST CGST > IGST > SGST SGST > IGST > CGST None 35. The maximum time limit for issuance of a refund order under GST is: 30 days from the date of application 60 days from the date of application 90 days from the date of application 6 months from the date of application None 36. Under Customs law, the value of imported goods includes: Basic price only Insurance and freight charges Only customs duty Basic price, insurance, and freight charges None 37. Composition scheme is not available to: Manufacturers Suppliers of restaurant services Inter-state suppliers Suppliers of goods within the state None 38. Under GST, the rate of tax on lottery authorized by state governments is: 12% 18% 28% 5% None 39. In case of imported goods, the levy of IGST is governed by: Customs Act IGST Act CGST Act None of the above None 40. Which of the following is considered an exempt supply under GST? Services provided by an employee to the employer b) Sale of alcoholic liquor for human consumption Both (a) and (b) None of the above None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test.Look out for results and future opportunities.Stay Connected !! Your quiz time is about to finish. 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