GST FOR ICMAI BATCH SET 2 medium

Which of the following union territories have separate state legislature ?

• Andaman & nicobar islands

• lakshwadeep

• chandigarh

• puduchery

Which of the following are not benefit of implementing gst in india ?

• a)  Attracts foreign investments to india

• a)  Reducing crimes in india

• a)  Prevents cascading of taxation

• a)  Common national market

Which is the form under gst for filing Annual Returns of Composite Dealer ? (composite dealer: entities opted composition scheme)

• GSTR 4

• GSTR 9

• GSTR 9B

• GSTR 9C

Mr.K of Calicut bought some gold from Kalyan jewellers of Thrissur. However, the said gold were delivered by kalyan jewellers to Mr.G , a goldsmith of Kannur on direction of Mr.K.

Identify the Place of Supply for sale of gold ?

• KANNUR

• CALICUT

• THRISSUR

• NONE OF ABOVE

UTGST is Applied on which of the following.

• Intrastate supply within union territory

• Interstate supply from a union territory

• Inter state supply from a state

• NONE OF ABOVE

Which ledger in Gst portal shows the details of ITC claimed ?

• E. CASH LEDGER

• E. LIABILITY LEDGER

• E. PAYMENT LEDGER

• E. CREDIT LEDGER

Which of the following is not covered under negative list of gst ?

• Supply of food/ Beverages

• Membership of Club/Fitness centre

• rent a cab service

• supply of mobile phone

ITC of IGST can be used for paying ………….?

• IGST liability only

• IGST, CGST liability only

• IGST, SGST only

• IGST, CGST, SGST, UTGST

Mr. H from Calicut provided construction services to Mr. I of Kannur, on a Building located at Malappuram. Find the place of supply ?

• malappuram

• kannur

• kozhikode

• calicut

Can a person opted for composition scheme claim Input tax credit ?

• yes

• no

• Can claim only IGST input tax credits

• Can claim only ITC on purchases