GST MCQ Questions and Solutions with Explanations | Commerce

A. Customs port where the goods are cleared

B. Location of the importer

C. Place where the goods are delivered after clearance from customs port

D. Owner of the goods

A. Rs.75 lacs

B. Rs.1 crore

C. Rs.1.5 crore

D. None of the above

A. 1%

B. 0.5%

C. 2.5%

D. None of the above

A. Every Person

B. For an agriculturist or exclusively engaged in supplying exempt goods or services is not required and for others if specified threshold limit exceeds in a financial year

C. Not required for an agriculturist or person exclusively engaged in supplying exempt goods or services

D. No, only if specified threshold exceeds in a financial year then only need to obtain

A. A person can collect tax only he is registered

B. Registered person not liable to collect tax till his aggregate turnover exceeds threshold limit

C. A person can collect the tax during the period of his provisional registration

D. None of the above

A. Form GSTR -1A

B. Form GSTR – 2

C. Form GST REG-01

D. Form GST REG

A. It is one of the document listed.

B. Yes, but non-resident taxable person may be granted registration on the basis of any other document.

C. No, for persons who are required to deduct tax at source u/s 51 shall have TAN in lieu of PAN.

D. Both (b) and (c)

A. Rs.20 lacs

B. Rs.50 lacs

C. Rs.75 lacs

D. None of above

A. Five years

B. Ten years

C. No validity

D. Valid till it is cancelled

A. Change of name of the registered person

B. Change in constitution of the registered person

C. Switching over form composition scheme to normal scheme or vice versa.

D. All of the above