GST MCQ Questions and Solutions with Explanations | Commerce

A. Filing FORM GST REG-01 along with necessary documents with the jurisdictional proper officer.

B. Filing FORM GST REG-01 electronically in the common portal and uploading the required documents along with the application.

C. Uploading necessary documents electronically in the common portal and also submitting manually to the jurisdictional proper officer.

D. None of the above

A. Physical verification of business premises is a discretionary power of proper officer.

B. If additional information for registration asked by the proper officer is not submitted within specified time.

C. If certificate of registration is obtained on misrepresentation of facts.

D. If photograph of the business premise is not uploaded in the common portal within specified time.

A. Shall obtain a centralized registration under GST Law.

B. Shall obtain separate registration in each state from where it is making taxable supplies.

C. Shall obtain registration on temporary basis.

D. No need to apply for registration under GST.

A. Yes

B. No

C. Yes, with prior approval of the Central Government

D. Yes, subject to prior approval of the GST Council

A. Yes

B. No

C. Input tax credit on inward supply of goods only can be claimed

D. Input tax credit on inward supply of services only can be claimed

A. On raising of invoice

B. At the time of supply of goods

C. On receipt of payment

D. Earliest of any of above

A. Date of entry in the books

B. Date of payment credited into bank account

C. Earlier of (a) and (b)

D. Date of filing of return

A. Transaction value

B. MRP

C. Market Value

D. None of above

A. When the buyer and seller are not related and price is not the sole consideration

B. When the buyer and seller are related or price is not the sole consideration

C. It can never be rejected

D. When the goods are sold at very low margins

A. Discounts mention on invoice

B. Packing Charges mention on invoice

C. Any amount paid by customer on behalf of the supplier

D. Freight charges mention on invoice