Goods and Services Tax (GST) MCQs with answers Page - 11

Here, you will find a collection of MCQ questions on Goods and Services Tax (GST). Go through these questions to enhance your preparation for upcoming examinations and interviews.

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Q. Which of the following services is exempt under GST?

  • (A) Consulting services
  • (B) Goods transport by rail
  • (C) Healthcare services
  • (D) Hotel services

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Q. Which of the following is not a valid reason for GST registration cancellation?

  • (A) Business discontinued
  • (B) Turnover exceeds ₹20 lakh
  • (C) Business transferred
  • (D) Death of proprietor

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Q. Which one is true about the Input Service Distributor (ISD) under GST?

  • (A) It distributes CGST and SGST only
  • (B) It cannot distribute ITC
  • (C) It distributes ITC of input services to other branches
  • (D) It issues tax invoices

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Q. Which of these statements is true regarding GST on second-hand goods?

  • (A) Tax is always applicable at full value
  • (B) Tax is not applicable at all
  • (C) Tax is payable on margin value
  • (D) It is exempt from all tax

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Q. Which authority imposes anti-profiteering measures under GST?

  • (A) CBIC
  • (B) GST Council
  • (C) NAA (National Anti-Profiteering Authority)
  • (D) Finance Commission

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Q. Which document is issued when goods are sent on approval basis?

  • (A) Tax Invoice
  • (B) Delivery Challan
  • (C) Bill of Supply
  • (D) Debit Note

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Q. Which form is filed for rectification of GSTR-1 after submission?

  • (A) GSTR-1A
  • (B) GSTR-2
  • (C) GSTR-4
  • (D) GSTR-3

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Q. How is IGST shared between Centre and State?

  • (A) Entirely by Centre
  • (B) 50:50
  • (C) 80:20
  • (D) 100:0

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Q. Which of the following services is taxed under reverse charge mechanism?

  • (A) Consulting services by a registered company
  • (B) Services by advocate to business
  • (C) Restaurant services
  • (D) Digital goods by Indian suppliers

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Q. The term 'aggregate turnover' under GST includes:

  • (A) Taxable and exempt supplies
  • (B) Exports and inter-state supplies
  • (C) All of the above
  • (D) None of the above

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