6. Which one of the following shall not be treated as supply?
Correct : C. Actionable Claim
7. Input means _________
Correct : A. Any goods of Excluding capital goods
8. “Exempt Supply “means supply of any goods or services or both which attracts _______________rate of tax.
Correct : B. Nil
9. Input means any goods other than _________goods.
Correct : A. Capital
10. Works of contract in GST is ______________.
Correct : B. Supply of Service
11. On which one of the following items, GST will be levied?
Correct : D. Liquefied Petroleum Gas
12. Rate of IGST on Motor Car is _____________.
Correct : D. 28%
13. Rate of Tax on platinum CGST and SGST together ______________________.
Correct : B. 3%
14. Rate of composition got restaurant is ____________.
Correct : A. 5%
15. Rate of Tax for composition for restaurant is ___________.
Correct : B. 2%
16. Ayurvedic products comes under which rate structure?
Correct : B. Nil
17. Under GST, smart phones will be taxed at _____________ percent?
Correct : C. 18%
18. Time period within which invoice has to be issued in case of movable gods ____________
Correct : B. On or rather delivery of good
19. Minimum rate of tax under consumption levy for restaurant services _______
Correct : D. 5%
20. Mr. A is supplier opted composition scheme when he is required to file his return in respect of supply of October 2017 to
Dec 2017.
Correct : C. 18th January 2018
21. Compute time of supply (in case of supply of toothpaste) when its removal on 25/12/2017, date of invoice 31/12/2017, date
of payment 01/01/2019____________
Correct : A. 25/12/2019
22. Compute time of supply (0in case of Supply of Soap) when its removal on 25/11/2017, Date of invoice 21/11/2017.
Correct : B. 21/11/2017
23. Composition levy applicable to tax prayer whose turnover not exceed ___________-
Correct : D. 150 Lakhs
24. Dealers not eligible for opting composition scheme.
Correct : C. Interstate supplier of goods
25. Which of the following tax rate is not applicable under the GST?