Scribd Logo
Upload

Welcome to Scribd!

  • 5 views

    Bba 4 Sem Indirect Tax Law S 2019

    Uploaded by

    gauravuntwal222
    tax law BBA 123

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Bba 4 Sem Indirect Tax Law S 2019

    Uploaded by

    gauravuntwal222
    5 views4 pages
    tax law BBA 123

    Original Title

    bba-4-sem-indirect-tax-law-s-2019

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    tax law BBA 123

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    5 views4 pages

    Bba 4 Sem Indirect Tax Law S 2019

    Uploaded by

    gauravuntwal222
    tax law BBA 123

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    AW--2701

    B.B.A. (PBrt-II) Semestor-Mr!minstioa


    INDIRECT TAX LAWS
    Peper-BBA./405
    Time : Three Hoursl 0\'larimum lllarks ; 80

    Note :- All Sections are compulsory.


    SECIION-A
    Multiple choice questions. Choose the correct answer arld writc. Only the first answer will be
    assessed and allofted marks. 20 (l mark each)
    I GST is a national level tax based on :

    (a) First Point Taxprinciple (b) Value added Principle


    (c) Last Point Tax Principle (d) Alt ofthc above
    The GST council shall make recommelrdations to thc Union and the States on :

    (a) the ta\es, ccsses and charges levicd by dre Union, the States and the local bodies which may
    be subsumed in thc goods and service tan
    (b) the goods and services that may be subjcct to or exempted from GST
    (c) neither (a) nor (b)
    (d) borh (a) and (b)
    3 GST is not levied on which ofthe following ?
    (a) Alcoholic liquour for HUInaIr consumption O) Five Petoteum Products
    (c) Irnmovable Prcperty (d) All ofthc above
    1 The following ta,\es have been subsurned into Cental GST :

    (a) Central SalcsTa{ O) VAT


    (c) Service Tax (d) All ofthc above
    5 Which ofthe following forms are us€d for registation ?
    (a) FoTmGSTR-l O) Form GST APL-01
    (c) Form GST REG-01 (d) Form GST RFD-01
    6 Wh.ich one of thc following is true ?
    (a) A persofl can't collect tax unless he is registered.
    (b) Registered person not liable to collect tax till his aggregate tumovcr exceeds Rs. 20 lakhs/
    l0 lakhs as the case may be.
    (c) A pcrson can collect tax during the p€riod of his provisional registration.
    (d) Bolh (a) and (b)

    !BC--t3088 I (Conrd.)
    7. Which ofthc follo\ting arc the tunctions of GSlN ?
    (a) FacilitatingRegistration

    O) Computation and settlement of IGST


    (c) Fonnarding the returns (o (lentral and Slate authoritics
    (d) Allofthe abovc.

    8. What is the validity ofthc rctlistrltion cenilicate ?

    (a) One'Fear (b) No validity

    (c) Valid till it is cancellcd (d) l'ive Years


    9. What are the taxes levied on an inttu state supply ?

    (a) CGS'| (b) SGST

    (c) CGS'I and SGS1 (d) IGSI


    t0. Which onc of the lbllouing Ls rr.re ?

    (a) Entire income ofany trust is excmpted from GST.


    (b) Entir(: income of a registc( d trust is excmpted from GST.
    (c) Incomes from specified/defined charitablc activities ofa registered trust (dsec. l2 AA ofthe
    Inconre'lax Act) are exemJrted tiom GST.
    (d) lncorr,es from specified/defined charitablc activitics ola trust are cxempted from GST.

    I l. Serviccs to a single, residential unit is exemptcd if :

    (a) It is pure labour servicc onlv


    (b) It is works contract only
    (c) It is part olresidenlial complex only
    (d) [t is on ground lloor wilhour further super structure.
    12. Which ofthe following activity is outside thc scope ofsupply arid not taxable under GST ?
    (a) Services by an employee to lhe cmployer in the course ofor in relation to his employment-
    (b) Serviccs of funeral.
    (c) Actionable claims other than lotte4,, betting and gambling.
    (d) All of rhe above.
    13. No rel'und shall be paid to an applicant. if thc amount is lcss than
    (a) Rs.50rl0 (b) Rs. 1000
    (c) Rs. 10.000 (d) Rs.500
    14. Reverse charge is applicable :

    (a) Only on Intra-State supplies (b) Only on Inter-State supplies


    (c) Both Intra-State and lnter-Statc supplies (d) None ofthe above

    \tsL 13088 (Contd.)


    15. l'he shallbe mairtained in form GSTPMT05 for 6ach person, liable to pay ta,\,
    interest, penalty, late fee o. aiy other on the common pofial for crediting lhe amount
    ^mount
    deposited and debiting the paymcnt therefrom towards t&{, interest, penalty, fee or any other
    amouIlL

    (a) Elsctronic Cash Ledgcr O) Electronic Credit Ledger


    (c) Electronic Liability Register (d) None of the above
    16. In case of rcn(ing of land, inside an lldustrial Estate, by State Govemment to a registercd
    manufacturing company; GS'[' is :

    (a) Exempted (b) Applicable inder normal charge

    (c) Applicable under reverse charge (d) None ofthe above


    I 7. The power to make laws in respect to customs duty vests with the :

    (a) Covernincrt
    State (b) Ceffial Governrnent
    (c) Cenfal Board ofTaxes (d) President oflndia
    18. _ are levied for protection ofinterest ofdomestic industry established in India :

    (a) duty
    Safeguard (t) Protective duty
    (c) Anti Subsidydury (d) Anti Dumping duty
    l9 can be imposcd ifthe Central Govemment on enquiry finds that the impofls in
    incrcased quantity have causcd serious injury to domestic industry or is threateni[g to cause
    ser,ous injury to domcstic industry
    (a) Protective duty (t) Safeguard duty
    (c) Anti Subsidy duty (d) Anndumping duty
    20. The Central Govemment has power to IerJ on dumped articles
    (a) Protectiveduty (b) Safeguard duty
    (c) Anti Subsidy du(y (d) Anti Dumping duty
    SECTION-B
    Short ans*er t)?e questions : 20 (4 marks each)
    (a) What are the featues of GST ?
    OR
    (b) Who are the mcmbers of GST Council ?

    (a) What are the advantages ofregistration under CST laws, for the Tax Paye. ?
    OR
    (b) What is GSTN ?
    3 (a) What is the taxable event under GST ?
    OR
    (b) Enumerate any two excmpt services provided by Govemment.

    YBC 13088 3 (Contd )


    4. (a) List our any four situations tiat may necessitate refund clairn.
    OR
    (b) What are the features of C S f payments ?

    5. (a) What are the essential ingredients for charge ofcustom duty ?
    OR
    (b) What are lhe objectives lbr lew of customs duty ?
    SECTION-{
    Long Answer t]?e questions :- 40 (8marks each)
    l. (a) What is the Role ofGST Council ?
    OR
    O) Elaborate the benefits ofGS't
    2. (a) Elucidate the persons liable fi,r regislration.
    OR
    O) What is the procedure ofcancellalion of Registration ?
    3. (a) Explain the lery and collection ofCGST.
    OR
    (b) Explain the power ol the Go'\,emment to grant exemption from Tax
    4. (a) What are CPIN, CIN, BRN and E-FPB ?

    OR
    (b) \\ftat is Consumer Wcllzue Fund ? How is this fund utilised ?

    5. (a) Discuss the scope and coverage ofCustoms law.


    OR
    (b) Elabor6te'Protective Duty' and'Safeguard duty'.

    \BC'-l3088 ,1
    I25

    You might also like