Professional Documents
Culture Documents
Q.1 (a), Q.2 (b), Q.3 (a), Q.4 (d), Q.5 (d), Q.6 a), Q.7 (b), Q.8(c), Q.9 (a), Q.10 (a), Q.11 (b), Q.12 (a),
Q.13 (c) , Q.14 (b), Q.15 (a), Q16 (b), Q.17 (c), Q.18 (d), Q.19 (a), Q.20 (a), Q.21 (a), Q..22 (b), Q.23 (a)
Q.2. Supply from warehouse for storage of duty free ship stores to Naval ships, ocean going merchant
ships is ----------------?
(a). Warehouse
(b). Godown
Q.6.Maintennce & repair service provided within territorial waters to marine vessels owned by foreign
companies is-----------------?
Q.7. Mr. Kumar from Delhi provides interior designing services to Mr. Sanjay Kumar (Mumbai). The
property is located in Ooty (Tamil Nadu ), What will be the place of supply?
(a). Delhi
(b). Mumbai
(c ). Tamil Nadu
Q.8.The time of supply fixes the point when the ------------------- to/of GST arises?
(a). Liability
(b). Payment
(c ). Provision
(d). Recovery
(a). True
(b). False
Q.10 Reverse charge means the liability to pay tax by the ---------------- of goods or services or both
instated of the ---------------------- of such goods or services or both?
(c ). Supplier, Recipient
(d).Agent, recipient
(a). 15-07-2017
(b).25-07-2017
(c ). 30.08.2017
(d). 10.09.2017
Q.12. What would be the time of supply in case of the balance payment?
(a). 15.07.2017
(b). ).25-07-2017
(c ). 30.08.2017
(d). 10.09.2017
Q.13. What is the time of supply of goods in residuary cases, in case where a periodical return has to be
filed?
Q.14. Which section governs the provision for determining time of supply in case of change in rate of
tax?
(a). Section 12
(b). Section 13
(c ). Section 14
(d). Section 15
(a). When the goods have been supplied before the change in rate of tax but issue of invoice and receipt
of payment is after the change in rate of tax.
(b). When the goods have been supplied after the change in rate of tax but issue of invoice and receipt
of payment is before the change in rate of tax.
(c). When the supply of goods and issue of invoice has been done before the change in rate of tax but
issue invoice is after the change in rate of tax.
(d). When the supply of goods and receipt of payment has been done before the change in rate of tax
but issue of invoice is after the change in rate of tax.
Q.16. The relaxation of non-payment of taxes on the advance receipt is only to the supplier of goods &
not to the providers of services?
(a). Correct
(b). Incorrect
(c ). Partially correct
(d). None of the above
Q.17. What shall be the time of supply where services are supplied online?
(a). No separate provision for the online supply of services
(b). Section 12
(c ). Both (a) & (b)
(d). None of the above
Case study: ( Q.18 and Q.19)
Determine the time of supply of services under RCM in the flowing cases?
Particulars Non-associates Associated
enterprises ( Q.18) enterprises( Q.19)
Date on which payment is entered in books of account 15.09.2018 15.09.2018
Date on which payment is debited to bank account 18.09.2018 18.09.2018
Date of issuance of Invoice 11.09.2018 11.09.2018
60 days from the date of issuing Invoice 12.11.2018 12.11.2018
Date of entry in the books of account of the recipient 11.09.2018 11.09.2018
Time of supply ? ?
Q.18.
(a) .15.09.2018
(b). 18.09.2018
(c ). 11.09.2018
(d ). 12.11.2018
Q.19.
(a). 15.09.2018
(b). 18.09.2018
(c ). 11.09.2018
(d). 12.11.2018
Q.20. What provisions would be applied in finding the time of supply in case of works contract?
(a). Section 12
(b). Section 13
(c ). Section 14
(d). Section 15
Q.21.What shall be the time of supply where services are supplied online?
(b). Section 13
(a) Correct
(b). Incorrect
(c ). Partially correct
Q.23. Mr. Sarma entered into a contract with Mr. Rao and agreed to make the payment by 30th
Septemebr,2018. If the payment is not made in time, then he shall pay late fees @Rs.100/- per day. No
payment of late fees has been made so far . What shall be the time of supply in respect of the late fees
due to Mr.Sarma
(a). September,2018
(b). October,2018
(a). Taxes, duties, cesses and fees levied under any other Act
Q.25. What are the deductions allowed in case of transaction value consideration?
(c ). Packing charges