Expert Level - N J Jain & Associates

Expert Level

Calling all GST maestros! The Expert Level GST Quiz is not for the faint-hearted. Dive deep into the intricate nuances of taxation mastery, where only the savviest emerge victorious. Prove your GST genius and claim the title!

You have 10 minutes to take up the Quiz.

1 / 15

What is the role of the Invoice Registration Portal (IRP) in the e-invoicing system?

A) Issuing invoices to taxpayers

B) Validating and registering e-invoices

C) Maintaining taxpayer records

D) Generating e-way bills

2 / 15

What is the GST rate on the supply of Mercedes GLS cars?

A) GST 28% + 1% Cess

B) GST 28% + 15% Cess

C) GST 28% + 20% Cess

D) GST 28% + 22% Cess

3 / 15

What is the rate of pre-deposit for filing an appeal with the GST tribunal?

A) 10%

B) 20%

C) 30%

D) Nil

4 / 15

What is the rate of pre-deposit for filing an appeal with the Joint Commissioner Appeals?

A) 10%

B) 20%

C) 30%

D) Nil

5 / 15

Which type of supply is not considered as a 'composite supply' under GST?

A) Supply of goods with insurance

B) Supply of goods with warranty

C) Supply of goods with packaging

D) Supply of goods with a gift

6 / 15

Under GST, what is the treatment of discounts offered before or at the time of supply?

A) Included in the transaction value

B) Excluded from the transaction value

C) Taxed separately

D) Treated as a reverse charge

7 / 15

What is the full form of "GSTN" in the context of GST?

A) Goods and Services Tax Network

B) General Services Tax Notification

C) Goods and State Tax Nexus

D) Government System for Taxation and Notification

8 / 15

What is the GST rate for of motor vehicles with operator?

A) Exempt

B) 5%

C) 18%

D) 28%

9 / 15

In GST, who has the authority to arrest a person for tax evasion?

A) GST Commissioner

B) GST Council

C) GST Appellate Authority

D) GST Intelligence Bureau

10 / 15

Under GST, what is the form used by an Input Service Distributor (ISD) to distribute the input tax credit?

A) GSTR-1

B) GSTR-2

C) GSTR-6

D) GSTR-9

11 / 15

What is the meaning of “NTOR” in GST?

A) Non-Taxable Online Recipient

B) Nil Transation Online Reciept

C) Non-Taxable Online Records

D) Non-Taxable Online Recipient

12 / 15

What is the minimum turnover limit for businesses required to generate e-invoices under GST?

A) Rs. 5 crores

B) Rs. 7 crores

C) Rs. 10 crores

D) Rs. 50 crores

13 / 15

What is the GST rate for healthcare services provided by a doctor in an individual capacity?

A) Exempt

B) 5%

C) 12%

D) 18%

14 / 15

Can ITC be claimed on goods as free samples?

A) Yes

B) Yes, but subject to conditions

C) No

D) Only on promotional activities

15 / 15

According to the CGST Act, what is the rate of interest for delayed payment of tax?

A) 12%

B) 18%

C) 24%

D) 36%

And that concludes the GST Quiz!
Brace yourself for your results on the next screen.
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