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CMA Intermediate Exam: Indirect Taxation
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Avg score: 8% Most missed: “Transportation of passengers by ____ are exempt from GST.”

Syllabus: (with weightage)

A. Canons of Taxation - Indirect Tax GST 80%
B. Customs Laws 20%

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CMA Intermediate Exam: Direct Taxation

CMA Intermediate Exam: Direct Taxation 2 (Fill Blanks)

CMA Intermediate Exam: Indirect Taxation
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25 Questions

1. Which of these electronic ledgers are maintained online?
2. Interest is payable on:
3. A supplier is liable to get registered under GST if his aggregate turnover in a financial year crosses Rs. 20 lakh in a state or UT other than special category states if he is-
4. Common portal referred in which section
5. First discussion paper (FDP) which formed the basis for GST in 2009 was released by
6. Appointed day
7. The Safeguard duty imposed shall be in force for a period of _______ from the date of its imposition and can be extended with the total period of levy not exceeding _____.
8. GST is levied on supply of all goods and services except:
9. Which of the following shall be discharged first, while discharging liability of a taxable person?
10. What is the threshold limit of turnover in the preceding financial year to be eligible for composition levy in Delhi?
11. Mr. T, a thief has stolen motorbike and sells the motorbike to Mr. Q. It is illegal to steal a motorbike. Sale of motorbike will be considered as:
12. Balance in electronic credit ledger under SGST can be used against which liability?
13. In case of customs valuation, if air freight is not given, it is to be considered as:
14. Which of the following inward supplies are not eligible for ITC in case of a company manufacturing shoes?
15. Transportation of passengers by ____ are exempt from GST.
16. Mr. A has started supply of goods in Delhi. He is required to obtain registration if his aggregate turnover exceeds ____ during a financial year
17. Whether person opted for composite scheme collect tax under GST
18. Under GST, interest is liable to be paid on delayed payment of tax @:
19. Where a person becomes liable to get registered under GS T law, he should furnish application for registration within -------------- days.
20. Which of the following activity is outside the scope of supply and not taxable under GST?
21. ------------- means where goods are cast into sea to reduce weight of ship to prevent it from sinking and the thrown goods sink
22. In IGST, I stands for
23. In case of lady passenger coming to India after stay abroad more than one year, duty free jewellery can be brought by her with a value cap of:
24. The maximum amount of late fee payable by any registered person on failure to furnish GSTR
25. The due date of filing of GSTR