Tuesday, September 26, 2017

gst exemption questions





gst levied_exemption_questions


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Goods and Services (GST)  to a single residential unit is exempted if:
(a) It is pure labour service only
(b) It is works contract only
(c) It is a part of residential complex only
(d) It is on ground floor without further super structure
Ans. (a) It is pure labour service only

Transportation of passengers is exempted under Goods and Services (GST)  -
(a) In an air conditioned railway coach
(b) In a vessel for public tourism purpose between places in India
(c) In a metered cab/auto rickshaw / e rickshaw
(d) In all the above mentioned

Ans. (c) In a metered cab/auto rickshaw / e rickshaw

Which of the following is exempted –
(a) Services by way of loading, unloading, packing, storage or warehousing of rice
(b) Services by way of loading and unloading of jute
(c) Services by way of packing and storage or warehousing of rubber
(d) None of the above
Ans. (a) Services by way of loading, unloading, packing, storage or warehousing of rice

One of the following is exempted from GST -
(a) Any business exhibition
(b) A business exhibition in India
(c) A business exhibition outside India
(d) None of the above
Ans. (c) A business exhibition outside India

Which of the following isn't always exempted  under Goods and Services (GST)
(a) Health care service to human beings by authorized medical practitioners / para medics
(b) Health care services to Animals/Birds
(c) Slaughtering of animals
(d) Rearing horses
Ans. (a) Rearing horses

Services by educational institution is not exempted if the services are to -
(a) Any common man
(b) Its own students, faculty / staff
(c) Both a & b
(d) None of the above
Ans. (b) Its own students, faculty / staff

Which of the following are exempted services?
(a) Services by an artist by way of a performance in folk or classical art forms of music/ dance / theatre with consideration therefor not exceeding Rs. 1 lakh
(b) Services by an artist by way of a performance in folk or classical art forms of music/ dance with consideration therefor not exceeding Rs. 1.5 lakh
(c) Services by an artist by way of a performance in folk or classical art forms of music/ dance / theatre with consideration therefor not exceeding  Rs.1.5 lakh
(d) Services by an artist as a brand ambassador by way of a performance in folk or classical art forms of music/ dance / theatre with consideration therefor not exceeding  Rs.1.5 lakh
Ans. (c) Services by an artist by way of a performance in folk or classical art forms of music/dance / theatre with consideration therefor not exceeding Rs. 1.5 lakh

Services by a Non Profit entity (Registered or Unregistered) are exempted -
(a) If they are to its own members provided the contribution received is up to Rs. 5,000 per month from a member
(b) If they are to its own members, provided the contribution received is up to Rs. 5,000 per month from a member towards sourcing goods/services from any third person for common use of members
(c) If they are to its own members, provided the contribution is less than Rs. 5,000 per month from a member towards sourcing goods/services from any third person for common use of members
(d) If they are to its own members, provided the contribution is up to Rs. 5,000 per month per member for common use specified members
Ans. (b) If they are to its own members, provided the contribution received is up to Rs. 5,000 per month from a member towards sourcing goods/services from any third person for common use of members

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