CA Inter MCQs Indirect Tax – Payment of Tax

CA Inter MCQs GST or IDT ( Indirect Tax ) – Practice CA Inter MCQs of Payment of Tax

Question – 1

What is the order of utilizing ITC of CGST available in Electronic Credit Ledger ?

a. First for payment of UTGST, second for IGST and then for SGST
b. First for payment of IGST, second for CGST and then for SGST/ UTGST
c. First for payment of CGST and then for IGST and not for SGST/ UTGST
d. None of the above




Question – 2

What is the rate of interest on delayed payment of GST ?

a. 18% per annum
b. 18% per month
c. 24% per annum
d. None of the above

Question – 3

What is the rate of TCS under GST ?

a. 1% CGST + 1% IGST
b. 1% IGST + 1% SGST
c. 1% CGST + 1% SGST
d. None of the above

Question – 4

Z has a sum of Rs. 8,50,000 as ITC of CGST in the electronic credit ledger. He has to pay the tax liability of CGST of Rs. 4,50,000, SGST of Rs. 2,50,000 and IGST of Rs. 3,00,000. Determine the order of utilization of ITC available ?

a. First CGST of Rs. 4,50,000, IGST of Rs. 3,00,000 then balance for SGST
b. First CGST of Rs. 4,50,000, IGST of Rs. 3,00,000 and no adjustment with SGST
c. First IGST of Rs. 3,00,000, CGST of Rs. 4,50,000 then balance for SGST
d. None of the above

Question – 5

Which date shall be considered as date of deposit of GST to the account of Government ?

a. Date of credit into account of Government
b. Date of debit to the account of the taxable person
c. Date of creation of challan for payment
d. None of the above




CA Inter MCQs GST or Indirect Tax

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