Exemption from Tax MCQ (S.11) | 25 Free MCQs on GST
Exemption from Tax MCQ
1. Which one of the following is true?
(a) Entire income of any trust is exempted from GST
(b) Entire income of a registered trust is exempted from GST
(c) Incomes from specified/defined charitable activities of a trust are exempted from GST
(d) Incomes from specified/defined charitable activities of a registered trust (u/s 12AA of Income Tax Act)are exempted from GST
2. Select the correct statement?
(a) Transfer of a going concern wholly is not exempt from GST
(b) Transfer of a going concern is partly exempt from GST
(c) Transfer partly as going concern is exempted from GST
(d) Transfer of a going concern is exempt from GST
3. Service by whom, by way of any activity in relation to any function entrusted to a municipality under Article 243 W of the Constitution, is exempted?
(a) Central Government or State Government or Union territory or Local authority
(b) Governmental authority
(c) Municipality under Article 243 W of the Constitution
(d) All of above
4. Which is a wrong statement?
(a) All services of Department of Post are exempted
(b) All services by State/Central Governments/local authorities in relation to an aircraft or avessel in a Port or an Airport are exempted
(c) All services by State/Central Governments/local authorities in relation to transport ofpassengers are exempted
(d) All the above mentioned
5. Services 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
6. Which exemption option is right from the following?
(a) For letting out any immovable property
(b) For letting out any residential dwelling for use as residence
(c) For letting out any residential property irrespective of its use
(d) For none of the above
7. Services by a hotel, inn, guest house, club or campsite are exempted for residential / lodging purposes –
(a) If the actual tariff for a unit of accommodation is below Rs 10,000
(b) If the actual tariff for a unit of accommodation is below Rs 1,000
(c) If the actual tariff for a unit of accommodation is exactly Rs 1,000
(d) If the actual tariff for a unit of accommodation is above Rs 1,000
8. Transportation of passengers exempted if –
(a) It is by air-conditioned stage carriage
(b) It is by air-conditioned contract carriage
(c) It is by non-air-conditioned stage carriage for tourism, charter or hire
(d) None of the above
9. Transportation of passengers is exempted –
(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
10. Transportation of goods is not exempted if it is –
(a) by a goods transport agency / courier agency
(b) by inland waterways
(c) by an aircraft from a place outside India upto the customs station of clearance in India
(d) by all the above mentioned
| Answers: 1)Incomes from specified/defined charitable activities of a registered trust (u/s 12AA of Income Tax Act)are exempted from GST 2)Transfer of a going concern is exempt from GST 3)All of above 4)All the above mentioned 5)It is pure labour service only 6)For letting out any residential dwelling for use as residence 7)If the actual tariff for a unit of accommodation is below Rs 1,000 8)None of the above 9)In a metered cab/auto rickshaw / e rickshaw 10)by a goods transport agency / courier agency |
