Time of Supply MCQ | 50 Free MCQs on GST

31. Determine the TOS in accordance with provisions of CGST Act, 2017
Date of actual supply of service – 10th Nov. 2019
Date of Invoice – 12th Dec. 2019
Date on which payment received – 30th April 2020
(a) 10th Nov. 2019
(b) 12th Dec. 2019
(c) 30th April 2020
(d) 10th Dec. 2019

32. Determine the TOS in accordance with provisions of CGST Act, 2017
Date of actual supply of service – 10th Nov. 2019
Date of Invoice – 22th Dec. 2019
Date on which payment received – 12th Dec. 2019
(a) 10th Nov. 2019
(b) 22th Dec. 2019
(c) 12th Dec. 2019
(d) 10th Dec. 2019

33. From the following information determine the reverse charge basis.
Date of Invoice : 30-1-2019
Date of completion of service : 30-1-2019
Date of payment by recipient : 10-2-2019
Entry for receipt of service in recipient’s books : 12-2-2019
(a) Date of Invoice : 30-1-2019
(b) Date of payment by recipient : 10-2-2019
(c) Entry for receipt of service in recipient’s books : 12-2-2019
(d) None of the above

34. If Supply of Services has ceased under a contract before the completion of supply:
(a) Invoice has to be issued within 30 days from the date of cessation
(b) Invoice has to be issued at the time of cessation to the extent of the supply effected
(c) Invoice has to be issued for the full value of the contract after deducting a percentage thereofas prescribed
(d) None of the above

35. The tax invoice should be issued the date of supply of service.
(a) Within 30 days from
(b) Within 2 months from
(c) Within 15 days from
(d) On

36. In case of taxable supply of services, invoice shall be issued within a period of from thedate of supply of service.
(a) 30 days
(b) 45 days
(c) 60 days
(d) 90 days

37. Continuous supply of services” means a supply of services who provided, or agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding MONTHS with periodic payment obligations and includes supply of such services as the Government may, subject to such conditions, as it may, by notification, specify
(a) Three
(b) Four
(c) Six
(d) Twelve

38. In case of continuous supply of services, where due date of payment is ascertainable from the contract, invoice shall be issued
(a) before or at the time when the supplier of service receives the payment
(b) on or before the due date of payment
(c) either (a) or (b)
(d) none of the above

39. In case of continuous supply of services, where due date of payment is not ascertainable from the contract, invoice shall be issued
(a) before or at the time when the supplier of service receives the payment
(b) on or before the due date of payment
(c) either (a) or (b)
(d) none of the above

40. Minimum Service periods required to constitute a continuous supply of services with periodic payment
(a) Exceeding 6 months
(b) 6 months
(c) Exceeding 3 months
(d) 3 months

Answer: 31)10th Nov. 2019 32)10th Nov. 2019 33)Date of payment by recipient : 10-2-2019 34)Invoice has to be issued at the time of cessation to the extent of the supply effected 35)Within 30 days from 36)30 days 37)Three 38)on or before the due date of payment 39)before or at the time when the supplier of service receives the payment 40)Exceeding 3 months