Goods & Service Tax

BBA 4th Semester

Goods & Service Tax

Short Answer type Questions

1.      Differentiate between Direct Tax and Indirect Tax

2.      Write a note on Pros and Cons of  GST

3.      Write a note on ‘Inter-state Supply’ under GST

4.      Define ‘Transaction Value’

5.      Briefly explain the taxes subsumed under GST.

6.      Write a note on ‘composition levy scheme’

7.      Explain the concept of  GST under ‘reverse charge basis’

8.      Write a note on ‘E-Way Bill’ under GST

9.      Write note on Tax invoice, debit note, credit note.

10.  Write a note on maintenance of electronic register/ledger for payment of tax.

11.  Explain payment procedure under GST

Long Answer type Questions

1.      ‘GST is a consumption based tax’, explain. What are the reasons of GST implementation and what are the advantages of GST?

2.      Explain the salient features of GST.

3.      What is ‘concurrent dual GST’ model? Discuss the scope of the GST model in India.

4.      Describe administrative setup under CGST. What are the powers of GST officers?

5.      Explain the provisions related with levy & collection of GST.

6.      Describe procedure under composite levy scheme. Also explain provisions related to conditions & restrictions under this scheme

7.      What is the taxable event for levy of GST? Explain the taxable and non-taxable supplies under section 7 of GST Act/ explain the scope of supply under GST Act.

8.      What are the advantages of registration? Explain the ‘registration procedure’ under GST

9.      Discuss the previsions related with determination of nature of supply/inter-state, intra-state & supplies in territorial water.

10.  Explain in detail the rules for determination of time of supply of goods and services under GST.

11.  Discuss in detail the GST ‘Valuation Rules/ Discuss a detailed note on ‘Determination of Value of Supply Rules, 2017’  

12.  Discuss in detail the rules for determination of place of supply of goods and services under GST.

13.  What is transaction value? Explain the provisions related to valuation under this method.

14.  “ITC is the core provision of GST”. Discuss the phrase in detail.

15.  Explain different types of return under GST law/Provisions related with different types of return