A manufacturer may be exempted from payment of excise duty if he proves that the goods are unfit for consumption.
True
False
Correct Answer :
A. True
Related Questions
Service tax is administrated by
Central excise commissionerates
Service tax commissionerates
CBDT
None of the above
Service Tax is administered by
Central Excise Commissionerate
Service Tax Commissionerate
CBDT
None of the above
In case of service tax all appeals , relating to matters of valuation & classification , against order of Tribunnal lies with the
Supreme Court
High Court
District Court
None of the above
Form ST-3, in connection with Service Tax, is to be filed on half-yearly basis.
True
False
There is no service tax on
sale of service
export of service
Both of the above
None of the above
The concept of service tax was introduced in India , in the year
1994-95
2000-01
2004-05
None of them.
Total number of services brought under Service Tax net through Finance Act, 2005 is 10.
True
False
An event management company charged Rs.50,000 from his client for the services rendered by him. The amount of Service Tax (including education cess) to be levied is
Rs.4,000
Rs.5,000
Rs.6,000
Rs.5,100
In India service tax had been levied on the recomendation of
Tax Reforms Commitee
Ministry of Finance
CBDT
Revinue Minister
Remission of excise duty can be applied for in case of destruction of goods by
Natural causes
Unavoidable accident
Both of the above
None of the above
Service Tax has to be paid on any advance amount received from the client prior to raising any bill for the service rendered.
True
False
In case of removal of goods to be destroyed under supervision of Central Excise Officer, the invoice should indicate
Zero' duty
Nil' duty
Exempted
No' Duty
In relation to Excise Duty, under Physical Control System, goods can be removed on any day, at any time.
True
False
There is a provision of remission of Excise duty in case of destruction of goods by natural causes only.
True
False
In a financial year, turnover of upto _________________ is exempted from payment of Central Excise duty.
Rs.50 lakhs
Rs.1 Crore
Rs.2 Crore
None of the above
In case of excise dutty the duplicate copy of invoice is for the
Buyer
Transporter
Assessce
None of the above
The Registration Certificate is issued within _______________________ days of receipt of application at the Excise Office.
5
7
15
30
The registration certificate obtained from excise authorities is to be exhibited at the registered premises.
True
False
Return of Service Tax is to be furnished to be to the Superintendent of ______________ in Form ______________.
Service Tax, ST-3
Central Excise, ST-3
Service Tax, TR-6
Central Excise, TR-6
STC stands for
Sales Tax Code
Service Tax Code
Service Transaction Code
Service Trader Code
SSI unit stands for
Small Sale Industries Unit
Small Scale Industrial Unit
Same Scale Industrial Unit
None of the above
The claim for refund of excess Service Tax paid has to be made within _______________ from the date of payment of excess tax.
3 Months
6 Months
1 Year
None of the above
Service Tax is levied by the Central Government
True
False
In case of non-payment of excise duty, interest is to be paid @ ____________on the amount of unpaid duty, or, _________ per day, whichever is higher.
15%, Rs.1000
24%, Rs.1,000
24%, Rs.500
15%, Rs.500
The time limit for sending back manufactured goods by job-worker to the principal manufacturer is ______________ days.
6 Months
180 Days
1 Year
None of the above
The Document to be enclosed with the application for registration under Excise Rules is / are
Ground Plan
Rent Receipt / Document of ownership
Articles of Association
All of the above
A 100% Export Eriented Undertaking is exempted from obtaining registration.
True
False
Input credit of Service Tax can be availed only if the final service is of the same category as that of the input service.
True
False
In case of centralised billing system only one application is required in respect of all the premises for registration under service tax.
True
False
Registration formality has been exempted by CBE&C in case of
SSI units availing slab exemption
Jobworker, if duty liability is paid by principal employer
100% EOU
All of the above