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4

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

A. Rs.4,000

B. Rs.5,000

C. Rs.6,000

D. Rs.5,100

Correct Answer :

D. Rs.5,100


Related Questions

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4

In case of removal of goods to be destroyed under supervision of Central Excise Officer, the invoice should indicate

A. Zero' duty

B. Nil' duty

C. Exempted

D. No' Duty

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4

The Document to be enclosed with the application for registration under Excise Rules is / are

A. Ground Plan

B. Rent Receipt / Document of ownership

C. Articles of Association

D. All of the above

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4

An appeal to the Apellate Tribunal, in connection with Service Tax, has to be made within ___________ with a fee of ______________.

A. 3 Months, Rs.200

B. 3 Months, Rs.50

C. 2 Months, Rs.200

D. 1 Month, Rs.200

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4

Service tax is payble on service even if provided is abrod

A. True

B. False

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4

STC stands for

A. Sales Tax Code

B. Service Tax Code

C. Service Transaction Code

D. Service Trader Code

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4

A manufacturer may be exempted from payment of excise duty if he proves that the goods are unfit for consumption.

A. True

B. False

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4

In relation to Excise Duty form AR-1 is to be submitted for clearing goods under

A. Physical Control System

B. Self Control System

C. Both (a) and (b)

D. None of the above

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4

A person manufacturing excisable goods with "nil rate" of Excise Duty does not have to apply for registration.

A. True

B. False

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4

Excise related records cannot be maintained on computer hard disks.

A. True

B. False

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4

Excise Duty is payable at the time of completion of manufacture of goods.

A. True

B. False

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4

In relation to central Excise, under Physical Control System, goods can be removed on any day, at any time.

A. True

B. False

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4

The taxable event under Central Excise law is

A. Manufacture of excisable goods

B. Sale of excisable goods

C. Removal of goods from factory

D. Whichever is later

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4

A 100% Export Eriented Undertaking is exempted from obtaining registration.

A. True

B. False

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4

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

A. Rs.4,000

B. Rs.5,000

C. Rs.6,000

D. Rs.5,100

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4

The Registration Certificate is issued within _______________________ days of receipt of application at the Excise Office.

A. 5

B. 7

C. 15

D. 30

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4

Service Tax is administered by

A. Central Excise Commissionerate

B. Service Tax Commissionerate

C. CBDT

D. None of the above

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4

Return of Service Tax is to be furnished to be to the Superintendent of ______________ in Form ______________.

A. Service Tax, ST-3

B. Central Excise, ST-3

C. Service Tax, TR-6

D. Central Excise, TR-6

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4

The basic objective of service tax is

A. Broadening the tax base

B. Augmentation of Revenue

C. Larger participation of citizens in the economic development of the nation .

D. All of the above.

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4

Input credit of Service Tax can be availed only if the final service is of the same category as that of the input service.

A. True

B. False

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4

In India service tax had been levied on the recomendation of

A. Tax Reforms Commitee

B. Ministry of Finance

C. CBDT

D. Revinue Minister

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4

The time limit for sending back manufactured goods by job-worker to the principal manufacturer is ______________ days.

A. 6 Months

B. 180 Days

C. 1 Year

D. None of the above

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4

SSI units availing CENVAT can clear their goods upto Rs. 1 Crore @ ____________of tariff duty.

A. 10%

B. 25%

C. 50%

D. 60%

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4

Excise Duty is to be paid through ________________ challan.

A. TR - 6

B. TR - 3

C. ST - 6

D. ST - 3

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4

In case of centralised billing system only one application is required in respect of all the premises for registration under service tax.

A. True

B. False

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4

Service Tax has to be paid on any advance amount received from the client prior to raising any bill for the service rendered.

A. True

B. False

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4

Total number of services brought under Service Tax net through Finance Act, 2005 is 10.

A. True

B. False

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4

PLA stands for

A. Personalised Ledger Account

B. Personal Ledger Account

C. Privilege Leave Allowed

D. Personal Ledger Amount

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4

The registration certificate obtained from excise authorities is to be exhibited at the registered premises.

A. True

B. False

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4

The New ECC of a registered excise dealer having PAN IAVSG2356X is IAVSG2356X XD 001.

A. True

B. False

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4

In case the factories of a manufacturer, covered by Central Excise law, falls under different Commissionerates, New ECC will be issued by

A. Director General of Inspection

B. Commissionerate Headquarter

C. Deputy Commissioner

D. None of the above