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
Correct Answer :
C. Both of the above
Related Questions
PLA stands for
Personalised Ledger Account
Personal Ledger Account
Privilege Leave Allowed
Personal Ledger Amount
Service tax is administrated by
Central excise commissionerates
Service tax commissionerates
CBDT
None of the above
SSI unit stands for
Small Sale Industries Unit
Small Scale Industrial Unit
Same Scale Industrial Unit
None of the above
The annual turnover of a SSI unit (under non-CENVAT SCHEME) is Rs.60 Lakhs. The amount of duty payable by him is
Rs.36 Lakhs
Rs.36,000
Rs.24 Lakhs
None of the above
STC stands for
Sales Tax Code
Service Tax Code
Service Transaction Code
Service Trader Code
The concept of service tax was introduced in India , in the year
1994-95
2000-01
2004-05
None of them.
The Registration Certificate is issued within _______________________ days of receipt of application at the Excise Office.
5
7
15
30
Service Tax is administered by
Central Excise Commissionerate
Service Tax Commissionerate
CBDT
None of the above
A SSI unit opting for non-CENVAT facility has to pay duty after crossing turnover of ____________ at full rate of tariff duty.
Rs.1 Crore
Rs. 50,000
Rs.25,000
Rs.5,000
A 100% Export Eriented Undertaking is exempted from obtaining registration.
True
False
Excise Duty is to be paid through ________________ challan.
TR - 6
TR - 3
ST - 6
ST - 3
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
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
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
In relation to Excise Duty, under Physical Control System, goods can be removed on any day, at any time.
True
False
In relation to Excise Duty form AR-1 is to be submitted for clearing goods under
Physical Control System
Self Control System
Both (a) and (b)
None of the above
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
An appeal to the Apellate Tribunal, in connection with Service Tax, has to be made within ___________ with a fee of ______________.
3 Months, Rs.200
3 Months, Rs.50
2 Months, Rs.200
1 Month, Rs.200
The Central Excise law is administered by
Central Board of Indirect Taxes
Central Board of Excise and Customs
Central Board of Excise Duty
Central Government
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
Service tax is an example of
Direct Tax
Indirect Tax
Mixed Tax
None of the above
In India service tax had been levied on the recomendation of
Tax Reforms Commitee
Ministry of Finance
CBDT
Revinue Minister
In relation to Excise Duty, fresh application for registration has to be made for an already registered concern, in case of
Death of a director of a limited company
Death of a partner of a partnership firm
Death of an individual manufacturer
Both (b) and (c)
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
In case of centralised billing system only one application is required in respect of all the premises for registration under service tax.
True
False
A manufacturer may be exempted from payment of excise duty if he proves that the goods are unfit for consumption.
True
False
Form ST-3, in connection with Service Tax, is to be filed on half-yearly basis.
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
A person manufacturing excisable goods with "nil rate" of Excise Duty does not have to apply for registration.
True
False
SSI units availing CENVAT can clear their goods upto Rs. 1 Crore @ ____________of tariff duty.
10%
25%
50%
60%