Home
Current Affairs January 2024

What is the correct answer?

4

The claim for refund of excess Service Tax paid has to be made within _______________ from the date of payment of excess tax.

A. 3 Months

B. 6 Months

C. 1 Year

D. None of the above

Correct Answer :

C. 1 Year


Related Questions

What is the correct answer?

4

Service Tax is levied by the Central Government

A. True

B. False

What is the correct answer?

4

Remission of excise duty can be applied for in case of destruction of goods by

A. Natural causes

B. Unavoidable accident

C. Both of the above

D. None of the above

What is the correct answer?

4

The annual turnover of a SSI unit (under non-CENVAT SCHEME) is Rs.60 Lakhs. The amount of duty payable by him is

A. Rs.36 Lakhs

B. Rs.36,000

C. Rs.24 Lakhs

D. None of the above

What is the correct answer?

4

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

A. True

B. False

What is the correct answer?

4

PLA stands for

A. Personalised Ledger Account

B. Personal Ledger Account

C. Privilege Leave Allowed

D. Personal Ledger Amount

What is the correct answer?

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

What is the correct answer?

4

Service Tax is administered by

A. Central Excise Commissionerate

B. Service Tax Commissionerate

C. CBDT

D. None of the above

What is the correct answer?

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

What is the correct answer?

4

Excise Duty is to be paid through ________________ challan.

A. TR - 6

B. TR - 3

C. ST - 6

D. ST - 3

What is the correct answer?

4

There is a provision of remission of Excise duty in case of destruction of goods by natural causes only.

A. True

B. False

What is the correct answer?

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

What is the correct answer?

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.

What is the correct answer?

4

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

A. True

B. False

What is the correct answer?

4

Excise related records cannot be maintained on computer hard disks.

A. True

B. False

What is the correct answer?

4

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

A. True

B. False

What is the correct answer?

4

Form ST-3, in connection with Service Tax, is to be filed on half-yearly basis.

A. True

B. False

What is the correct answer?

4

In case of excise dutty the duplicate copy of invoice is for the

A. Buyer

B. Transporter

C. Assessce

D. None of the above

What is the correct answer?

4

There is no service tax on

A. sale of service

B. export of service

C. Both of the above

D. None of the above

What is the correct answer?

4

STC stands for

A. Sales Tax Code

B. Service Tax Code

C. Service Transaction Code

D. Service Trader Code

What is the correct answer?

4

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.

A. 15%, Rs.1000

B. 24%, Rs.1,000

C. 24%, Rs.500

D. 15%, Rs.500

What is the correct answer?

4

Registration formality has been exempted by CBE&C in case of

A. SSI units availing slab exemption

B. Jobworker, if duty liability is paid by principal employer

C. 100% EOU

D. All of the above

What is the correct answer?

4

The claim for refund of excess Service Tax paid has to be made within _______________ from the date of payment of excess tax.

A. 3 Months

B. 6 Months

C. 1 Year

D. None of the above

What is the correct answer?

4

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

A. 5

B. 7

C. 15

D. 30

What is the correct answer?

4

A SSI unit opting for non-CENVAT facility has to pay duty after crossing turnover of ____________ at full rate of tariff duty.

A. Rs.1 Crore

B. Rs. 50,000

C. Rs.25,000

D. Rs.5,000

What is the correct answer?

4

Service tax is payble on service even if provided is abrod

A. True

B. False

What is the correct answer?

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

What is the correct answer?

4

Service tax is an example of

A. Direct Tax

B. Indirect Tax

C. Mixed Tax

D. None of the above

What is the correct answer?

4

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

A. True

B. False

What is the correct answer?

4

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

A. True

B. False

What is the correct answer?

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