The concept of service tax was introduced in India , in the year

Question

The concept of service tax was introduced in India , in the year

A. 1994-95

B. 2000-01

C. 2004-05

D. None of them.

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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

Discuss this answer

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

A. True

B. False

Discuss this answer

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

A. True

B. False

Discuss this answer

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

A. True

B. False

Discuss this answer

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

Discuss this answer

In case of service tax all appeals , relating to matters of valuation & classification , against order of Tribunnal lies with the

A. Supreme Court

B. High Court

C. District Court

D. None of the above

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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

Discuss this answer

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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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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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

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

A. True

B. False

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

A. True

B. False

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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

Discuss this answer

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

A. True

B. False

Discuss this answer

PLA stands for

A. Personalised Ledger Account

B. Personal Ledger Account

C. Privilege Leave Allowed

D. Personal Ledger Amount

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

A. 5

B. 7

C. 15

D. 30

Discuss this answer

There is no service tax on

A. sale of service

B. export of service

C. Both of the above

D. None of the above

Discuss this answer

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

Discuss this answer

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

Discuss this answer

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.

Discuss this answer

The concept of service tax was introduced in India , in the year

A. 1994-95

B. 2000-01

C. 2004-05

D. None of them.

Discuss this answer

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

A. True

B. False

Discuss this answer

The Central Excise law is administered by

A. Central Board of Indirect Taxes

B. Central Board of Excise and Customs

C. Central Board of Excise Duty

D. Central Government

Discuss this answer

SSI unit stands for

A. Small Sale Industries Unit

B. Small Scale Industrial Unit

C. Same Scale Industrial Unit

D. None of the above

Discuss this answer

Excise related records cannot be maintained on computer hard disks.

A. True

B. False

Discuss this answer

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

Discuss this answer

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

Discuss this answer

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

A. True

B. False

Discuss this answer

In a financial year, turnover of upto _________________ is exempted from payment of Central Excise duty.

A. Rs.50 lakhs

B. Rs.1 Crore

C. Rs.2 Crore

D. None of the above

Discuss this answer

Accepted Answer

A. 1994-95

The concept of service tax was introduced in India , in the year

Correct Answer :

Show all Indirect TAX MCQ

Related Questions

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

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

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

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

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.

In case of service tax all appeals , relating to matters of valuation & classification , against order of Tribunnal lies with the

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

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

In India service tax had been levied on the recomendation of

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

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

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

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

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

PLA stands for

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

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

There is no service tax on

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

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

The basic objective of service tax is

The concept of service tax was introduced in India , in the year

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

The Central Excise law is administered by

SSI unit stands for

Excise related records cannot be maintained on computer hard disks.

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

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

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

In a financial year, turnover of upto _________________ is exempted from payment of Central Excise duty.

Also checkout

The concept of service tax was introduced in India , in the year

Correct Answer :

Show all Indirect TAX MCQ

Related Questions

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

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

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

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

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.

In case of service tax all appeals , relating to matters of valuation & classification , against order of Tribunnal lies with the

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

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

In India service tax had been levied on the recomendation of

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

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

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

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

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

PLA stands for

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

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

There is no service tax on

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

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

The basic objective of service tax is

The concept of service tax was introduced in India , in the year

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

The Central Excise law is administered by

SSI unit stands for

Excise related records cannot be maintained on computer hard disks.

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

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

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

In a financial year, turnover of upto _________________ is exempted from payment of Central Excise duty.

Also checkout

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

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.

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