There is no service tax on
sale of service
export of service
Both of the above
None of the above
Correct Answer :
B. export of service
Related Questions
The New ECC of a registered excise dealer having PAN IAVSG2356X is IAVSG2356X XD 001.
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
Service Tax is administered by
Central Excise Commissionerate
Service Tax Commissionerate
CBDT
None of the above
Form ST-3, in connection with Service Tax, is to be filed on half-yearly basis.
True
False
Service tax is payble on service even if provided is abrod
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
The registration certificate obtained from excise authorities is to be exhibited at the registered premises.
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
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
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
Excise Duty is payable at the time of completion of manufacture of goods.
True
False
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
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
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
There is a provision of remission of Excise duty in case of destruction of goods by natural causes only.
True
False
SSI units availing CENVAT can clear their goods upto Rs. 1 Crore @ ____________of tariff duty.
10%
25%
50%
60%
A 100% Export Eriented Undertaking is exempted from obtaining registration.
True
False
Service Tax is levied by the Central Government
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
The basic objective of service tax is
Broadening the tax base
Augmentation of Revenue
Larger participation of citizens in the economic development of the nation .
All of the above.
A person manufacturing excisable goods with "nil rate" of Excise Duty does not have to apply for registration.
True
False
Service tax is an example of
Direct Tax
Indirect Tax
Mixed Tax
None of the above
Service tax is administrated by
Central excise commissionerates
Service tax commissionerates
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
The taxable event under Central Excise law is
Manufacture of excisable goods
Sale of excisable goods
Removal of goods from factory
Whichever is later
STC stands for
Sales Tax Code
Service Tax Code
Service Transaction Code
Service Trader Code
In India service tax had been levied on the recomendation of
Tax Reforms Commitee
Ministry of Finance
CBDT
Revinue Minister
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
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