Home

Indirect TAX MCQ Question with Answer

Indirect TAX MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

Download Indirect TAX MCQ Question Answer PDF

Question No : 15
SSI units availing CENVAT can clear their goods upto Rs. 1 Crore @ ____________of tariff duty.

10%
25%
50%
60%

Question No : 16
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

Question No : 17
Service Tax is administered by

Central Excise Commissionerate
Service Tax Commissionerate
CBDT
None of the above

Question No : 18
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

Question No : 19
In case the factories of a manufacturer, covered by Central Excise law, falls under different Commissionerates, New ECC will be issued by

Director General of Inspection
Commissionerate Headquarter
Deputy Commissioner
None of the above

Question No : 20
STC stands for

Sales Tax Code
Service Tax Code
Service Transaction Code
Service Trader Code

Question No : 21
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