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TAX LAW | CHAPTER 13: RETURNS | MCQ

CHAPTER 13: RETURNS

1) The details of outward supplies of goods

or services shall be submitted by –

a) 10th of the succeeding month

b) 18th of the succeeding month

c) 15th of the succeeding month.

d) 20th of the succeeding month.

2) Which form is furnished for submission

of details of outward supplies u/s. 37?

a) GSTR-1

b) GSTR-2

c) GSTR-3

d) GSTR-5

3) Who is required to furnish details of

outward supplies in Form GSTR-1 ?

a) Person paying tax under composition

scheme

b) Non – resident taxable person

c) Both a) & b)

d) None of the above.

4) Details of outward supplies shall include –

a) Invoice

b) Credit and Debit notes

c) Revised invoice issued in relation to

outward supplies

d) All the above.

5) The normal permissible Time Period to

upload the statement of outward supply

will be :

a) From 01st to 10th of the Next Month

b) From 11th to 15th of the Next Month

c) From 20th to 25th of the Next month

d) From 11th to 20th of the Next Month.

6) The registered person shall not be

allowed to furnish the details of outward

supplies during the period

___________________ day of the

month succeeding the tax period.

a) From 01st to 10th of the Next Month

b) From 11th to 15th of the Next Month

c) From 15th to 20th of the Next month

d) From 11th to 20th of the Next Month.

7) Any registered taxable person who fails

to furnish the details and file the return

within the due date prescribed shall be

liable to –

a) Interest at the rate of 1% per month

b) Late fee of Rs. 100 for every day upto Rs.

5,000

c) Both a) and b)

d) None of the above.

8) The date by which the GSTIN will auto

populate the statement of inward supplies

based details of outward supply at the

end of the recipient of the supplies?

a) On 11th of the Next Month

b) On 15th of the Next Month

c) On 17th of the Next Month

d) On 20th of the Next Month

9) Every tax payer paying tax under section

10 (Composition levy) shall file the return

a) By 18th of the month succeeding the

quarter

b) By 18th of the month succeeding the

month

c) By 10th of the succeeding month

d) By 20th of the month succeeding the

quarter.

10) Composition tax payer is required to file

return in Form No.

__________________.

a) GSTR-2

b) GSTR-3

c) GSTR-4

d) GSTR-5

11) Every registered person, after

discharging his liability towards tax,

interest, penalty, fees or any other

amount payable, shall include the details

in

a) Form GSTR-3B

b) Part A of Form GSTR-3

c) Part B of Form GSTR-3

d) Form GSTR – 1

12) A registered person may claim refund of

any balance in the electronic cash ledger

in

a) Form GSTR – 1

b) Form GSTR-3B

c) Part A of Form GSTR-3

d) Part B of Form GSTR-3

13) What shall a registered person do if he

opted composition scheme from normal

from beginning of financial year?

a) Furnish additional return

b) Furnish quarterly return

c) Provide such notice

d) None of the above

14) A person providing OIDAR services shall

file return ____________________ in

FORM ____________________

a) On or before 20th day of the next month,

FORM GSTR-6A

b) On or before 10th day of the next month,

FORM GSTR-2A

c) On or before 20th day of the next month,

FORM GSTR-5A

d) On or before 15th day of the next month,

FORM GSTR-3B

15) Details of inward supplies received by an

ISD shall be reflected in:

a) Part A of Form GSTR-2A

b) Part B of Form GSTR-2A

c) Form GSTR-4A

d) Form GSTR-6A

16) The details furnished by a person

required to deduct tax at source shall be

made available electronically to each of

the suppliers in

_________________________

a) Part B of FORM GSTR-2A & GSTR-4A

b) Part C of FORM GSTR-2A & GSTR-4A

c) Part A of FORM GSTR-3B & GSTR-2A

d) Part B of FORM GSTR-1 & GSTR-4A

17) Every registered taxable person who has

made outward supplies in the period

between the date on which he became

liable to registration till the date on

which registration has been granted shall

declare the same in the

a) first return filed by him after grant of

registration

b) first two returns filed by him after grant

of registration

c) FORM GSTR – 7

d) FORM GSTR – 11

18) Due date of Annual return is –

a) 20th December following the close of

financial year

b) 31 st January following the close of

financial year

c) 31st December following the close of

financial year

d) 31 st March following the close of

financial year

19) Annual Return by taxable persons paying

tax under composition scheme shall be

furnished in

a) Form GSTR- 9

b) Form GSTR-9A

c) Form GSTR-9C

d) Form GSTR – 10

20) Annual Return by taxable persons paying

tax under normal scheme shall be

furnished in

a) Form GSTR- 9

b) Form GSTR-9A

c) Form GSTR-9C

d) Form GSTR – 10

21) Every e-commerce operator required to

collect tax at source under section 52 of

CGST Act shall furnish annual statement

in ________________________

a) Form GSTR-8

b) Form GSTR-9A

c) Form GSTR-9B

d) Form GSTR-9C

22) The due date of filing Final Return is

_____________________?

a) 20th of the next month

b) 18th of the month succeeding the quarter

c) Within three months of the date of

cancellation or date of order of

cancellation, whichever is later.

d) 31st December of next financial year.

23) Final Return shall be furnished in

a) Form GSTR- 8

b) Form GSTR-9

c) Form GSTR-10

d) Form GSTR-11

24) If a registered taxable person fails to

furnish a return under section 39, 44, or

45, a notice shall be issued requiring him

to furnish such return within 15 days in

a) FORM GSTR – 1

b) FORM GSTR-2

c) FORM GSTR-3

d) FORM GSTR-3A

25) Any registered person who fails to

furnish the return required under section

44 by the due date shall be liable to pay?

a) A late fee of Rs. 100 for every day during

which such failure continues subject to a

maximum of an amount calculated at

0.25% of his turnover in the State or

Union territory.

b) A late fee of Rs. 200 for every day

during which such failure continues

subject to a maximum of an amount

calculated at 0.25% of his turnover in the

State or Union territory.

c) A late fee of Rs. 100 for every day during

which such failure continues subject to a

maximum of an amount calculated at 0.5%

of his turnover in the State or Union

territory.

d) A late fee of Rs. 200 for every day

during which such failure continues

subject to a maximum of an amount

calculated at 0.5% of his turnover in the

State or Union territory.

26) A goods and service tax practitioner can

undertake the following activities if

authorized by the taxable person –

a) Furnish details inward and outward

supplies

b) Furnish monthly / quarterly return

c) Furnish Annual and Final return

d) All of the above.

27) The GST practitioner shall

____________________________

a) Prepare the statements with due

deligence

b) Affix his digital signature on the

statements prepared by him or

electronically verify using his credentials

c) Both (a) & (b)

d) None of the above

28) Return is _____________________ for

taxable persons with turnover exceeding

Rs. 1.50 crores and

____________________ for taxable

persons with turnover upto Rs. 1.50

crores.

a) monthly, annually

b) quarterly, monthly

c) monthly, quarterly

d) annually, monthly

29) The special feature of

___________________ is that the

details of supplies received by a recipient

can be auto populated on the basis of the

details furnished by the counterparty

supplier in his GSTR-1

a) GSTR-1 A

b) GSTR-3B

c) GSTR-2A

d) GSTR-4

30) Rectification of mistake in returns is not

allowed after the –

a) due date for filing of return for the

month of September following the end of

the financial year

b) actual date of filing of relevant annual

return

c) (a) or (b), whichever is earlier

d) (a) or (b), whichever is later

31) What are the exceptions to the rule that

GSTR-1 cannot be furnished before the

end of tax period ?

a) Casual taxpayers after closure of their

business

b) Cancellation of GSTIN of normal

taxpayer

c) Input service distributor

d) Both (a) & (b)

32) Every registered taxable person required

to deduct tax at source u/s 51 shall file

_____________________ return within

_____________________

a) Quarterly, 15 days after the end of such

quarter

b) Monthly, 10 days after the end of such

month

c) Quarterly, 20 days after the end of such

quarter

d) Monthly, 18 days after the end of such

month

33) Every taxable person registered as an

Input Service Distributor shall file

__________________ return within

_____________________

a) Quarterly, 15 days after the end of such

quarter

b) Monthly, 10 days after the end of such

month

c) Quarterly, 20 days after the end of such

quarter

d) Monthly, 13 days after the end of such

month

34) Every non-resident taxable person shall

file _______________ return upto

________________

a) 20th day of next month

b) 7

th day after last date of validity period

of registration

c) Earlier of (a) & (b)

d) Any of (a) & (b)

35) True or false: Nil annual return is

required to be filed even if there is no

turnover in the financial year.

a) True

b) False

c) At the option of proper officer

d) None of the above

36) A registered person shall not be allowed

to furnish a return for a tax period if –

a) The return for any of the previous tax

periods has not been furnished by him

b) The amount of tax for the period is not

fully paid

c) (a) and (b) both

d) (a) or (b)

37) Form GSTR-2 contains the details of

__________________

a) Outward supplies

b) Inward supplies

c) Consolidated supplies

d) Tax payable.

38) Regular tax payer is required to file

return in Form No.

___________________.

a) GSTR-2

b) GSTR-1

c) GSTR-3

d) GSTR-2A

39) Any person who is liable to deduct tax u/s

51 is required to file return in Form no

________________

a) GSTR-2A

b) GSTR-7

c) GSTR-6

d) GSTR-5A

40) Input service distributor is liable to file

return in Form no

_____________________

a) GSTR-6

b) GSTR-7

c) GSTR-3

d) GSTR-5A

41) Every non-resident taxable person is

required to file return in Form no

__________________

a) GSTR-4

b) GSTR-7

c) GSTR-6

d) GSTR-5

42) Every taxable person has to summarized

the details of outward and inward supply

in Form no _____________________

a) GSTR-3A

b) GSTR-3B

c) GSTR-2A

d) GSTR-5A

43) Where the amount of ITC in FORM

GSTR-3 exceeds the amount of ITC in

FORM GSTR-3B, the additional amount

shall be ___________________

a) Credited to electronic credit ledger of

the registered person

b) Credited to electronic cash ledger of the

registered person

c) Debited to electronic credit ledger of

the registered person

d) Debited to electronic cash ledger of the

registered person

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