Chapter 1

Concept of Indirect Taxes

1.         Basis for Taxation 

2.         Direct Taxes and Indirect Taxes 

3.         Features of Indirect Taxes 

4.         Difference between Direct Taxes & Indirect Taxes 

5.         Disadvantages of Direct Taxes/Advantages of Indirect Taxes 

6.         Advantages of Direct Taxes/ Disadvantages of Indirect Taxes 

7.         Administration and Relevant Procedures 

8.         Sources and Authority of Taxes in India 

Multiple Choice Questions (MCQs) 

Chapter 2

Introduction to GST

1.         Genesis of GST in India 

2.         Power to tax GST (Constitutional Provisions) 

3.         Extent and Commencement

4.         Territories of India 

5.         Number of Legislations 

6.         What is GST (Goods and Service Tax)? 

7.         Benefits of GST  

8.         Definition of Good and Service Tax (GST) 

9.         Goods [Sec. 2(52) of CGST Act] 

10.      Services [Sec. 2(102) of CGST Act] 

11.      Money [Sec 2(75) of CGST Act] 

12.      Securities [Sec. 2(101)] 

13.      Conceptual Framework 

14.      Threshold Limit

15.      Exempt Supply [Sec. 2(47) of CGST Act] 

16.      Nil Rate of Tax 

17.      Power to Grant exemption from Tax u/s 11 of CGST Act & u/s 6 of IGST Act

18.      Non-Taxable Supply [Sec. 2(78) of CGST Act] 

19.      Rates of CGST/SGST and IGST  

20.      Taxes subsumed into GST  

21.      Taxes not subsumed into GST  

22.      Amendment in 7th Schedule of Constitution 

23.      Goods and Service Tax (Compensation to States) Act, 2017 

24.      Administration under GST  

25.      Input Credit Utilisation Matrix 

26.      Brief about GST Council

27.      Classification System under GST  

28.      India [Sec. 2(56) of CGST Act] 

29.      Person [Sec. 2(84) of CGST Act] 

30.      Taxable Person [Sec. 2(107) of CGST Act] 

31.      Aggregate Turnover 

32.      Business [Sec. 2(17) of CGST Act] 

33.      Consideration [Sec. 2(31) of CGST Act] 

34.      E-Commerce Operator [Sec. 2(45) of CGST Act] 

35.      Supplier [Sec. 2(105) of CGST Act] 

36.      Recipient [Sec. 2(93) of CGST Act] 

Multiple Choice Questions (MCQs) 

Chapter 3

Charge of GST

1.         Levy & Collection of CGST/IGST/SGST/UTGST [Sec. 9 of CGST Act] 

2.         Composition Scheme under GST [Sec. 10 of CGST Act] 

3.         Applicability [Sec. 10(1)] 

4.         Rates of Tax in case of Composition Levy for Goods 

5.         Composition Scheme for Services [Sec. 10(2A) of CGST Act] 

6.         Rates of Tax in case of composition levy for services 

7.         Who are NOT eligible to opt for composition scheme? [Section 10(2) and (2A)] 

8.         Switch from Composition to Regular Scheme 

Questions and Answers 

Multiple Choice Questions (MCQs) 

Chapter 4

Concept of Supply

1.         Taxable Event - Supply 

2.         Analysis 

3.         Schedule-I

4.         Taxability of Import of Services 

5.         Schedule-II

6.         Activities or Transactions which shall be treated neither as a supply of goods nor a supply services.

7.         Composite and Mixed Supplies [Sec. 8] 

8.         Analysis 

9.         Composite Supplies 

10.      How to determine the tax liability on composite supplies? 

11.      Printing Industry Issues 

12.      Food supplied to the Patients 

13.      Mixed Supplies 

14.      How to determine the tax liability on mixed supplies? 

15.      Buy One Get One Offer 

Question and Answers 

Multiple Choice Questions (MCQs) 

Chapter 5

Exemptions from GST

1.         Power to grant Exemptions [Sec. 11 of CGST Act] 

2.         Goods Exempt from Tax 

3.         List of Services Exempt from Tax 

4.         Agriculture related Services 

5.         Education Services 

6.         Health Care Services 

7.         Rent of rooms provided to in-patients 

8.         Services provided by senior doctors/consultants/technicians 

9.         Food supplied to the Patients 

10.      Services provided by Government

11.      Construction Services 

12.      Passenger Transportation Services 

13.      Goods Transportation Services 

14.      Banking and Financial Services 

15.      Life Insurance Business Services 

16.      Services provided by specified bodies 

17.      General Insurance Business Services 

18.      Pension Schemes 

19.      Business Facilitator/Correspondent

20.      Services provided to Government

21.      Leasing services 

22.      Legal Services 

23.      Sponsorship of Sports Events 

24.      Skill Development Services 

25.      Performance by an Artist

26.      Right to Admission to various Events 

27.      Services by an unincorporated body or a non- profit entity 

28.      Other Exempt Services 

29.      GST on payment of Honorarium to the Guest Anchors 

Questions and Answers 

Multiple Choice Questions (MCQs) 

Chapter 6

Place of Supply

1.         Location of Supplier of Goods 

2.         Location of Supplier of Services [Sec. 2(15) of IGST Act] 

3.         Place of Supply of Goods Other than Supply of Goods Imported Into, or Exported From India [S10] 

4.         Place of Supply of Services, where Location of Supplier of Service and the Location of the Recipieof Service is in India [Sec. 12] 

5.         Immovable property/ Boat/ Vessel located in more than one State/ Union territory 

Multiple Choice Questions (MCQs) 

Chapter 7

Time of Supply

1.         Issue of Invoice by Supplier of Goods [Sec. 31(1)] 

2.         Continuous Supply of Goods [Sec. 31(1)] 

3.         Goods Sent on Approval [Sec. 31(7)] 

4.         Supplier of services is required to issue a tax invoice [Sec. 31(2)] 

5.         Continuous supply of services [Sec. 31(5)] 

Questions and Answers 

Multiple Choice Questions (MCQs) 

Chapter 8

Value of Supply

1.         Summary 

Questions and Answers 

Multiple Choice Questions (MCQs) 

Chapter 9

Input Tax Credit

1.         Scheme of ITC - At a Glance 

2.         Input Tax [Sec. 2(62) of CGST Act] 

3.         Capital Goods [Sec. 2(19) of CGST Act] 

4.         Input [Sec. 2(59) of CGST Act] 

5.         Input Service [Sec. 2(60) of CGST Act] 

6.         Utilization of ITC 

7.         Eligibility and Conditions for taking Input Tax Credit [Sec. 16 of CGST Act] 

8.         Apportionment of Credit and Blocked Credit [Sec. 17] 

9.         Proportionate Credit

10.      Banking Company or financial institution including NBFC engaged in accepting deposits, extendiloans or advances 

11.      Restrictions on ITC [Sec. 17(5)] 

12.      Conditions of use of amount available in electronic credit ledger [Rule 86A] 

13.      Restrictions on the use of amount available in electronic credit ledger [Rule 86B] 

14.      Availability of Credit in special Circumstances [Sec. 18 & Rule 40] 

15.      Input tax credit on change in constitution of registered person [Rule 41] 

16.      When registered person switches over from regular scheme to composition scheme 

17.      Switching from regular to composition– Pay and Exit

18.      Rule 44 of the CGST Rules, 2017 – Manner of Reversal of ITC 

19.      Supply of capital goods or plant and machinery on which ITC has been taken [Section 18(6) rewith rule 40(2) & rule 44(6)] 

20.      Refractory bricks, moulds and dies, jigs and fixtures are supplied as scrap:

21.      Taking Input tax credit in respect of inputs and capital goods sent for job work 

22.      Transfer of credit on sale, merger, amalgamation, lease or transfer of a business [Rule 41] 

23.      Transfer of credit on obtaining separate registration for multiple places of business within a Staor Union Territory [Rule 41A] 

Questions and Answers 

Multiple Choice Questions (MCQs) 

Chapter 10

Registration

1.         Persons liable for Registration [Sec. 22] 

2.         Persons not liable for Registration [Sec. 23] 

3.         Compulsory Registration in certain cases [Sec. 24] 

4.         Procedure for Registration [Sections 25, 26 & 27] 

5.         Clarification on issues wherein the goods are moved within the State or from the State registration to another State for supply on approval basis 

6.         Amendment of Registration [Section 28] 

7.         Cancellation or Suspension of Registration and Revocation of Cancellation [Sec. 29 & 30] 

Questions and Answers 

Multiple Choice Questions (MCQs) 

Chapter 11

Tax Invoice, Credit and Debit Notes

1.         Types of Invoices 

2.         Tax Invoice [Sec. 31] 

3.         Facility of digital payment to recipient [Sec. 31A] 

4.         Prohibition of Unauthorized Collection of Tax [Sec. 32] 

5.         Amount of tax to be indicated in tax invoice and other documents [Sec. 33] 

6.         Particulars of a Tax Invoice [Sections 31(1) & (2) read with rule 46] 

7.         Manner of Issuing Invoice 

8.         Single Invoice-cum-Bill of Supply for taxable as well as exempted supplies made to an unregisterperson [Rule 46A of CGST Rules] 

9.         Credit and Debit Notes [Section 34] 

10.      E-invoicing 

11.      Advantages of e-Invoicing 

12.      Class of persons notified to mandatorily issue e-invoice 

13.      Exemption from e-Invoicing 

14.      Invoice Registration Portal (IRP) 

15.      Cancellation /amendment of reported invoice 

16.      Invoice Reference Number 

17.      Quick Response (QR) code 

18.      Dynamic QR code on B2C invoices 

Questions and Answers 

Multiple Choice Questions (MCQs) 

Chapter 12

Accounts and Records

1.         Accounts and Other Records 

2.         Accounts and other Records [Sec. 35] 

3.         Period of Retention of Accounts [Sec. 36] 

Questions and Answers 

Multiple Choice Questions (MCQs) 

Chapter 13

Electronic Way Bill

1.         E-Way Bill [Section 68 Read with Relevant CGST Rules, 2017] 

2.         Statutory requirement

3.         What is e-way bill? 

4.         What are the benefits of e-way bill? 

5.         Tax invoice or bill of supply to accompany transport of goods [Rule 55A] 

6.         Clarification regarding e-way bills 

Multiple Choice Questions (MCQs) 

Chapter 14

Payment of Tax

1.         Payment of Tax, Interest, Penalty and other Amounts [Sec. 49] 

2.         E-Ledgers/ Register 

3.         Payment of Tax, Interest, Penalty and Other Amounts [Section 49] 

4.         Payment by Challan 

5.         Order of discharge of Tax 

6.         Interest on Delayed Payment of Tax [Sec. 50] 

Questions and Answers 

Multiple Choice Questions (MCQs) 

Chapter 15

TDS & TCS

1.         Tax Deducted at Source [Sec. 51] 

2.         Tax Collected at Source [Sec. 52] 

Multiple Choice Questions (MCQs) 

Chapter 16

Returns

1.         List of Returns under GST  

2.         How are the details of outward supply furnished in prior periods amended? [Sec. 37(3)] 

3.         Outward Supplies – GSTR 1 

4.         Nil GSTR-1 [Rule 67A] 

5.         Rule 88C 

6.         Inward Supplies – GSTR-2A and GSTR-2B  

7.         Return of Tax Payment – GSTR 3B  

8.         Nil GSTR-3B  

9.         Rectification of errors/omissions [Section 39(9)] 

10.      Return for Composition Supplier – GSTR-4 

11.      Return for Non-Resident Taxable Person-GSTR-5 

12.      First Return [Sec. 40] 

13.      Annual Return – GSTR-9 & 9A  

14.      Final Return – GSTR-10 

15.      Details of inward supplies of persons having UIN – GSTR-11 

16.      Notice to Defaulter [Sec. 46] 

17.      Goods and Services Tax Practitioners [Sec. 48] 

Questions and Answers 

Multiple Choice Questions (MCQs)