1. 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
2. An event management company charged Rs.50,000 from his client for the services rendered by him. The amount of Service Tax
(including education cess) to be levied is
A. Rs.4,000
B. Rs.5,000
C. Rs.6,000
D. Rs.5,100
5. 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
7. Total number of services brought under Service Tax net through Finance Act, 2005 is 10.
A. True
B. False
8. In relation to Excise Duty, under Physical Control System, goods can be removed on any day, at any time.
A. True
B. False
9. The New ECC of a registered excise dealer having PAN IAVSG2356X is IAVSG2356X XD 001.
A. True
B. False
10. Input credit of Service Tax can be availed only if the final service is of the same category as that of the input service.
A. True
B. False
11. A manufacturer may be exempted from payment of excise duty if he proves that the goods are unfit for consumption.
A. True
B. False
13. 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
14. 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
15. SSI units availing CENVAT can clear their goods upto Rs. 1 Crore @ ____________of tariff duty.
A. 10%
B. 25%
C. 50%
D. 60%
16. 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
19. 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
22. In relation to Excise Duty, fresh application for registration has to be made for an already registered concern, in case of
A. Death of a director of a limited company
B. Death of a partner of a partnership firm
C. Death of an individual manufacturer
D. Both (b) and (c)
24. A person manufacturing excisable goods with "nil rate" of Excise Duty does not have to apply for registration.
A. True
B. False
25. 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
28. Form ST-3, in connection with Service Tax, is to be filed on half-yearly basis.
A. True
B. False
29. In relation to central Excise, under Physical Control System, goods can be removed on any day, at any time.
A. True
B. False
30. 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
32. The time limit for sending back manufactured goods by job-worker to the principal manufacturer is ______________ days.
A. 6 Months
B. 180 Days
C. 1 Year
D. None of the above
34. A SSI unit opting for non-CENVAT facility has to pay duty after crossing turnover of ____________ at full rate of tariff duty.
A. Rs.1 Crore
B. Rs. 50,000
C. Rs.25,000
D. Rs.5,000
37. 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.
41. In case of centralised billing system only one application is required in respect of all the premises for registration under
service tax.
A. True
B. False
44. In case of excise dutty the duplicate copy of invoice is for the
A. Buyer
B. Transporter
C. Assessce
D. None of the above
45. There is a provision of remission of Excise duty in case of destruction of goods by natural causes only.
A. True
B. False
46. 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
48. The Registration Certificate is issued within _______________________ days of receipt of application at the Excise Office.
A. 5
B. 7
C. 15
D. 30
49. 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
Answer Sheet
1. A
2. D
3. A
4. B
5. D
7. B
8. B
9. A
10. B
11. A
12. A
13. B
14. A
15. D
16. B
17. A
18. B
19. A
20. B
21. D
22. C
23. A
24. A
25. B
26. B
27. B
28. A
29. B
30. B
31. A
32. B
33. C
34. A
35. A
36. D
37. A
39. B
40. A
41. A
42. B
43. A
44. B
45. B
46. B
47. B
48. B
49. D
50. A