Gauhati University Question Papers: Indirect Taxation (May-June'2018)

The figures in the margin indicate full marks for the questions

1. Answer the following questions as directed:                                                 1x10=10
a)         Who is considered as the architect of Indirect Tax reform in India?
b)         Where and when GST was first implemented?
c)          Indian is the first country in the world to introduce dual GST. Write true or false.
d)         GST is a _______ based tax on consumption of goods and services.
e)         What is “Debit note”?
f)          Can an unregistered person issue a tax invoice?
g)         Write down the full form of GSTIN.
h)         GST threshold limit for registration of North Eastern States is _______.
i)           The authority to modify the GST rates on goods and services lies with the GST Council. Write true or false.
j)           What is a composite supply under GST Act?
2. Answer the following questions in brief:                                        2x5=10

a)         What is consumption type of VAT?
b)         Mention two commodities that are kept outside the scope of GST.
c)          When a “Bill of Supply” can be issued?
d)         Mention the persons who are not liable for GST registration.
e)         What are zero rated supplies under GST Act?
3. Describe briefly any four of the following:                                     5x4=20
a)         Explain briefly the main features of VAT.
b)         What are the roles of GST Council?
c)          What is tax invoice? When should a tax invoice be issued for supply of goods?
d)         What are the differences between Casual Taxable Person and Non-resident Taxable Person?
e)         Write short note on “E-WAY Bill”.
f)          What is Aggregate turnover? Mention the items that are not considered while calculating Aggregate turnover.
4. Mention the main features of GST. Explain the benefits likely to accrue to all stakeholders because of introduction of GST in India.                                                                4+6=10
Discuss the procedure for obtaining registration under GST Act.
5. Explain with hypothetical examples how dual GST Model work while calculating CGST, SGST, UGST and IGST.  21/2x4=10
Write short notes on the following as per GST Act.                                           21/2x4=10
a)         Business vertical.
b)         Capital goods.
c)          Adjudicating authority.
d)         Place of business.
6. What is Input Tax credit? Explain the conditions and documents required for claiming Input Tax credit.         2+4+4=10
Mention the provisions of the AGST Act, 2017 relating to apportionment of credit and blocked credit.     5+5=10
7. Give the meaning of assessment. Mention the various types of assessment under the AGST Act, 2017.             2+8=10
Mention different rates structure of GST. Explain the activities to be treated as supply of goods or supply of services. 4+6=10

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