GST Law and Practice Important Questions (Subject to Modification)

GST Important Question B. Com 6th Sem

Dibrugarh University Important Questions

(Also Useful for Gauhati University and Assam University)

Unit 1

  1. What is tax? Explain its objectvies and essential features.
  2. What are various types of taxes? Distinguish between direct and indirect taxes.
  3. What are indirect taxes? Mention its features? Mention the advantages and disadvantages of indirect taxes.
  4. What are direct taxes? Mention the advantages and disadvantages of direct taxes.
  5. Write a brief note on history of indirect taxes in India.
  6. Write a brief note on various types of indirect taxes presently leviable in India.

Unit 2

  1. What is GST? What are its features,
  2. Explain the need and Importance of GST in India.
  3. Explain the benefits of GST for a) Business & Industry, b) Central and State Government, c) Consumers.
  4. What are the challenges faced by government in implementing GST.
  5. Write a brief note on Framework of GST as introduced in India.
  6. Explain the evolution of GST in India.
  7. Which taxes have been subsumed by GST?

Unit 3

  1. What is supplies under GST Act? What are its various types?
  2. Mention the scope of supply under GST law. What are the activities to be treated as supply of goods or supply of services?
  3. Mention the activities to be treated as supply even if made without consideration under GST law.
  4. Mention the time of supply of goods and supply of services under GST law.
  5. What is Composition scheme? List out the rules and restriction for composition levy.
  6. What is composition levy under GST? Mention the eligibility category for opting composition levy. Mention the person who are not eligible for composition scheme under the GST law.
  7. What is Aggregate turnover? Mention the items that are included and not included while calculating Aggregate turnover.
  8. Write a brief note on rate structure of GST Act? List out various goods and services exempted from GST.

Unit 4

  1. Mention the persons who are liable and exempted for registration under the GST Act. What are the advantages of taking registration under GST Act?
  2. Discuss the procedure for obtaining registration under GTS Act.
  3. Discuss the provisions under GST Act for amendment of registration and cancellation of registration.
  4. What is Input Tax Credit? What are the documents required for claiming Input Tax Credit?
  5. What is the eligibility for claiming Input Tax Credit? Explain the conditions for claiming Input Tax Credit.
  6. What is tax invoice and bill of supply? What are their contents?
  7. Explain debit note and credit notes. What are its contents?
  8. When should a tax invoice be issued for supply of goods? Mention the provisions of the GST Act relating to availability of credit in special circumstances.
  9. What is e-way bill? When should an e-way bill be generated? Mention the cases when generation of e-way bill is not required?
  10. Explain in detail various returns to be filled under GST Act.
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