MCQ On Filing Of Service Tax Return

9 Questions | Total Attempts: 39

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MCQ On Filing Of Service Tax Return

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Questions and Answers
  • 1. 
    M/s. Creating Engineers, a partnership firm is providing 3 different services. They want to know from you, whether separate returns to be filed for each service?
    • A. 

      Yes

    • B. 

      No

  • 2. 
    M/s. Creating Engineers, a partnership firm is providing 3 different services. They want to know from you, whether separate returns to be filed for each service?
    • A. 

      Yes

    • B. 

      No

  • 3. 
    M/s Hurry Enterprises has filed service tax return for Oct to March 2015 on 16th April 2015. After filing the return, they have realized that there was a mistake in the information provided in the original return. Can they rectify it now and if so by when they can do so?
    • A. 

      16th July 2015

    • B. 

      16th June 2015

    • C. 

      25th April 2015

    • D. 

      Can't be revised

  • 4. 
    M/s Craft work has collected service tax of Rs.58,000 during February 2015, but registered in the month of April 2015. If they approach you to file service tax return for Oct to March 2015 period, what would be your suggestion?
    • A. 

      Pay the taxes

    • B. 

      Pay the taxes and file the return

    • C. 

      Pay the taxes but don't file the return

    • D. 

      Don't pay the taxes

  • 5. 
    M/s Manual Web, having a turnover of Rs.12 Lakhs for the period Oct – March 2015 is ready to file half yearly return, but he wants to file it manually, by submitting the forms to the department. Can he do so?
    • A. 

      Yes

    • B. 

      No

  • 6. 
    M/s Last Bench, a partnership firm has failed to file service tax return for the period April to September 2014.Now he wants to file the return along with the return for the period Oct to March 2015. Should he pay the penalty for late filing? If so, how much
    • A. 

      Not required to pay any penalty

    • B. 

      Rs.1000

    • C. 

      Rs.1000 plus Rs.100 per day

  • 7. 
    M/s Extra Cautious, a firm wants to know for how many years he has to preserve the returns and records.
    • A. 

      5 years

    • B. 

      6 years

    • C. 

      8 years

  • 8. 
    M/s Heavy Machinery, a SSI firm has purchased an equipment worth Rs.20 Lakhs by paying Rs.2.4 Lakhs as Excise duty in the month of March 2015. They wants to know whether Excise duty of Rs.2.4 lakhs be utilized as Cenvat Credit while paying service tax?
    • A. 

      Yes

    • B. 

      No

  • 9. 
    Here is a client of M/s. Confused Enterprises, not willing to pay the service tax amount. Out of the total bill value of rs.112360, the client has paid Rs.1 Lakh as full and final settlement. Now that the client has not paid service tax, should the firm still pay it to the government?
    • A. 

      Yes

    • B. 

      No

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