Quiz Contest - 6 (Service Tax)
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IF PAYMENT IS MADE ELECTRONICALLY THEN WHAT IS DUE DATE?
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6th ON THE PLACE OF 5th
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5th ON THE PLACE OF 6th
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NONE OF THESE
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- 2.
THE SERVICE TAX ON THE AMOUNT RECEIVED DURING MARCH, OR THE QUARTER ENDING IN MARCH, SHALL BE PAID BY THE .................
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31st MARCH
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1 APRIL
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31st APRIL
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NONE OF THESE
Correct Answer
A. 31st MARCH -
- 3.
WHICH OF THE FOLLOWING SERVICES ARE COVERED UNDER REVERSE CHARGE?
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SERVICE RECEIVED IN INDIA FROM A PLACE OR PERSON OUTSIDE INDIA
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INSURANCE AUXILIARIES AND MUTUAL FUND SERVICES
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TRANSPORT OF GOODS BY ROAD (GOODS TRANSPORT AGENCY)
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SPONSORSHIP SERVICES
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ALL OF THE ABOVE
Correct Answer
A. ALL OF THE ABOVE -
- 4.
WHAT IS REVERSE CHARGE?
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WHEN TAX IS REFUNDED TO THE PAYER OF SERVICE TAX.
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WHEN SERVICE PROVIDER IS LIABLE TO PAY SERVICE TAX.
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WHEN SERVICE RECEIVER IS LIABLE TO PAY SERVICE TAX.
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NONE OF THESE
Correct Answer
A. WHEN SERVICE RECEIVER IS LIABLE TO PAY SERVICE TAX. -
- 5.
IF THE PAYMENT IS MADE OTHER THAN INDIVIDUAL AND FIRM THEN WHAT IS THE DUE DATE FOR PAYMENT OF SERVICE TAX?
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5th OF THE MONTH FOLLOWING THE CALENDER MONTH IN WHICH THE PAYMENT IS RECEIVED
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5th OF THE MONTH FOLLOWING THE QUARTER IN WHICH THE PAYMENT IS RECEIVED
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6th OF THE MONTH FOLLOWING THE CALENDER MONTH IN WHICH THE PAYMENT IS RECEIVED
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NONE OF THESE
Correct Answer
A. 5th OF THE MONTH FOLLOWING THE CALENDER MONTH IN WHICH THE PAYMENT IS RECEIVED -
- 6.
IN CASE OF AN INDIVIDUAL OR PARTNERSHIP FIRM, THE SERVICE TAX SHALL BE PAID BY THE .........., OF THE MONTH FOLLOWING THE ................ , IN WHICH PAYMENT IS RECEIVED.
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5th , QUARTER
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6th QUARTER
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5th, MONTH
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6th, MONTH
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NONE OF THESE
Correct Answer
A. 5th , QUARTER -
- 7.
WHO IS LIABLE TO DEPOSIT SERVICE TAX THROUGH INTERNET BANKING?
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THE ASSESSEE, WHO HAS PAID SERVICE TAX OF Rs. 50 LAKH OR ABOVE IN THE PRECEDING FINANCIAL YEAR
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THE ASSESSEE, WHO HAS ALREADY PAID SERVICE TAX OF Rs. 50 LAKH OR ABOVE IN THE CURRENT FINANCIAL YEAR
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IF ASSESSEE SATISFY ANY ONE OF THE ABOVE TWO OR BOTH
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NONE OF THESE
Correct Answer
A. IF ASSESSEE SATISFY ANY ONE OF THE ABOVE TWO OR BOTH -
- 8.
THE AMOUNT OF SERVICE TAX IS CALCULATED ON THE BASIS OF VALUE DETERMINED UNDER SECTION .........., OF THE ACT.
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65
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67
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68
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69
Correct Answer
A. 67 -
- 9.
SECTION 68 SPEAKS:-
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1. EVERY PERSON PROVIDING TAXABLE SERVICE IS LIABLE TO PAY SERVICE TAX. 2. REVERSE CHARGE
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1. EVERY PERSON RECEIVING TAXABLE SERVICE IS LIABLE TO PAY SERVICE TAX. 2.REVERSE CHARGE
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NONE OF THESE
Correct Answer
A. 1. EVERY PERSON PROVIDING TAXABLE SERVICE IS LIABLE TO PAY SERVICE TAX. 2. REVERSE CHARGE -
- 10.
SECTION .................... , OF THE FINANCE ACT, 1994 IMPOSES SERVICES TAX ON SERVICES SPECIFIED UNDER THE SUB-CLAUSES OF SECTION 65(105)
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63
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64
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65
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66
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67
Correct Answer
A. 66 -
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Current Version
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Mar 22, 2022Quiz Edited by
ProProfs Editorial Team -
Mar 11, 2010Quiz Created by
Rajasahab