GST Laws & Practice Question Paper 2024, Dibrugarh University B.Com 6th Sem Hons CBCS Pattern

GST Laws & Practice Question Paper 2024
Dibrugarh University B.Com 6th Sem Hons CBCS Pattern

COMMERCE (Discipline Specific Core) Paper: C-614 (GST Law and Practice)

Full Marks: 80 Pass Marks: 32

Time: 3 hours

The figures in the margin indicate full marks for the questions.

1. (a) Write True or False: 1x4=4

i) Direct taxes do not affect prices of goods and services.

ii) Control on indirect taxes is relatively easy.

iii) GST paid on goods has to be reversed if the goods on which GST was paid are lost, stolen, or destroyed.

iv) Under IGST, the proceeds will be apportioned between the Union and the States.

(b) Fill in the blanks: 1x4=4

i) __________ tax shifts to another person and is ultimately borne by consumers.

ii) __________ taxes are paid after the income reaches the hands of taxpayers.

iii) Indian GST system is chosen from __________ country’s model.

iv) In GST, tax is payable on __________ basis, i.e., percentage of value of supply of goods or services.

2. Write short notes on any four of the following: 4x4=16

a) Composition scheme under GST

b) Credit and debit notes

c) Input tax credit

d) Dual model of GST

e) Cascading effect

3. (a) Explain briefly the history of indirect taxes in India. 3+7+4=14

Or

(b) Write the concept of GST. Explain its framework as introduced in India. 14

4. (a) What were the needs for GST in India? 3+6+5=14

Or

(b) (i) Write the benefits of GST in the Indian scenario. 7

ii) “GST is a destination-based tax.” Explain the statement.  7

5. (a) Write, in detail, about the power of GST officers relating to inspection, search, and seizure. 14

Or

(b) Explain the special provisions of constitutional aspects of GST in India. 14

6. (a) Write down the provisions for determining the time of supply of goods and services. 14

Or

(b) i) S. Ltd. Mumbai, a registered supplier, is manufacturing chocolates and biscuits. It provides the following details of taxable inter-State supply made by it for the month of October, 2020: Particulars are

List price of goods supplied inter-State ₹ 12,40,000

Items already adjusted in the price given in (i) above:

Subsidy from the Central Government for supply of biscuits to government school ₹ 1,20,000

Subsidy from trade association for supply of quality biscuits ₹ 30,000

Items not adjusted in the price given in (i) above:

Tax levied by municipal authority ₹ 24,000

Packing charges ₹ 12,000

Late fees paid by recipient of supply for delayed payment of invoice ₹ 5,000

Calculate the value of taxable supply made by S. Ltd. for the month of October, 2020. 7

(ii) Discuss the features of Tax Invoice. 7

Also Read: GST Law and Practice Question Paper (Dibrugarh Univeristy)

GST Laws & Practice Question Paper 2022

GST Laws & Practice Question Paper 2023

GST Laws & Practice Question Paper 2024

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