Central Excise Act(Direct And Indirect Taxation ) Questions and Answers

Question 1. central excise duty shall continue which of the following products
  1.    Furniture
  2.    Laptopc
  3.    High-speed diesel.
  4.    All
Explanation:-
Answer: Option C. -> High-speed diesel.


Question 2. out of the following which is not subsumed in GST
  1.    Electricity tax.
  2.    Basic custom duty
  3.    Toll tax
  4.    All
Explanation:-
Answer: Option D. -> All


Question 3. out of the following which tax is not subsumed under GST
  1.    Central excise duty
  2.    CST
  3.    State VAT
  4.    Stamp duty
Explanation:-
Answer: Option D. -> Stamp duty


Question 4. out of the following which is subsumed under GST
  1.    Service tax.
  2.    Central excise duty
  3.    Purchase tax
  4.    All
Explanation:-
Answer: Option D. -> All


Question 5. the items which will be taxable both under current central excise law and new GST even after the implementation of GST Act
  1.    Motor spirit
  2.    Alcoholic liquor for human consumption
  3.    Tobacco and tobacco products
  4.    Natural gas
Explanation:-
Answer: Option C. -> Tobacco and tobacco products


Question 6. out of the following which tax is now subsumed under GST
  1.    Service tax
  2.    CST
  3.    State VAT.
  4.    All
Explanation:-
Answer: Option D. -> All


Question 7. out of the following which are part of indirect taxes
  1.    GST
  2.    Custom
  3.    Excuse duty
  4.    All
Explanation:-
Answer: Option D. -> All


Question 8. GST is defined under
  1.    Sec.2 of CGST Act
  2.    Article 366(26A)
  3.    Article 366(12A).
  4.    None
Explanation:-
Answer: Option C. -> Article 366(12A).


Question 9. imports of goods into India shall be treated as interstate supply as per
  1.    Article 269A.
  2.    Article 246A
  3.    Explanation of Article 269A
  4.    Explanation of Article 246A
Explanation:-
Answer: Option C. -> Explanation of Article 269A


Question 10. GST introduced via
  1.    Entry no.97 of union list
  2.    Entry no.54 of concurrent list
  3.    Entry no.102 of concurrent list
  4.    Article 246A
Explanation:-
Answer: Option D. -> Article 246A


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