1. The option to update party GSTIN under GST reports in Tally ERP 9, cannot be updated for which of the following accounting groups?

2. Chiru traders received services from mathru services for which chiru traders is supposed to pay 1,00,000 against the professional services at 10% TDS rate. Find out the total payment made by chiru traders to mathru services.

3. In Tally ERP 9, GSTR-1 and GSTR-2 reports can be viewed table wise or as default triangulation, as per the user requirement.

4. Which of the following components is mandatorily required for Goods and services Tax registration?

5. The Goods supplied by the taxable person got damaged in the transit, for the return of the damaged goods which of the following document has to be issued by the supplier.

6. In Tally ERP 9, a _________ voucher needs to be issued by the supplier to record the decrease in taxable value and the GST charged in the original invoice.

7. Swathy service provided two services to manisha traders in a single bill. the nature of payments are ‘Payment to contractors’ and Advertising service’. the service amounts on payment to contractors and advertising service are 1,00,000 and 2,00,000 respectively. The tax rates for payment to contractors and advertising services are 10% and 1% respectively. Find out the total TDS/tax values.

8. In Tally ERP 9, a _________ voucher needs to be issued by the supplier to record the Increase in taxable value and the GST charged in the original invoice.

9. Under GST central and state taxes are applicable on import of goods or services.

10. The deductor who has two types of payment viz, Salary and payment to contractors, is required to take how many TAN registrations?

11. In case more then one place of business is specified in the Registration Certificate, the books and accounts Shall be maintained at each place of business at the respective places.

12. The provision for ‘Transactional Credit’ in Tally ERP 9 can be recorded in journal voucher using the flag ‘Opening Balance’.

13. GST rates for the stock item cannot be configured in Tax rate set up under inventory info.

14. Which of following taxes is applicable on Inter- state transaction?

15. Which of the following is not a GST rate finalized by GST council?

16. Shubhlaxmi Traders is Bihar based company registered with GST, the company made an outward supply to e commerce party in kerala, which of the following duties will be charged for this transaction?

17. Match the following:
1. Tax invoice
2. Bill of supply
3. Delivery Challan
4. Receipt voucher
A. Issued for the supply of taxable items.
B. Issued for the transportation of goods for job work.
C. Issued for the supply of exempted items.
D. Issued for advances paid by the recipient.

18. Transaction credit transaction under GST can be recorded in Tally.ERP.9 using a _________ voucher.

19. Aerated drinks will not be charged any additional cess under GST.

20. In which of the following voucher “Tax analysis” option will appear?

21. GST rates and Nature of Transactions cannot be overridden while passing the transactions.

22. In Tally ERP 9 , GST can be calculated on the MRP rates of the stock item.

23. Match for the following:
1. GST paid on interstate purchase
2. GST paid on intra state purchases
3. GSTR-1
4. GSTR-2
A. Central & State tax.
B. Integrated tax
C. Inward supplies
D. Outward supplies

24. Match the following.
1. Central Tax
2. State tax
3. Union territory tax
4. Integrated tax
A. Tax collected by union territory
B. Tax collected by state government
C. Tax collected by central Government
D. Tax collected shared by Centre and state government.

25. During transaction to GST, Input tax cannot be availed on Entry Tax.

26. Will supplies from the job- worker’s premises after completion of job work be considered for calculating the aggregate turnover of the job-worker under GST?

27. While calculating the tax on an intra-state supply valued at 1,000, both state tax and central tax have to be charged on the same transaction value.

28. GSTN stands for _________ .

29. While of the following are considered for calculating the aggregate turnover?

30. Shri hari Developers a taxable person supplies good for value of 10,00,000. the supplier gives a discount of 10,000 on the invoice. GST rate of 5% is applicable on the goods. What is the GST Charged in the invoice?

31. Match the right taxable event
1. Excise
2. TDS
3. TCS
4. GST
A. Tax Deducted on Expenses.
B. Manufacture of goods.
C. Supply of goods and services.
D. Tax collected on Incomes

32. After making the GST payment to the department, the bank details like mode of payment, name of bank, CPIN,CIN,BRN/UTR and payment date can be verified/ entered in _______ report in Tally.ERP.9.

33. GST paid to inter- branch transfer can be claimed as Input tax credit.

34. Which of the following features gives the details of assessable value and the tax amount of GST in the transaction level?

35. From which website can we download the application form to apply for the Tax deduction and collection account Number (TAN) number?

36. GST rates and Nature of Transactions cannot be overridden while passing the transactions.

37. In Tally.ERP.9, we need to record a separate journal voucher using stat adjustment to raise the liability and Input Tax Credit.

38. As per GST regime, a supply of service shall be an intrastate supply if the service provider and the service recipient are located in the same state.

39. Under Goods and Services Tax regime, Intrastate transaction attracts central tax and _______ .

40. To transfer the Input VAT credit to State Tax, what entry needs to be recorded in Tally ERP 9?

41. To record the exempt purchased in Tally ERP 9, the nature of transaction should be selected as __________ in Purchase Ledger a/c.

42. Under which group is TDS ledger account created in Tally ERP 9?

43. Select the correct match for the following:
1. Mandatory to furnish for TDS payment
2. Required for deducting TDS at actual rate
3. TDS Challan
4. TDS certificate
A. PAN
B. From 16A
C. ITNS 281
D. TAN

44. Transactions recorded in Tally ERP 9 on Exports LUS/Bond which is exempted from GST is captured in the form_______.

45. Not relevant for returns section under returns summary in GSTR-1 captures which of the following transactions in Tally ERP.9?

46. Dual GST is required because India is federal country where both centre and state has been assigned the powers to levy and collect taxes.

47. Transitional credit transaction under GST can be recorded in Tally ERP 9 using a _______ voucher.

48. Who issues the TDS certificate?

49. In case more than one place of business is specified in the registration certificate, the Books and Accounts shall be maintained at each place of business at the respective places.

50. In Tally ERP 9, Transactions for which exceptions have been resolved will be listed under _________ in GSTR-1 and GSTR-2.

51. In which of the following voucher “Tax analysis” option will appear?

52. If you are not sure about the registration type of your party while creating or altering the party master in Tally.ERP.9, you can select as _________ as the registration type.

53. In Tally ERP 9, which of the following fields in party creation is mandatory to calculate GST at transaction level?

54. In Tally.ERP.9, if GST@18% is configured in the stock Item and GST@12% is configured in the sales ledger a/c while recording the sales transaction what will be the rate at which GST gets calculated?

55. A graduate in commerce from an Indian university can become a tax return preparer.

56. In Tally.ERP.9, a __________ voucher needs to be issued by the supplier to record the increase in taxable value and the GST charged in the original invoice.

57. What do the 10th digit in tax deduction and collection Number (TAN) Number denote?

58. Bill of supply will be issued for which of the following cases?

59. Which of the following feature gives the details of assessable value and tax amount of GST in the transaction level?

60. Goods and Services Tax registration number starts with entity code.

61. In Tally ERP 9 company GSTIN number has to be provided in _________ .

62. I.M.K pharmaceuticals supplied goods intrastate worth 50,000 to Pacemaker pharmaceuticals with labour charges of 1,000. If the GST rate is 18%, what is the total GST charged in invoice adding the additional expenses?

63. Under GST regime , intrastate transaction attracts central tax and_______.

64. In Tally.ERP.9 company GSTIN number has to be provided in ______ ____.

65. The purchase return transaction recorded in debit note voucher in Tally ERP 9 will be listed in GSTR-1.

66. Maruti services received a bill from Guru Agencies for 3,03,000 towards Advertising Services. Find out the TDS amount (at 1%) On advertising services.

67. Transaction recorded in Tally.ERP.9 on cancellation of intrastate inward supplies of service with GST is captured in the form __________.

68. All dealers Registered with central or state tax authorities will be auto-migrated and allotted with a provisional certificate of GST registration.

69. On 15th april 2015, sri Manjunatha agencies purchased machinary for 5,00,000, To use this machinery they require civil structures, Pipelines connections, electric connection and fabrication work at the cost of 1,00,000. the TDS rate is 1%. Find out the total TDS/Tax value.

70. In Tally ERP 9, if GST@18% is configured in the stock Item, and GST@12% is configured in the sales ledger a/c while recording the sales transaction what will be the rate at which GST gets calculated?

71. Which of the following are considered for calculating the aggregate turnover?

72. In Tally.ERP.9, State- wise MRP rates has to be configured in which of following masters?

73. In which of the following voucher “Tax analysis” option will not appear?

74. Journal Vouchers with state adjustment can be recorded from GSTR 1 and GSTR 2

75. In Tally ERP 9, which of the following fields in party creation is mandatory to calculate GST at transaction level?

76. The Gitar Laboratories is a Punjab based company registered with GST, the company made an outward supply to an intrastate party in Punjab, which of the following duties will be charged for this transaction?

77. As per GST regime a supply of services shall be an intrastate supply if the service provider and the service recipient are located in the same state.

78. Under GST the Integrated tax collected is shared to ________ .