Download "Goods and Service Tax" Question Paper of B. Com. (Bachelor of Commerce) 3rd Semester Previous Years for Students.

B. Com. (Bachelor of Commerce)
3rd Semester
Goods and Service Tax

BCM-306

Time allowed: 3 Hours][Max. Marks: 80

NOTE: Attempt four short answer type questions from Section A. Attempt two questions each from Section B and C respectively.

 

Section - A

I. Attempt any four of the following:-

a) Discuss the provisions relating to time of supply of goods that are taxable under reverse charge?

b) Why GST is not suitable in India.

c) Write a note on Credit and Debit note.

d) Explain valuation rules under GST.

e) What kind of penalties may be imposed as per GST Act?

f) Explain GST council structure.

Section - B

II. Who are liable for Registration under GST? Explain in detail Procedure of registration.

III. What kind of the powers are granted to officials as per GST Act? Explains rules of appointment of officers at different levels.

IV. How GST is better than previous tax system? Explain in detail the latest development in GST.

V. Explain with example Invoice. Tax Invoice and Bill of Supply.

Section - C

VI. Explain the norms of supplies in course of interstate and intra state trade.

VII. Explain various exemptions from GST. How returns and payments are adjusted under GST?

VIII. How to calculate taxable value and tax liability? Explain with suitable example. IX. Discuss in detail various offences and penalties in GST. Explain the norms of levy and collection of IGST.