CA Inter Knowledge Portal

The answer to above MCQ is (D)... This is a very nice question since it involves 2 different chapters. Firstly as per section 15, excise duty and freight would be added to value of goods. Secondly, the definition of aggregate turnover makes it clear that any inward supplies subject to RCM would not be covered under aggregate turnover.

Would post the answer with reasoning in evening

I knew many students would make the mistake and around 42% students actually made that mistake. Thats the thing to take care of. Read the question carefully, think abt all possible.sections that can apply and then answer. If u jump to conclusions, examiner would trap u

The correct answer is (D) - No.need for registratiom Many students opted for (c) just by reading the word ECO. But the thing was that assessee was providing 'services' through ECO and not goods. In case of services not covered by 9(5) we have an exemption under sec 23. So sec 24 read with that exemption makes registration requirement only if Aggregate turnover exceeds 20L/10L. Accordingly no registration required.

Would share the answer 2moro morning.

So heres the first MCQ from GST

Well, apart from these MCQs m also going to keep posting some MCQs here. These wont b ICAI questions for CA Inter but similar ones can be asked. U have to answer it here and after few hours i wl share the answer plus reasoning as well

Hope u would have started going through the MCQs shared. These are selected MCQs that have been compiled after a lot of effort...so pls do attempt them. M assuring you this would help u a lot

Hey guys wassup

Hey everyone.... Sharing a 50 page booklet on MCQs of Taxation...this is basically a compilation of all ICAI questions asked till now...covers arnd 250 questions from.RTPs, MTPs, ques on website etc.... Once u cover these 250 ques, u can be assured that you will get similar kind of questions in exam Any doubt etc...feel free to msg

If ur revision plan allows u 3 hours then do attempt this question paper

Icai Mock test paper of Taxation for Nov 2019

GST revision lecture on Exemptions and Reverse charge uploaded. Most relevant chapter of GST syllabus