MCQ Challenge On Export Of Services Under GST
Take our MCQ challenge to test your knowledge on export of services under GST. Test your knowledge and stay informed to make better financial decision.
Take our MCQ challenge to test your knowledge on export of services under GST. Test your knowledge and stay informed to make better financial decision.
Dear Professional Seniors & Friends,
Warm Greeting!
Here is the Next post of top tax consultant in Gurgaon on concept based practical professional knowledge on Export of Services under GST in a unique manner to be self answered by participants. The detailed answer of these MCQs shall be posted next day for the self assessment of the participants.
MCQ 83.1: Mr.. X was Facilitating Recruitment of Students to a foreign university and Mr X was paid commission in foreign currency based on the performance in recruiting students. Le a percentage of total fees collected by University from the students. Which of the following statement is true?
A. GST is not leviable since it is export of Services and thus zero rated supply.
B. GST is leviable on Services provided by Mr. X
C. It is deemed Export.
D. None of the Above.
MCQ 83.2: What If in the above Question Mr. X was collecting charges from Students abroad in Indian currency directly instead getting a commission from Universities for recruiting them to Indian universities?
A. GST is not leviable since it is export of Services and thus zero rated supply.
B. GST is leviable on Services provided by Mr. X
C. It is deemed Export.
D. None of the Above
This post of MCQ is on provisions relating to Export of Goods/ Services under GST
B) GST is leviable on Services provided by Mr. X.
Based on the above analysis. Correct answer to MCQ 80.1 B) GST is leviable on Services provided by Mrx
B) GST is leviable on Services provided by Mr. X
In this question, Mr. X is charging money directly from students so will not be an intermediary of foreign universities. Hence place of supply shall be the place of students which is outside India.
But in this case money is received in Indian currency so other condition for treating it as exports do not qualify.
Based on the above analysis. Correct answer to MCQ 83.2: B)GST Is leviable on Services provided by Mr. X.
(Disclaimer: The objective of the MCO post is just to discuss the concept it may happen by change of facts, the answer may be different, Please do not treat this as professional opinion: you can definitely have your own opinion.)
Sincere Regards!
CA Sanjay Kumar Agrawal
Mobile: 9810116321
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