
Dear Professional Seniors & Friends,
Warm Greetings!
Here is the Next post of #MCQ on concept based practical professional knowledge on confiscation of goods or conveyance under GST Act 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 57.1: Where the person in charge of the conveyance fails to produce any prescribed document and discrepancies are found at the time of inspection by proper officer under GST, which of the following statement is correct in relation to confiscation of goods or conveyance?
A)Confiscation can be done on non payment of tax and penalty payable within seven days from the date of order of detention.
B) Confiscation can be done directly If proper officer is of the opinion that such movement of goods is being effected to evade payment of tax.
C) Confiscation can be done only after providing opportunity of being heard.
D) All of the above.
MCQ 57.2: A conveyance carrying 50 consignments is intercepted and the person in charge of such conveyance produces valid e-way bills for 30 consignments, invalid e-way bills for 15 consignments and nothing for 5 consignments? Confiscation can be made with respect to
A) 5 consignments for which no documents are available.
B) 20 consignments for invalid eway bills and for which no documents are available.
C) Whole 50 consignments.
D) Confiscation cannot be done.
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CA Sanjay Kumar Agrawal
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Dear Professional Seniors & Friends,
Warm Greetings!
This post of MCQ is on provisions relating to confiscation of goods or conveyances under GST Act.
Answer to MCQ 57.1: C) Confiscation can be done only after providing opportunity of being heard.
Answer to MCQ 57.2: B) 20 consignments for invalid eway bills and for which no documents are available.
Practical Analysis for MCQ 57.1:-
Based on the above analysis, correct answer MCQ 57.1: C) Confiscation can be done only after providing opportunity of being heard.
Practical Analysis for MCQ 57.2:-
Based on the above analysis, correct answer MCQ 57.2: B) 20 consignments for invalid eway bills and for which no documents are available.
(Disclaimer: The objective of the MCQ 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
To access MCQ posts regularly, please Join Telegram Channel:
https://t.me/caSanjayKumarAgrawal
For All MCQ post please click on:
Webpage: http://www.casanjay.me/
Facebook: https://www.facebook.com/CA.Sanjay.K.Agrawal/
Linkedin: https://www.linkedin.com/in/ca-sanjay-kumar-agrawal/
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