Indirect Taxation / GST Domain -

Frequently Asked Technical Interview Questions

    Average CTC: 7 to 11 LPA (approx.)

   Technical Questions :

• The difference between an audit by tax authorities and a special audit.
• What are your views on simplifications in indirect taxation through the implementation of GST
• The procedure of carrying forward of ITC in case of succession, transfer, merger, and acquisition of a business.
• Mixed supply and composite supply.
• What are the recent changes made in GST?
• Explain rule 36(4)
• Please explain the provision of E-invoicing. What are the additional benefits of E-invoicing over an E-way bill?
• Please explain the benefits of the SEIS Scheme
• What are your views on GSTR 2A and 2B?
• Did the implementation of GSTR 2B simplified the reconciliation or complicated it?
• Various questions have been asked about the following topics:
•  1. Time of Supply 
• 2. Place of Supply 
• 3. Value of Supply 
• 4. Input tax credit - blocked credit u/s 17(5) 
• 5. ITC Calculation rules 
• 6. Provision related to refunds 
•  7. SEZ 8. custom 9. FTP
• Reconciliation between books ITC and 2B
• Please explain the formula prescribed for a refund on making the export of goods or services and the inverted tax structure.
• GST returns name, due dates, and its purpose to introduce.
• What is the time period for the applicability of advance ruling? Can it be nullified?
• 5-7 Advance rulings pronounced recently.
• What actions can be taken if consideration will not be realised within the stipulated time for the export of services?
• QRMP Scheme
• Any recent 5-7 high court and supreme court judgments under GST.
• Recent circulars issued by CBIC
• Tax Implications in case of sale of capital goods and discontinuance of business.
• Explain Provisions related to second-hand goods dealers and other related rules as well.
• Implications and exceptions in the case of Rule 42/43.
• Provision related to pure agent under GST

• GST an Accepted System Of Taxation Across The World?
• Will the GST Impact Other Taxes Like Income Tax Or Corporate Tax?
• Will All Goods And Services Be Covered Under The GST?
• Will The Rate Rise In the Case Of GST Make It Costlier?
• What Is The Main Change That Will Be Witnessed With The Introduction Of The GST?
• What Are The Contribution Of IT Technology In The Enforcement Of the GST Regime?
• What Is The Best Outcome Customers Can Expect, In Case Of GST?
• How Will Imports Be Taxed Under GST?
• What Is The Rate Structure Proposed Under GST?
• Why Is Dual GST Required?
• What is the concept of TDS and TCS under GST? When we are required to deduct TDS & TCS?
• What are your views on simplification in indirect taxation through the implementation of GST?
• Will all goods and services be covered under the Gst?
• How will imports be taxed under Gst?
• What is the rate structure proposed under GST?
• What is the jurisdiction of the national and regional bench?
• Candidates' view on rate rationalization in GST?
• Please explain the provision of E-invoicing. What are the additional benefits of E-invoicing?
• Whether GST should be levied on 5 Petroleum products?
• As per section 50 of the CGST Act, in case of default in payment of tax interest is payable on which amount (gross tax payable or net tax payable)? Also, the rate of interest applicable on such transaction.
• Explain provisions related to second-hand goods dealers and other related rules as well
• Journal Entries for Purchase with and without GST
• Provision related to the pure agent under GST