RAE-Paper 2-MCQs

RAE-2-MCQs

                                        Section-I: Goods and Services Tax: 40 Percent

1. Constitutional Aspects, GST Council, Administration of GST, Assessment and Audit, Dual GST Model, GST(Compensation to States) Act, 2017 GST Network

2. Levy and collection of CGST & IGST – Application of CGST/IGST law, concept of supply including composite and mixed supplies, inter-State supply, intra-State supply, supplies in territorial waters, charge of tax, exemption from tax, composition levy, Distribution of IGST

3. Place of supply, time and value of supply

4. Input Tax Credit, Computation of GST Liability, Procedures of GST – registration, tax invoice, credit and debit notes, electronic way bill, accounts and records, returns, payment of tax including reverse charge, refund, job work, Provisions relating to e-commerce, GST Forms(GST REG-01,GSTR 1, GSTR 4, GSTR 10, GST PMT 01, GST-RFD-01, GST ITC-01)

5. Liability to pay in certain cases, inspection, Search Seizure and Arrest, Demand and Recovery, Offences and Penalties, Anti-profiteering, Advance Ruling, Appeals and Revision, Other Residuary provisions under the CGST Act 2017 and IGST Act 2017


Section-IIA: Central and State Revenues Audit :60 Percent

Part-I:  Central Excise and Revenue Audit Manual (10 marks)

1. Provisions of Central Excise Revenue Audit Manual (Chapter 1,3,4,5,8,11,14 to 17,19,20 as amended, 21,22 and 24)

    A. SHORT NOTES

    B. MCQs

2. Provisions of Central Excise Act and Central Excise Tariff Manual (Chapter 24 of SECTION IV and Chapter 27 of SECTION V)

    A. SHORT NOTES

    B.  MCQs


Part-II: Customs & Foreign Trade Policy (30 marks)

1. (a) Constitutional Provision and Basic Concepts: Definitions, procedures governing Imports and Exports, Warehousing, Baggage, Search and Seizure, Appeal and Revision contained in Chapters I, III, IX, XI, XIII, XIV, XV, XVI and XVII of Customs Act 1962 (b) Customs Tariff Act No. 51 of 1975 (Section 1 to Section 13) (c) Foreign Exchange Management Act 1999

2. Levy and collection of duties: Basic Customs Duty, Integrated Goods and Services Tax, Compensation Cess, Anti-dumping Duty, Safeguard Duty, Project Imports contained in (i) Section 1 to 10 and Chapter Notes to Chapter 98 of Customs Tariff Act 1975 and (ii) Chapter V, VA of Customs Act 1962

3. Refunds and drawbacks: Section 26 to 27A of Customs Act 1962- Chapter V, Chapter X

4. Foreign Trade Policy (2015-20): Legal Framework, Definitions, Duty Exemption and Remission Schemes for Exports, Foreign Trade Agreements contained in a. Foreign Trade Development and Regulation Act, 1992 b. Chapter 9 and Glossary of FTP c. Chapters 3,4,5,6 and 7 of FTP

5. Provisions of SEZ Act and Rules a. Chapters I, II, IV, VI and VII Sections 47,49, 50 to 56 b. Chapters IV, V and VI and Annexure-I - Guidelines for Annual monitoring of performance of units in SEZ

6. Provisions of Revenue Audit Manual: Chapter 20


Part-III: State Revenues (20 Marks)

1. Provisions of The Central Sales Tax Act, 1956 and the Taxation Laws (Amendment) Act, 2017 (No. 18 of 2017)

    A. SHORT NOTES

    B. MCQs

2. Provisions of Value added Tax Auditing Guidelines 

    A. SHORT NOTES

    B. MCQs

3. Provisions of Motor Vehicles Act,1988 Provisions governing Licensing of Driver, Registration of Motor Vehicles and Offences, Penalties And Procedure contained in the following Chapters II, IV and XIII of the Act

    A. SHORT NOTES

    B. MCQs

4. Provisions of Registration Act, 1908:  Part I Preliminary, Part II The Registration-Establishment, Part III Registrable Documents, Part VI Presenting Documents for Registration, Part XI The Duties and Powers of Registering Officers, Part XIII The Fees for Registration, Searches and Copies.

    A. SHORT NOTES

    B. MCQs

5. Provisions of Indian Stamp Act, 1899: Chapter I Preliminary, Chapter II Stamp Duties, Chapter VI Reference And Revision

    A. SHORT NOTES

    B. MCQs

6. Provisions of Mines And Minerals (Development And Regulation) Act, 1957: Chapter I Preliminary Chapter II General Restrictions on Undertaking Prospecting and Mining Operations

   A. SHORT NOTES

   B. MCQs

Comments

  1. Legal & Compliance Services18 February 2025 at 04:47

    Great blog! Your detailed insights on Annual Compliance for Private Limited companies are truly helpful for business owners and entrepreneurs. Staying compliant with ROC filings, tax regulations, and financial disclosures is crucial for smooth operations, and you’ve explained it perfectly. Your effort in breaking down complex compliance requirements into easy-to-understand points is commendable. Keep up the great work in sharing valuable knowledge! Looking forward to more such informative posts.

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