कर (Taxation) – Taxation MCQ
कर (Taxation) – CA / ACCA
Taxation · Chartered Accountancy (CA, ACCA) · ६२३ प्रश्न
६२३ प्रश्न उपलब्ध। मोड छान्नुहोस्:
कर (Taxation): प्रश्न र उत्तर
सही लागेको विकल्पमा थिच्नुहोस्। सही भए हरियो, गलत भए रातो देखिन्छ; ३ सेकेन्डपछि सही उत्तर र व्याख्या देखिन्छ।
सही: ० / ०
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1,000 kg of goods worth Rs 2,00,000 attract a compound duty of 10% ad valorem plus Rs 50 per kg. What is the total duty?
सही उत्तर: घ) Rs 70,000
Ad valorem part = 10% × 2,00,000 = Rs 20,000; specific part = 1,000 × 50 = Rs 50,000; total = Rs 70,000.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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Goods are imported with an FOB value of USD 2,000, freight of USD 200 and insurance of USD 50. The exchange rate is Rs 130 per USD and customs duty is 10% of the CIF value. What is the customs duty?
सही उत्तर: ग) Rs 29,250
CIF = 2,000 + 200 + 50 = USD 2,250 = Rs 2,92,500; duty = 10% × 2,92,500 = Rs 29,250.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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A factory removes 2,500 litres of a product with an ex-factory value of Rs 5,00,000. Excise duty is Rs 40 per litre and VAT at 13% is charged on the value including excise. What is the VAT?
सही उत्तर: घ) Rs 78,000
Excise = 2,500 × 40 = Rs 1,00,000; VAT base = 5,00,000 + 1,00,000 = 6,00,000; VAT = 13% × 6,00,000 = Rs 78,000.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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Goods are sold for Rs 45,000 excluding VAT. With VAT at 13%, what is the total amount of the tax invoice?
सही उत्तर: क) Rs 50,850
VAT = 13% × 45,000 = Rs 5,850, so the invoice total is 45,000 + 5,850 = Rs 50,850.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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A tax levied at a small rate on the gross sales of a business, without deduction for the cost of purchased inputs, is called a:
सही उत्तर: क) Turnover tax
A turnover tax is charged on gross receipts at each sale, which causes cascading when goods pass through several stages.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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Unlike a multi-stage turnover tax, VAT does not encourage firms to merge vertically because:
सही उत्तर: घ) The total VAT depends on the final price, not on the number of stages the goods pass through
With input credits, total VAT equals the rate times the final value whatever the number of transactions, so integration gives no tax saving.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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The idea of a 'single tax' on the economic rent of land is associated with:
सही उत्तर: ग) Henry George
Henry George, in Progress and Poverty, proposed financing government by a single tax on land values.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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Which transfer pricing method compares the price charged in a controlled transaction with the price charged in a comparable transaction between independent parties?
सही उत्तर: ख) Comparable uncontrolled price (CUP) method
The CUP method directly compares prices; cost plus and resale price methods compare margins.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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A 'revenue-neutral' tax reform is one that:
सही उत्तर: क) Changes the structure of taxes while leaving total tax revenue roughly unchanged
Revenue neutrality means, for example, rate cuts are financed by base broadening so that total collections stay the same.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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Supply-side economists argue that cutting marginal income tax rates:
सही उत्तर: घ) Increases incentives to work, save and invest
Supply-side views stress that lower marginal rates raise the after-tax return to effort and investment, expanding output.
💬 टिप्पणी / गल्ती रिपोर्ट (०)
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