+3 (Commerce)-

UTKAL UNIVERSITY QUESTIONS-2015

SUBJECT : INDIRECT TAXES

Full Mark : 100

Q1 (a) Explain the term goods for charging tax under Central Excise Act.
.
(b) State the items which are coming under the jurisdiction of union list, state
list and concurrent list.

OR
(a) Who is liable to pay excise duty and when is it payable?

(b) What is assessable value? How will you determine the same?

Q2 Briefly discuss the procedure for registration under Central Excise Act. Can the
. registration certificate be suspended?

OR
What are the different methods of assessment? Discuss the procedure for
assessment of excise duty as per the Act.

Q3 (a) What are the objectives of levying custom duties?

.
(b) State the different types of duties levied and collected on imported goods.
OR
Write short notes on the following:

(a) Bills of entry

(b) Remission of duty
(c) Prohibited goods

Q4 State the method of valuation of goods as per the Customs Valuation Rules.
.
OR
(a) What is bill of entry?
(b) What do you mean by warehousing bond?
Q5 Briefly discuss the preamble and objectives behind introduction of Central Sales
. Tax. What are the salient features of CST?
OR
Define the following terms as per CST Act. Explain each term with examples.

(a) Turnover, (b) Declared goods (c) Inter State sales.

+3 (Commerce)-

UTKAL UNIVERSITY QUESTIONS-2013

SUBJECT : INDIRECT TAXES

Full Mark : 100

Q1 Explain with reference to the provisions of the Central Excise Act, 1944. Discuss
. the durability of site related activities and immovable property.

OR
Explain the different types of valuation under the Central Excise Act,1944.

Q2 Discuss, in detail, the difference between rules 18 and 19 of the Central Excise
. Rules pertaining to export of excisable goods.

OR
What are the provisions regarding general exemptions to SSI units? Explain the
provisions of SSI exemption in respect of goods exported to Nepal and Bhutan.

Q3 Explain with reference to the relevant provisions under the customs act, 1962 as
. to how to calculate the duty where imported goods consist of articles liable to
different rates of duty.
OR
(a) State and explain the provisions of the Custom Act 1962, which relates to
grant of exemption from duty.

(b) Discuss the procedure and provisions relating to claim to refund of custom
duty paid in excess under the act.

Q4 Write Short notes on the following:

. (a) Bills of entry
(b) Warehousing Bond

OR
Write a note on the valuation of imported and exported goods under Custom
Act,1962.

Q5 (a) Explain the term goods with reference to the Central Sales Tax Act, 1956.
. (b) Explain what the essentials of a Valid Sale are.
OR
(a) Describe constitutional provisions that restrict impositions of tax on sale of or
purchase of goods.

(b) Explain constitutional provisions for imposition of tax on sale of or purchase

of goods in inter state sales.

+3 (Commerce)-

UTKAL UNIVERSITY QUESTIONS-2012

SUBJECT : INDIRECT TAXES

Full Mark : 100

Q1 Discuss the general procedure of central excise valuation of goods.

.
OR
Briefly explain the constitutional provisions in relation to tax.

Q2 Your company is manufacturing goods with a brand name of another, but the
. product is entirely different. The directors wish to avail SSI exemption. Advise the
Board.

OR
Explain the provisions in respect of granting and hoc exemption from excise and
customs duty.

Q3 Explain briefly the general provision about baggage under Custom Act.
.
OR
 State and explain the provisions of the Customs Act, 1962 which relates to grant
of exemption from duty.

Q4 How is the customs value of imported goods determined for assessment? Explain
. it.

OR
Explain the procedure for warehousing imported goods along with removal of
goods from warehouse.

Q5 Discuss the provisions relating to interstate values and values inside the state.
.
OR
Discuss the procedure of determining levy of central sales tax.

+3 (Commerce)-

UTKAL UNIVERSITY QUESTIONS-2011

SUBJECT : INDIRECT TAXES

Full Mark : 100

Q1 Briefly explain the provisions of Central Excise Act 1944 with reference to
. Dutiability of Waste and Scrap.

OR
Enumerate the exemptions, types of exemptions and the procedure for obtaining
exemptions from Central Excise.

Q2 Discuss the Payment Procedure of Excise Duty and mention the consequences
. for non-payment on due date.

OR
What is Duty Free Exports? Briefly explain the export procedures for Excise.

Q3 Critically discuss the role of WTO and WCO in framing the Custom Act.
.
OR
State the provisions of customs duty determination of pilfered goods, prohibited
goods and mutilation goods.

Q4 Write a note on valuation of imported and exported goods under Custom

. Act,1962.

OR
What is warehousing bond? What is the relevance of warehouse and its control
under Customs Act?

Q5 Write the basic objectives of CST Act along-with the basic schemes.
.
OR
Define, what is Sale and Deemed Sale under CST? Also discuss the
transactions which are not sales.

+3 (Commerce)-

UTKAL UNIVERSITY QUESTIONS-2010

SUBJECT : INDIRECT TAXES

Full Mark : 100

Q1 Briefly discuss the constitutional provisions relating tax.

.
OR
Explain the procedure of Central Excise and valuation of goods to determine the
assessable values.

Q2 State whether registration under Central Excise Act 1994 is mandatory. If yes,
. who can get it for registered.

OR
State the need and provisions of concessions given to Small Scale Industries
under Central Excise Act.

Q3 Discuss the scope and coverage of Customs Law. Also differentiate the Customs
. and Central Excise.
OR
Explain the different provisions for determination of duty under the Customs
Act.

Q4 Describe the clearance procedure of goods imported by the post office in

. particular and procedure in general.

OR
Describe the methods of control over warehousing goods under Customs Act
along with the provisions of removal of goods from Warehouse.

Q5 Write the Constitutional background of CST.

.
OR
What is the meaning of Interstate Sale under CST? Discuss with example and
definition.