GST and Customs Regulations Quiz

Freight and Parcel Traffic

• Busy Season Surcharge is levied on POL (Option B)
• Agricultural Produce, Railway Material and equipment's, Milk, Salt, and food grains are exempted from GST (Option D)

CAN and Credit

• CAN stands for Credit Advice Note (Option A)

Freight Charges and Terminal Access Charges

• Diversion charges applicable are Rs. 750/- per Wagon (Option C)
• Terminal Access Charges (TAC) for containers handled at CRT are leviable on a Rake basis (Option B)
• Most of the freight in Goods traffic is collected through E-payment (Option B)

GST Exemptions

• Wharfage, Cloak room, Demurrage are exempted from GST (Options B, C, and D)
• Defence or military equipment is exempted from GST (Option A)
• Relief material for victims of natural or manmade disasters, calamities, accidents, or mishap is exempted from GST (Option D)

Parcel Traffic

• Parcel are booked in railway at Owner risk or railway risk (Option C)
• Parcels are charged by weight or measurement, whichever gives the greater charge (Option D)
• Unless the consignor declares the value of any consignment and pays percentage charge on excess value, the maximum limit of amount of monetary liability for loss, destruction, damage, and non-delivery shall not exceed Rs 50 per Kg (Option A)
• Unless the consignor declares the value in respect of consignments booked as personal luggage and pays percentage charge on excess value, the maximum limit of amount of monetary liability for loss, destruction, damages, and non-delivery shall not exceed Rs 100 per Kg (Option C)
• Wharfage charge for livestock at other than notified station is Rs. 10.00 per head per hour or part of an hour (Option B)

Technology and Railways

• Hand held scanner, Hand held mini printer & Bar code labels are related with PMS (Option D)
• Nodal officer for computerisation of parcel management system over major stations of Indian Railway is CAO (PIS)/NR (Option C)
• POS machines have been installed at various locations of Indian Railway to allow Cashless transaction (Option A)

E-way Bill and GST

• E-Way bill will be required before dealing when value of goods is Rs. 50,000 or more (Option B)
• For a distance up to 100 Km, validity of E-way bill is 1 day (Option C)
• GST is exempted in Relief material for victims of natural or manmade disasters, calamities, accidents or mishap (Option D)
• GST rate on transportation of goods is 5% (Option D)

Miscellaneous

• In case of mis-declaration of commodity in container is detected, charges will be 4 times of the highest container class rate (Option B)
• Congestion charge @25% is leviable on Goods traffic booked to Bangladesh (Option D)
• Premium Charge under Premium Indent Scheme is 15% (Option B)
• Wagon Registration Fee per rake is Rs. 50000/- (Option C)
• NTR in goods traffic stands for Normal Tariff Rate (Option B)
• PCC in Goods traffic stands for Permissible Carrying Capacity (Option A)
• eTRR stands for Electronic Transmission Railway Receipt (Option C)

Test your knowledge of Goods and Service Tax (GST) and customs regulations with this quiz, covering topics such as surcharges, exempted commodities, and more.