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1: What is the maximum duration allowed for a trader to claim input tax?

Refer to Sec 17(2) VAT act 2013
Show hint
Correct! Wrong!

2: Which of the following documents cannot be used in claiming input tax

Correct! Wrong!

Refer to Sec 17(3) VAT act 2013

3: How is a newly registered person supposed to deal with input tax on inventory held at the date of registration?

Correct! Wrong!

Refer to Sec 18 VAT act 2013

4: In case of overpayment of VAT, the maximum duration to launch a refund claim is

Correct! Wrong!

Refer to Sec 30 VAT act 2013

5: In case of a bad debt written off, an application for refund must be made within

Correct! Wrong!

Ref: Tax laws amendment act reduced the period from 5 years to 4 years

6: A bad debt written off and refunded by the commissioner is subsequently recovered, the registered person should

Correct! Wrong!

Refer to Sec 31 VAT act 2013

7: Njeuri a registered trader is convicted for interfering with his supermarket cash registers such that they exempt taxable goods. He is liable to

Correct! Wrong!

Refer to Sec 41 VAT act 2013

8: A trader not registered for VAT charges tax on supply of goods. The trader shall

Correct! Wrong!

Refer to Sec 42(2&3) VAT act 2013

9: The VAT classification of bottled water is

Correct! Wrong!

Ref: Only piped water is exempt (first schedule-95

10:

Correct! Wrong!

Ref: Was initially exempt but now taxed under TLAA 2020

11: A registered person shall not deduct input tax if the tax relates to

Correct! Wrong!

VAT act 2013 Sec 17(4)

12: A registered person shall not deduct input tax if the tax relates to

Correct! Wrong!

VAT act 2013 Sec 17(4)

13: VAT on digital services applies to

Correct! Wrong!

14: The VAT classification of exported services is

Correct! Wrong!

Ref: New after cocacola case, Finance act, 2021

15: The VAT classification of bread is

Correct! Wrong!

Zero rated VAT act 2013 second schedule (13A)

16: Which of the following facts is not true about VAT

Correct! Wrong!

Ref: VAT act 2013

17: It is within the right of a VAT registered person to do the following except

Correct! Wrong!

Ref: VAT act 2013

18: A VAT Registered person is required to keep records for

Correct! Wrong!

Ref: VAT act 2013

19: Which statement best describe the term VAT Automated Audit (VAA)

Correct! Wrong!

http://127.0.0.1/taxdony/vat-automated-audit-vaa/

20: Which statement best describe the term Tax integrated Management systems -TIMS

Correct! Wrong!

Ref: http://127.0.0.1/taxdony/vat-electronic-tax-invoice-tims/

21: VAT withholding agents are required to withhold VAT at

Correct! Wrong!

Ref: Tax Procedures Act 2015, Sec 42A

22: A supplier invoiced goods in April 2021, having received a deposit for those goods in February 2021. The goods were actually delivered in June 2021 when the final instalment was made. The VAT on this transaction is payable by

Correct! Wrong!

Ref: VAT act 2013, sec 12

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