Quiz · Module 3

Services

8 questions. The pass mark is 6 of 8, which is 70% rounded up. You can retake it.

Question 1

Your Form 146 worksheet is complete. How does the form get filed?

A) Exporting the worksheet completes the filing B) The platform does not file it; the business and its CA handle filing, and a verified CA can file from the worksheet through the CA desk C) The AD bank files it from the Form A2 D) It needs no filing once the worksheet exists

Question 2

The overseas payee has no PAN. What does the DTAA/TDS working show?

A) No tax B) The treaty rate always C) A higher rate for the no-PAN case D) An error that blocks the record

Question 3

There is no treaty with the payee's country. Which rate does the working use?

A) The Act rate B) The best treaty rate from another country C) Nil D) The bank's rate card

Question 4

What does the treaty papers request letter ask the payee for?

A) Shipping Bill and BoE B) FIRA and eBRC C) MT940 statement D) TRC, Form 41 and a no-PE declaration

Question 5

In November 2026 you raise nine service export invoices. How do you prepare the EDF for the AD bank?

A) One monthly EDF can cover all nine, as PDF and CSV B) Nine separate EDFs are always needed C) No EDF applies to services D) Use the Shipping Bill register instead

Question 6

A company (not an individual) receives an inward remittance of Rs 8 lakh for a service. A colleague says, "It's under Rs 10 lakh on full bill value, same as the import closure rule." What is the right correction?

A) The colleague is right; it is one rule B) There is no Rs 10 lakh test for services C) These are two different tests. The deemed services-EDF test looks at the inward remittance for that service; the closure test looks at the full bill value D) The test applies only to individuals

Question 7

A company imports a service with an invoice value of Rs 6 lakh. Under the regulatory note, does the AD bank enter IDPMS details?

A) Yes, for every service import B) On these facts the condition is not met: it applies when the importer is not a resident individual and the value is more than Rs 10 lakh C) Yes, because the importer is a company D) Only if the payee has no PAN

Question 8

Your Form A2 for a service payment prints without the company letterhead. What should you do?

A) Add the letterhead by hand B) Regenerate it as a letter C) Report a fault D) Nothing. RBI forms keep the RBI layout

General information. Confirm with your AD bank or CA.