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Table of Contents 1.3 Levy and Collection (Taxable event) MCQ |
1.2 MCQ: Supply under GST
1.The term
“supply” has replaced....
A. The term manufacturer under Central Excise
B. The term sale of goods under State VAT
C. The term provided or deemed to be provided in case of
service tax
D. All the above
Answer: D) All the above
2.”Supply”
import of services, if such import of services
A. is for a consideration
B. is for a consideration or not
C. is for a consideration and in the course or
furtherance of business
D. is for a consideration and whether or not in the
course or furtherance of business
Answer: D) is for a consideration
and whether or not in the course or furtherance of business
3.Import of services by a taxable person from a related person or from
any of his other establishment outside India shall be treated as supply
A. if such import of services is for a consideration
B. even if such import of services is without
consideration
C. even if such
import of services is without consideration but it should be in the course or
furtherance of business
D. even if such
import of services is without consideration and it may or may not be in the
course or furtherance of business
Answer: C) even if such import of
services is without consideration but it should be in the course or furtherance
of business
4.Activities which are to be treated as “supply” even if made
consideration are specified in
A. Schedule I of CGST Act
B. Schedule II of CGST Act
C. Schedule III of CGST Act
D. All the above
Answer: A) Schedule I of CGST Act
5.Transfer of right in goods or of undivided share in goods without the
transfer of title thereof is treated as
A. Supply of goods
B. Supply of
services
C. Neither supply
of goods not supply of services
D. Partly supply of
goods and partly supply of services
Answer: B) Supply of services
6.Licence to occupy land is treated as
A. Supply of goods
B. Supply of
services
C. Neither supply
of goods not supply of services
D. Partly supply of
goods and partly supply of services
Answer: B) Supply of services
7.Lease or letting out of the building is treated as supply of services
if such leasing or letting is
A. for residential
purposes
B. for business
purposes
C. wholly for
business or commerce
D. either wholly or
partly for business or commerce
Answer: D) either wholly or partly
for business or commerce
8.Any job-work carried out by a job-worker on another person’s goods
shall be treated as
A. Supply of goods
B. Supply of
services
C. Supply of
services provided job work is carried out by job-worker without any material
D. Supply of
services whether the job-work is to be carried out by a job-worker with or
without any material
Answer: D) Supply of services
whether the job-work is to be carried out by a job-worker with or without any
material
9.Which of the following activities or transactions shall be treated neither as a supply of goods nor a supply of services:
A. Services by an
employee to the employer in the course of or in relation to his employment
B. Services by any
court or Tribunal established under any law for the time of being in force
C. Services of
funeral, burial, crematorium or mortuary
D. All the above
Answer: D) All the above
10. Which of the following activities or transactions shall be treated
neither as a supply of goods nor a supply of services:
A. Sale of land and
building
B. Lease of land
C. Rent of building
D. All the above
Answer: A) Sale of land and
building
11.Which of the following activities is a supply of services?
A. Transfer of
right in goods/undivided share in goods without transfer of title in goods
B. Transfer of
title in goods
C. Transfer of
title in goods under an agreement which stipulates that property shall pass at
a future date
D. All the above
Answer: A) Transfer of right in goods/undivided
share in goods without transfer of title in goods
12.If a business asset on which input credit in claimed has been
destroyed by fire or discarded, the transaction shall
A. be regarded as
supply but shall be exempt
B. not be regarded
as supply
C. not be regarded
as supply but input credit shall be reversed
D. be regarded as
supply and liable to GST
Answer: D) be regarded as supply
and liable to GST
13.Supply of goods from a place in the non-taxable territory to another place in the non-taxable territory shall
A. be regarded as
supply
B. not be regarded
as supply
C. not be regarded
as supply if such goods do not enter into India
D. not be regarded
as supply whether such goods enter into India or not
Answer: C) not be regarded as
supply if such goods do not enter into India
14.Are a self-supplier taxable under GST or not? Under the circumstances
of:
A. Inter-state
self-suppliers are taxable under IGST
B. Inter-state
self-suppliers are not taxable under IGST
C. Intra-state
self-suppliers are taxable IGST
D. Intra-state self-suppliers
are not taxable IGST
Answer: A) Inter-state
self-suppliers are taxable under IGST
15.Whether supply of software would be treated as supply of goods or
supply of services under GST law?
A. Treated as
supply of goods or services
B. Treated as
supply of goods
C. Treated as
supply of services
D. Neither treated
as supply of goods nor treated as supply of services
Answer: C) Treated as supply of
services
16.Renting of immovable property and construction of a complex,
building, civil structure or a part thereof comes under:
A. supply of goods
or services or both
B. supply of goods
C. supply of
services
D. Neither treated
as supply of goods nor treated as supply of services
Answer: C) supply of services
17.R of Delhi deals in electronics Goods. He transfers the title of a television set of an agreed consideration to G of Delhi in December, 2020. In the given case, the transfer of title in television shall be considered as
A. supply of goods
or services or both
B. supply of goods
C. supply of
services
D. Neither treated
as supply of goods nor treated as supply of services
Answer: B) supply of goods
18.R is supplier of goods located in Mumbai. In November 2019, he has
imported Consultancy Services for Development of IT Software from U.S.A. for a
stipulated consideration of $ 80,000.
A. supply of goods
or services or both
B. supply of goods
C. supply of
services
D. Neither treated
as supply of goods nor treated as supply of services
Answer: C) supply of services
19.Import of service from relative with consideration in the course or
furtherance of business. Then import of service
A. Taxable
B. Non-taxable
C. Neither taxable
nor no-taxable
D. None of the
above
Answer: A) Taxable
20.Import of service from unrelated person for personal consumption without consideration. Then import of service
A. Taxable
B. Non-taxable
C. Neither taxable
nor no-taxable
D. None of the
above
Answer: B) Non-taxable
21.Import of service from relative personal consumption with consideration. Then import of service
A. Taxable
B. Non-taxable
C. Neither taxable
nor no-taxable
D. None of the
above
Answer: A) Taxable
22.Import of service from relative without consideration in the course
or furtherance of business. Then import of service
A. Taxable
B. Non-taxable
C. Neither taxable
nor no-taxable
D. None of the
above
Answer: A) taxable
23.Import of service from unrelated person for business without
consideration. Then import of service
A. Taxable
B. Non-taxable
C. Neither taxable
nor no-taxable
D. None of the
above
Answer: B) Non-taxable
24.Mr. X is supplier of goods located in Delhi. In September 2019, he
has imported ‘Architecture Services’ from a consultant located in Russia,
without any consideration for construction of his personal house. Then
A. Importation of
service shall fall in the ambit of term supply and liable to pay IGST
B. Importation of
service shall not fall in the ambit of term supply and liable to pay IGST
C. Importation of
service shall not fall in the ambit of term supply and not liable to IGST
D. None of the
above
Answer: C) Importation of service
shall not fall in the ambit of term supply and not liable to IGST
25.Mrs. Ishita is supplier of goods located in Delhi. In October 2020, she has imported ‘Business Consultancy Services’ from a consultant located in Japan for a stipulated consideration of $ 56,000. Then
A. Importation of
service shall fall in the ambit of term supply and liable to pay IGST
B. Importation of
service shall not fall in the ambit of term supply and liable to pay IGST
C. Importation of
service shall not fall in the ambit of term supply and not liable to IGST
D. None of the
above
Answer: A) Importation of service
shall fall in the ambit of term supply and liable to pay IGST
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