GST MCQ MARATHON-Solved

CA Jasmeet Singh 1
GST MCQ MARATHON

1. Continuous supply of services means a supply of services which is provided, or agreed
to be provided, continuously or on recurrent basis, under a contract, for a period
exceeding __________ with __________payment obligations.
(a) 1 year, annual

(b) 3 months, periodic
(c) 6 months, half yearly
(d) 1 year, periodic
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CA Jasmeet Singh 2
2. A machine has to be supplied at site. It is done by sourcing various components from

vendors and assembling the machine at site. The details of the various events are:
10.09.2019 Purchase order with advance of ` 50,000 is received for goods worth ` 12
lakh and entry duly made in the seller’s books of account
20.09.2019 The machine is assembled, tested at site, and accepted by buyer 30.09.2019
Invoice raised
10.10.2019 Balance payment of ` 11,50,000 received Time of supply shall be
a) 10/9/19
b) 20/9/19
c) 30/9/19
d) 10/10/19

CA Jasmeet Singh 3
3. ABC Ltd. sold certain goods for List price ` 2,00,000 and charged ` 3,000 for packing and
` 5,000 for weightment and the buyer has also paid ` 1,00,000 to XYZ Ltd. on behalf of
ABC Ltd. ABC Ltd. has given 10% discount on List price at the time of sale, in this case
value of supply shall be
a) 3,00,000
b) 3,86,000
c) 2,89,000
d) 2,88,000
e) None of these

CA Jasmeet Singh 4
4. Samriddhi Advertisers conceptualized and designed the advertising campaign for a new
product launched by New Moon Pvt Ltd. for a consideration of Rs.5,00,000. Samriddhi
Advertisers owed Rs.20,000 to one of its vendors in relation to the advertising service
provided by it to New Moon Pvt Ltd. Such liability of Samriddhi Advertisers was
discharged by New Moon Pvt Ltd. New Moon Pvt Ltd. delayed the payment of
consideration and thus, paid Rs.15,000 as interest. Determine the value of taxable supply
made by Samriddhi Advertisers. GST Rate is 18%
a) 5,20,000
b) 5,35,000
c) 5,00,000
d) 5,32,712

CA Jasmeet Singh 5
5. S sold goods to M on approval basis.

Date of removal : 10/2/2020
Date of delivery: 15/2/2020
Date of acceptance: 9/9/2020
Date of issue of invoice: 10/9/2020
Determine TOS of goods
a) 10/2/2020
b) 10/9/2020
c) 9/9/2020
d) 10/8/2020

CA Jasmeet Singh 6
6. Gupta & Sons, a registered supplier, paying tax under normal scheme is a wholesale
supplier of ready-made garments located in Bandra, Mumbai. On 5th September, 20XX,
Mohini, owner of Charming Boutique located in Dadar, Mumbai, approached Gupta & Sons
for supply of a consignment of customised dresses for ladies and kids.
Gupta & Sons gets the consignment ready by 2nd December, 20XX and informs Mohini
about the same. The invoice for the consignment was issued the next day, 3rd December,
20XX.
Due to some reasons, Mohini could not collect the consignment immediately. So, she
collects the consignment from the premises of Gupta & Sons on 18th December, 20XX and
hands over the cheque for payment on the same date. The said payment is entered in the
accounts on 20th December, 20XX and amount is credited in the bank account on 21st
December, 20XX.
a) 2/12/XX
b) 3/12/XX
c) 18/12/XX
d) 20/12/XX

CA Jasmeet Singh 7
7. M/s. Ramchandra Associates has received some taxable services from Mohan Dalal (P)
Ltd. on 12.01.20XX by making a cash payment of Rs 5,00,000 on same day. The payment
was entered in the books of account of M/s. Ramchandra Associates on 16.01.20XX and
in the books of account of Mohan Dalal (P) Ltd. on 20.01.20XX. The invoice was issued by
Mohan Dalal (P) Ltd. on 18.01.20XX. Determine the time of supply in the given case.
a) 12.01.20XX
b) 16.01.20XX
c) 18.01.20XX
d) 20.01.20XX

CA Jasmeet Singh 8
8. M/s. Wanderlust Travels (P) Ltd. purchased bus Chassis from M/s. K Motors Ltd. for a
consideration of 90.00 lakh on 01.10.20XX. M/s. Wanderlust Travels (P) Ltd. sent the bus
chassis for body building to M/s. B Fabricators and paid in advance the total
consideration of 25.00 lakh on 15.10.20XX. M/s. B Fabricators, after completing the bus
body, informed M/s. Wanderlust Travels (P) Ltd. for carrying out the inspection of the
work done on 05.11.20XX. M/s. Wanderlust Travels (P) Ltd. visited work shop of M/s. B
Fabricators on 08.11.20XX and confirmed that the bus body was in accordance with the
terms of contract. The last date for issuing the invoice by M/s. B Fabricators is: -
a) 15.10.20XX
b) 05.11.20XX
c) 08.11.20XX
d) None Of The Above.

CA Jasmeet Singh 9
9. Is e-way bill mandatory in case of transport of the handicraft goods from one State to
another State by a person who has been exempted from the requirement of obtaining
registration u/s 24?
a) E-way Bill is mandatory only if the value of consignment is more than 50,000
b) E-way Bill is mandatory even if the value of consignment does not exceed 50,000
c) E-way Bill is not required
d) None of the above.

CA Jasmeet Singh 10
10. M/s G Publishing House, registered under GST in Delhi is engaged in printing and
selling of books as well as trading of stationery items. He has provided following
information of a consignment which is to be supplied to Mumbai: -
(i) Taxable value of supplies indicated on tax invoice = 35,000/-
(ii) Value of exempted supplies = 8,000/-
(iii) Value of goods to be sent to job worker on delivery challan = 15,000/-
(iv) Freight Charges included in invoice = 4,000
Calculate the consignment value for the purpose of generating e-way bill for inter-State
supply of goods. Assume rate of tax on taxable goods to be 18%.
a. Rs. 35,000/-
b. Rs. 50,000/-
c. Rs. 56,300/-
d. Rs. 64,300/-
CA Jasmeet Singh 11
11. The last date for declaring the details of a Debit Note issued on 25-Jun-2020 for a supply
made on 19- Sep-2019 is:
(a) 31-Dec-2020 – Last date for filing annual return

(b) 20-Jul-2020 – Actual date for filing annual return
(c) 20-Oct-2020– Due Date of Filing of September Return
(d) No Time Limit, Can be issued anytime.

CA Jasmeet Singh 12
12. X Ltd. Entered into a contract with Y Ltd to provide Interior decoration service on 1st
July 2020. Service will be provided over a period of 4 Months. Agreed Considertion for
service is Rs. 10,00,000. Y Ltd. Will pay to X Ltd. Periodically Rs. 2,50,000 on 15th of every
month commencing from 15th July. Service Is completed on 31st October. Determine
Time of issue of invoice.
a) 1st July ; 1st August; 1st September & 1st October.

b) 31st July; 31st August; 30th September & 31st October.
c) 31st October.
d) 30th November.
e) 15th July; 15th August; 15th September; 15th October.

CA Jasmeet Singh 13
13. Mr. Chipko wants to transport exempted goods i.e. wood charcoal worth INR 75,000
along with taxable goods worth INR 48,000 (excluding GST amounting to INR 2,000) from
Delhi to Gujarat. Which of the following statements is true in this situation?
a. E-way bill is mandatorily required to be issued for both taxable as well as exempted
goods
b. E-way bill is not required
c. E-way bill is mandatorily required to be issued only for taxable goods
d. E-way bill is mandatorily required to be issued only for exempted goods

CA Jasmeet Singh 14
14. Mr. Kolly is registered supplier in the State of Gujarat. He is filling GSTR 3B every
month. During the month of February, 2020 he was out of India and so did not do any
outward supply during the month. However, he made one purchase before leaving india
for which he received delivery in the month of Feb. He believes that as there is no
transaction and hence, no need to file GSTR 3B for the month of February, 2020. Is he
correct?
a) Yes, He Is correct
b) Yes, After taking permission from Proper Officer
c) He Can File Nil return Through SMS
d) No, He has to File GSTR 3B

CA Jasmeet Singh 15
15. Consolidated Details in GSTR-1 is given in following Cases
I. Supply to Registered Person Within State

II. Supply To Registered Person Outside the State
III. Supply to unregistered person within State where Value of Supply is upto Rs. 2.50
Lakh
IV. Supply to unregistered person Outside State Where Value of Supply exceeds Rs. 2.50
Lakh
V. Supply to unregistered person within State where Value of Supply exceeds Rs. 2.50
Lakh
VI. Supply to unregistered person Outside State Where Value of Supply is Upto Rs. 2.50
Lakh
a) I, II, III, IV, V & VI

b) III, IV, V & VI
c) IV, V & VI
d) III, V & VI

CA Jasmeet Singh 16
16. M/s Cavenon Enterprises, a registered supplier of designer wedding dresses under
regular scheme, has aggregate annual turnover of ` 30 lakh in the preceding financial
year. It is of the view that in the current financial year, it is permitted to file its monthly
statement of outward supplies – GSTR 1 - on a quarterly basis while its accountant
advises it to file the same on a monthly basis. You are required to advise M/s Cavenon
Enterprises on the same.
a) No, only composition dealer files quarterly return

b) Yes, as turnover is upto 1.50 Crore
c) Yes, GSTR-1 is always filed quarterly only
d) None of the above

CA Jasmeet Singh 17
17. Mr. X had taken registration on 1st January, but failed to furnish GST returns for the
next 6 months. Owing to this, the proper officer cancelled its registration on 25th July and
served the order for cancellation of registration on 31st July. Now, Prem & Sons wants to
revoke the cancellation of registration. Prem & Sons can file an application for
revocation of cancellation of registration on or before.
(a) 30th August

(b) 29th August
(c) 29th September
(d) 29th October

CA Jasmeet Singh 18
18. The First return shall be filed by every registered taxable person for the period from
a) The date on which he became liable for registration till the date of grant of registration
b) The date of registration to the last day of that month
c) The date on which he became liable for registration till the last day of the month of
grant of registration
d) All of the above

CA Jasmeet Singh 19
19. Mr. Champak, located in the State of Uttar Pradesh, a job worker, is engaged in
providing job work services relating to silverware articles to his Principal, Mr. Mote Lal, in
the State of Rajasthan. Turnover for the period April, 2019 to March, 2020: 19,00,000/-. Mr.
Champak, has earned continuous rental income of 15,000/- per month from his residential
flat in Delhi for nine months from July, 2019 to March, 2020. He has also made wholly
exempt supplies of handicraft items of 50,000/- during the period, December, 2019 to
March, 2020. Compute the aggregate turnover of Mr. Champak for the financial year 2019-
20 under the CGST Act, 2017, and also state whether he is liable for registration under the
Act or not.
A.20,85,000/-; Liable for registration.

B.20,35,000/-; Liable for registration.
C.19,00,000/-; Not liable for registration.
D.19,50,000/-; Liable for registration.

CA Jasmeet Singh 20
20. There is a dairy farm selling milk and milk products in Delhi. The turnover of his dairy
farm is as below:
Milk (Exempted): Rs.39,90,000
Butter (Taxable): Rs.50,000
What is the registration liability under GST for the above mentioned person assuming he
has same PAN ?
a) Not Liable to register as Taxable turnover is within Threshold.

b) Liable to Register as Aggregate Turnover exceeds threshold.
c) Marzi hai, Dekh Lo…
d) None of the above

CA Jasmeet Singh 21
21. Pure Oils, Delhi has started the supply of machine oils and high speed diesel in the
month of April, 2019. The following details have been furnished by it for the said month:-
Particulars Amount
(Lakhs)
1 Supply of machine oils in Delhi 2
2 Supply of high speed diesel in Delhi 4
3 Supply made through Fortis Lubricants - an agent of Pure Oils in 3.75
Delhi
4 Supply made by Pure Oils from its branch located in Punjab 1.80
Also Pure Oils supplies machine oils amounting to Rs.2,50,000 from its branch located
in Manipur in addition to the above-mentioned supplies.
A.No, Aggregate Turnover is within Threshold

B.Yes, Aggregate Turnover Exceeds Threshold

CA Jasmeet Singh 22
22. Rama Ltd. has provided following information for the month of September:
Intra-State outward supply ` 8,00,000/-
Inter-State exempt outward supply ` 5,00,000/-
Turnover of exported goods ` 10,00,000/-
Payment made for availing GTA services ` 80,000/-
Calculate the aggregate turnover of Rama Ltd.

(a) ` 8,00,000/-
(b) ` 23,80,000/-
(c) ` 23,00,000/-
(d) ` 18,00,000/-

CA Jasmeet Singh 23
23. Mr. Dev Anand is engaged in providing services of facilitating sale and purchase of
securities to various clients. He is also engaged in trading of securities. His turnover
details are as follows: Trading of securities ` 40,00,000/-, Brokerage on account of
facilitating transactions in securities ` 30,00,000/- You are required to ascertain aggregate
turnover of Mr. Dev Anand under GST:
a) ` 30,00,000/-
b) ` 40,00,000/-
c) ` 70,00,000/-
d) ` NIL.

CA Jasmeet Singh 24
24. M/s Software Limited reduced the amount of ` 2,00,000 from the output tax liability in
contravention of provisions of section 42(10) of the CGST Act, 2017 in the month of
December 2019, which is ineligible credit. A show cause notice was issued by the Tax
Department to pay tax along with interest. M/s Software Limited paid the tax and interest
on 31st March, 2020. Calculate interest liability (Ignore penalty).
a) 9,311
b) 9,337
c) 9,180
d) 6,885

CA Jasmeet Singh 25
25. Which of the following is True in case of electronic cash ledger?
1) Amount available under SGST can be utilized for discharging the liability under CGST.
2) Amount available under SGST can be utilized for discharging the liability under IGST.
3) The amount available in the Electronic Cash Ledger can be utilized for payment of any
liability towards tax, interest, penalty, fees or any other amount under respective
head.
4) Amount available under SGST Interest can be utilized for discharging the liability
under IGST Interest.
Select the correct answer from the options given below
a. 2, 3, 4
b. 3
c. 1, 3, 4
d. All of Above

CA Jasmeet Singh 26
26. M/s ABC Ltd. supplied goods worth Rs. 10,00,000 to M/s XYZ Ltd. in the month of
September, 2020 plus GST 12%. M/s Rajendra Dyeing Pvt. Ltd. paid the GST on 5th
December 2021. The amount of input tax credit is 70,000 is available in the books.
Calculation of interest payment if any under section 50 of the CGST Act.
a) 10,134
b) 24,322
c) 2,02,680
d) Nil

CA Jasmeet Singh 27
27. Mr. X, a supplier of goods, pays GST under regular scheme. The amount of input tax
credit (ITC) available and output tax liability under different tax heads is as under:-
IGST CGST SGST
Output Tax 2,000 2,000 2,500
ITC 4,000 1,800 500
a) NIL
b) 200
c) 2000
d) None of Above

CA Jasmeet Singh 28
28. Krishna Motors is a car dealer selling cars of an international car company. It also
provides maintenance and repair services of the cars sold by it as also of other cars.
Determine the amount of input tax credit available with the help of below expenses
incurred by it during business operations:
Cars purchased from the manufacturer for making further supply 20,00,000
of such cars. [Two of such cars are destroyed in accidents while
being used for test drive by potential customers. GST paid on their
purchase is 1,00,000]
Works contract services availed for constructing a car shed in its 50,000
premises.
A) 19,00,000
B) 21,10,000
C) 19,50,000
D) 20,50,000

CA Jasmeet Singh 29
29. K hires a works contractor for repairing his factory building on a lump sum payment
of 11,80,000. He debits half of the expenditure in the profit and loss account and the
remaining half in the building account. Assuming the rate of GST to be 18%, K can
take input tax credit of: -
A) 90,000
B) 1,06,200
C) 2,12,400
D) Nil

CA Jasmeet Singh 30
30. ABC Pvt. Ltd. a registered manufacturer is engaged in taxable supply of goods. It
procured the following goods during the month of November, 2020. Determine the
amount of input Tax credit available by giving necessary explanations for treatment of
various items.
Items Input tax paid
(Rs.)
Laptops used in office within factory 36,000
Truck used for transportation of inputs in the factory 2,24,000
Capital goods used exclusively for non business purposes 54,000
Goods used in construction of office building 45,600
Capital goods exclusively for making outward supplies to SEZ unit 28,800
A) 2,60,000
B) 2,88,800
C) 3,59,600
D) 3,88,400

CA Jasmeet Singh 31
31. Determine the amount of input tax credit available to Posco Ltd. in respect of the
Item Input tax
paid (Rs.)
Input used for the manufacture of the final product 72,000
Food and beverages procured from sweet caterers for being used 48,000
in dealer’s meet
Goods used for providing services during warranty period 12,000
Goods used for setting up Telecommunication Towers being 90,000
immovable property
Inputs stolen from the factory store 13,200
a) 2,35,200
b) 2,22,000
c) 1,32,000
d) 84,000

CA Jasmeet Singh 32
32. On 10/12/2020, X Ltd. Transfers Capital Asset for Rs. 2,50,000 (Purchased On 21/7/2019
for Rs. 8,00,000 and GST Paid @ 18%). You are required to Calculate the tax liability of X
ltd on account of such transfer.
A) Rs. 1,00,800
B) Rs. 45,000
C) Rs. 1,03,200
D) None of the Above.

CA Jasmeet Singh 33
33. Advice regarding availability of input tax credit (ITC) under the CGST Act, 2017 in the
following independent cases:-
i. AMT Co. Ltd. purchased a mini bus having seating capacity of 16 persons for
transportation of its employees from their residence to office and back.
ii. Bangur Ceramics Ltd., a manufacturing company purchased two trucks for
transportation of its finished goods from the factory to dealers located in various
locations within the country.
iii. “Hans premium” dealing in luxury cars in Chankyapuri, Delhi purchased five Skoda
VRS cars for sale to customers.
iv. Sun & Moon Packers Pvt. Ltd. availed outdoor catering service to run a canteen in its
factory. The Factories Act, 1948 requires the company to set up a canteen in its
factory.
(a) Yes;No;Yes;No
(b) Yes;Yes;Yes;No
(c) No;No;No;Yes
(d) No;Yes;No;Yes

CA Jasmeet Singh 34
34. Mr. Raghu avails services of Mr. Raja, a Chartered Accountant, as under-
(i) Audit of financial accounts ` 55,000
(ii) Tax audit and annual filing ` 10,000
(iii) Income-tax return filing of Mr. Raghu ’s wife ` 5,000
All the above amounts are exclusive of taxes and the applicable rate of GST on these
services is 18%. The accountant of Mr. Raghu has booked the entire expenses of `70,000
plus GST in the books of account. Mr. Raghu is eligible to take input tax credit of –
a. ` 13,500
b. ` 11,700
c. ` 9,900
d. ` 1,800

CA Jasmeet Singh 35
35. Examine whether the activity of import of service in the following independent cases
would amount to supply under section 7 of the CGST Act, 2017?
(i) Miss Shriniti Kaushik received vaastu consultancy services for her residence
located at Bandra, Mumbai from Mr. Racheal of Sydney (Australia). The amount paid
for the said service is 5,000 Australian dollar.
(ii) Miss Shriniti Kaushik received vaastu consultancy services for her residence
located at Bandra, Mumbai from her brother, Mr. Varun residing in Sydney
(Australia). Further, Miss Shriniti did not pay any consideration for the said service.
(iii) Miss Shriniti Kaushik received vaastu consultancy services for her business
premises located at Bandra, Mumbai from her brother, Mr. Varun residing in Sydney
(Australia). Further, Miss Shriniti did not pay any consideration for the said service.
a) Only (i)
b) (i) & (ii)
c) (i) & (iii)
d) All of above

CA Jasmeet Singh 36
36. State which of the following activities will be considered as a ‘Consideration’ in

accordance with GST Act.
i. Reliance Jio offers free mobile handset on payment of security deposit of Rs. 5,000.
It is refundable after 3 years.
ii. ABC football club gift worth Rs. 3 Lakhs to Mr. A for joining ABC football club.
iii. ABC ltd. is manufacturing fertilizers used for agriculture purpose. State Government
has given 30% subsidy on sale of such fertilizer.
iv. ABC ltd. a trading concern, has supplied the product to Mr. A at subsidize rate of Rs.
1,00,000 (open market value Rs. 1,25,000). Subsidy is given by XYZ organization.
a) All
b) (ii);(iv)
c) (ii);(iii) & (iv)
d) (i)&(iv)

CA Jasmeet Singh 37
37. Which is Not to be considered as supply:

i. ABC Ltd. a banking company transfers bad loan (unsecured) to ARC Ltd. Can it be
considered as supply?
ii. A Charitable trust, engaged in providing medical relief free of cost, donates books
and stationary to children living in slum area? Can it be considered as supply?
iii. Free seminar to educate people for mutual fund.
a) (i), (ii) & (iii)

b) (ii) & (iii)
c) (i) & (iii)
d) (i) & (ii)

CA Jasmeet Singh 38
38. A customer ‘A’ who had booked the flat and paid Rs.15 lakhs, subsequently cancelled
his booking. The builder forfeited Rs.0.50 lakh as cancellation charges. Another customer
who had booked a flat sold the flat to a third person and requested builder to transfer the
flat in name of the new buyer. The builder charged Rs.50,000 as transfer charges. Is tax
payable on these amounts?
a) Yes on Rs. 1,00,000, as it amounts to supply of service

b) No, as it is neither supply of service nor goods
c) GST shall be levied only on Transfer charges, as it amounts to supply of service
d) GST shall be levied only on amount forefeited.

CA Jasmeet Singh 39
39. R Ltd. in Jodhpur engages A Ltd. in Jaipur as an agent to sell laptops on its behalf. For
the purpose, R Ltd. has transferred 10,000 electrical items to the showroom of A Ltd. A
Ltd. Issues the invoice under the name of R Ltd. Does Supply by R Ltd. To A ltd.
Constitutes supply under GST
a) Yes, As per Schedule 1

b) No
c) Yes, as per section 7(1)(a)
d) None of Above

CA Jasmeet Singh 40
40. GST is payable in the case of

(i) Services provided to recognized sports body as curator of national team.
(ii) Services provided by way of transportation of passenger in Metered Cab.
(iii) Services by way of public conveniences such as provision of facilities of washrooms.
(iv) Services provided by a player to a franchisee which is not a recognized sports body.
a) All of above
b) Only (i)
c) (i) & (ii)
d) (i) & (iv)

CA Jasmeet Singh 41
41. Whether GST is exempted on the following independent supplies of services:

(i) Service provided by a private transport operator to Scholar Boys Higher Secondary
School in relation to transportation of students to and from the school.
(ii) Services provided by way of vehicle parking to general public in a shopping mall.
a) Exempt; Exempt
b) Exempt; Taxable
c) Taxable; Taxable
d) Taxable; Exempt

CA Jasmeet Singh 42
42. Indiana Engineering College, a recognised educational institution, has conducted an

entrance test examination for various courses run by it and charged entrance fees from
the applicants. GST Is payable on this service
a) Yes; Taxable
b) No; Exempt

CA Jasmeet Singh 43
43. Speed post services by Department of Post to Union Territory of Lakshadweep is

Exempt from GST
a) Yes; Taxable
b) No; Exempt

CA Jasmeet Singh 44
44. Holiday Guest House, situated at Shimla, provides boarding & lodging services to
tourists at economical cost. The charges of a single deluxe room per day are Rs. 1000.
Mr. X has booked one deluxe room for two days during Christmas holidays. You are
required to determine whether GST is payable by Holiday Guest House on the above
booking.
a) Yes
b) No; Exempt

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CA Jasmeet Singh 1

GST MCQ MARATHON

(a) 1 year, annual

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2. A machine has to be supplied at site. It is done by sourcing various components from

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5. S sold goods to M on approval basis.

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(a) 31-Dec-2020 – Last date for filing annual return

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a) 1st July ; 1st August; 1st September & 1st October.

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15. Consolidated Details in GSTR-1 is given in following Cases

I. Supply to Registered Person Within State

a) I, II, III, IV, V & VI

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a) No, only composition dealer files quarterly return

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(a) 30th August

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A.20,85,000/-; Liable for registration.

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a) Not Liable to register as Taxable turnover is within Threshold.

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A.No, Aggregate Turnover is within Threshold

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Inter-State exempt outward supply ` 5,00,000/-

Turnover of exported goods ` 10,00,000/-

Payment made for availing GTA services ` 80,000/-

Calculate the aggregate turnover of Rama Ltd.

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25. Which of the following is True in case of electronic cash ledger?

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Youtube: @cajasmeetsingh Instagram: @taxbyjasmeet Telegram: @cajasmeetsingh

Youtube: @cajasmeetsingh Instagram: @taxbyjasmeet Telegram: @cajasmeetsingh

Youtube: @cajasmeetsingh Instagram: @taxbyjasmeet Telegram: @cajasmeetsingh

Youtube: @cajasmeetsingh Instagram: @taxbyjasmeet Telegram: @cajasmeetsingh

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36. State which of the following activities will be considered as a ‘Consideration’ in

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37. Which is Not to be considered as supply:

a) (i), (ii) & (iii)

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a) Yes on Rs. 1,00,000, as it amounts to supply of service

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a) Yes, As per Schedule 1

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