Top 350+ Solved Indirect Taxes- GST MCQ Questions Answer
Q. of supply is the amount upon which tax is levied and collected.
a. Value
b. Cost
c. Turnover
d. Gross value
Q. Input tax does not include .
a. IGST on import of good
b. SGST and UTGST
c. Tax paid under composition levy
d. Tax payable section 9(3) and 9(4)
Q. Transfer of right in goods or of undivided share in goods without the transfer of title thereof shallbe considered as .
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services
Q. Transfer of title in goods under an agreement which stipulates that property in goods shall passat a future date upon payment of full consideration as agreed shall be considered as .
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services
Q. Lease, tenancy, easement, licence to occupy land shall be considered as .
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services
Q. Lease or letting out of the building including a commercial, industrial or residential complex forbusiness or commerce, either wholly or partly shall be treated as .
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services
Q. Any treatment or process which is applied to another person’s goods shall be treated as .
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services
Q. Where goods forming part of the assets of a business are transferred or disposed of by or under the directions of the person carrying on the business so as no longer to form part of those assets, whether or not for a consideration, such transfer or disposal is a by the person.
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services
Q. Where, by or under the direction of a person carrying on a business, goods held or used for the purposes of the business are put to any private use or are used, or made available to any person for use, for any purpose other than a purpose of the business, whether or not for a consideration, the usage or making available of such goods is a .
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services
Q. Renting of immovable property is .
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services
Q. Construction of a complex, building, civil structure or a part thereof, including a complex or building intended for sale to a buyer, wholly or partly, except where the entire consideration has been received after issuance of completion certificate, where required, by the competent authority or after its first occupation, whichever is earlier, shall be treated as .
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services
Q. Temporary transfer or permitting the use or enjoyment of any intellectual property right shall betreated as .
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services
Q. Development, design, programming, customisation, adaptation, upgradation, enhancement,implementation of information technology software shall be treated as .
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services
Q. Agreeing to the obligation to refrain from an act, or to tolerate an act or a situation, or to do an actis .
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services
Q. Transfer of the right to use any goods for any purpose (whether or not for a specified period) forcash, deferred payment or other valuable consideration shall be treated as .
a. Supply of goods
b. Supply of services
c. Neither as a supply of goods nor a supply of services
d. Either as a supply of goods or a supply of services