Top 50+ Solved Scope of Supply MCQ Questions Answer
Q. The duties performed by any person who holds any post in pursuance of the provisions of theConstitution in that capacity 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. The duties performed by any person as a Chairperson or a Member or a Director in a body established by the Central Government or a State Government or local authority and who is not deemed as an employee before the commencement of this clause 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. Services of funeral, burial, crematorium or mortuary including transportation of the deceasedshall 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. Actionable claims, other than lottery, betting and gambling 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. Gifts not exceeding in value in a financial year by an employer to an employee shall not be treated as supply of goods or services or both.
a. 50,000
b. 1,00,000
c. 2,00,000
d. 2,50,000
Q. The shall be treated as supply even if made without consideration
a. Permanent transfer or disposal of business assets where input tax credit has been availed on such assets.
b. Permanent transfer or disposal of business assets where input tax credit has NOT been availed on such assets.
c. Both of the above
d. None of the above
Q. The shall be treated as supply even if made without consideration
a. Supply of goods by a principal to his agent where the agent undertakes to supply such goods on behalf of the principal;
b. Supply of goods by an agent to his principal where the agent undertakes to receive such goods on behalf of the principal.
c. Both of the above
d. None of the above
Q. The shall be treated as supply even if made without consideration.
a. Supply of goods by a principal to his agent where the agent undertakes to supply such goods on behalf of the principal;
b. Supply of goods by an agent to his principal where the agent undertakes to receive such goods on behalf of the principal.
c. Permanent transfer or disposal of business assets where input tax credit has been availed on such assets
d. All of the above
Q. Import of services by a taxable person from a related person or from any of his other establishmentsoutside India, in the course or furtherance of business shall .
a. Supply of services
b. Not to be treated as supply of service
c. Be treated as supply even when made without consideration
d. None of the above
Q. Which of the following is - the supply in which possession of the goods are transferred but the title on the same will be transferred at the future date?
a. Rent a car
b. Hire Purchase
c. Normal sale of goods
d. None of the above
Q. Which of the following is - the supply in which possession of the goods are transferred but the title of the goods is not transferred at all and thereby attains the character of the supply of service ?
a. Rent a car
b. Hire Purchase
c. Normal sale of goods
d. None of the above
Q. Suppose XYZ Ltd has a license to operate a particular business venture but he refrains from operating such business venture after an agreement with other business houses in the same line of business against receiving certain amount. Is this a supply of service?
a. Ye
b. No
c. Exempted
d. None of the above
Q. Which of the following is the supply even if made without consideration?
a. Stock transfer out to another state
b. Temporary application of business asset for a non-business needs
c. Free transfer of business asset
d. All of the above
Q. What are the factors differentiating composite supply & mixed supply?
a. Nature of bundling i.e. artificial or natural
b. Existence of principal supply
c. Both of the above
d. None of the above
Q. What would be the tax rate applicable in case of composite supply?
a. Tax rate as applicable on principal supply
b. Tax rate as applicable on ancillary supply
c. Tax rate as applicable on respective supply
d. None of the above