Top 50+ Solved Scope of Supply MCQ Questions Answer
Q. What would be the tax rate applicable in case of mixed supply?
a. Tax rate as applicable on supply attracting the lowest rate of tax
b. Tax rate as applicable on supply attracting the highest rate of tax
c. Tax @ 28%
d. None of the above
Q. Which of the following supplies are naturally bundled?
a. Rent deed executed for renting of two different floors of a building-one for residential and another for commercial purpose to same person
b. Pack of watch, tie and belt
c. Package of canned food such as burger, chocolates, sweets, cake et
d. None of the above
Q. A supply comprising of two or more supplies shall be treated as the supply of thatparticular supply that attracts highest rate of tax.
a. Composite
b. Mixed
c. Both (a) and (b)
d. None of the above
Q. means a supply made by a taxable person to a recipient consisting of two or more taxable supplies of goods or services or both, or any combination thereof, which are naturally bundled and supplied in conjunction with each other in the ordinary course of business, one of which is a principal supply.
a. Composite Supply
b. Principal Supply
c. Mixed Supply
d. Inward Supply
Q. means two or more individual supplies of goods or services, or any combination thereof, made in conjunction with each other by a taxable person for a single price where such supply does not constitute a composite supply.
a. Mixed Supply
b. Principal Supply
c. Inward Supply
d. Exempt Supply