SUPPLY (SEC 7) & (SEC 8)

Question 1

Which includes in supply u/s 7(1)(a)

Answer 1

STD BELL R

Question 2

Ram, a proprietor received architectural services which are not in the course of business. What type of supply it is?

Answer 2

import of services with consideration u/s 7(1)(b)

Question 3

Items included in SEC 7(1)(c) [Schedule 1]

Answer 3

RBI PA

Question 4

A cloth saler donates clothes from the business. Is it a supply?

Answer 4

yes if he had claimed ITC on his purchase u/s Schedule 1

Question 5

Mohan has a registered office in Delhi. he also obtained registration in west bengal for his branch office. he shall be treated as?

Answer 5

He is a distinct person u/s 25 any services from Mohan shall be treated as SUPPLY u/s 7(1)(c)

Question 6

employer transferring goods to the employee in the course of business or not. is it a supply?

Answer 6

not a supply u/s Schedule 3( negative list)

Question 7

is ITC allowed in Zero-rated Supply?

Answer 7

Yes ITC is allowed but GST @ 0%

Question 8

is ITC allowed in exempt supply?

Answer 8

no ITC benefit

Question 9

Supply of goods between principal and agent without consideration is a supply. True or False?

Answer 9

True the agent undertake to receive goods on behalf of the principal

Question 10

The principal sent invoiced goods to an agent the agent further sold the goods in his name to the customer. state the flow of supply.

Answer 10

supply of good s 1> principal to Agent
2> Agent to customer

If invoice was in the name of the principal then the supply of goods

principal > customer

Question 11

Any transfer of the title of goods is a supply of goods or services?

Answer 11

supply of goods u/s 7(1A)

Question 12

Any transfer of right in goods or undivided share in goods

Answer 12

supply of services u/s 7(1A)

Question 13

Any deferred transfer i.e. hire purchase

Answer 13

supply of goods u/s 7(1A)

Question 14

Any lease, tenancy, license to occupy, or letting out for commercial or residential purposes of Land & Building?

Answer 14

Supply of services u/s 7(1A)

Question 15

Any treatment or process of goods i.e. laundry, car wash

Answer 15

Supply of services u/s 7(1A)

Question 16

Any transfer or disposal of business assets with or without consideration. Is it a supply?

Answer 16

Supply of goods u/s 7(1A)

Question 17

Any private use of a business assets, eg director using the company’s car

Answer 17

Supply of services u/s 7(1A)

Question 18

A person who ceases to be a taxable person sells any stocks or asset

Answer 18

Suplly of goods u/s 7(1A)

Question 19

Any renting of immovable property

Answer 19

Supply of services u/s 7(1A)

Question 20

Construction of civil structure of a building BEFORE completion certificate given by the municipality

Answer 20

Supply of services u/s 7(1A)

Question 21

Construction of civil structure of a building AFTER completion certificate given by the municipality

Answer 21

Negative List of supply u/s 7(2)

Question 22

temporary transfer of intellectual property rights (IRR) i.e. goodwill

Answer 22

Supply of services u/s 7(1A)

Question 23

Agreeing to the obligation to refrain from an act or tolerate i.e. penalty for early termination of agreement

Answer 23

supply of services u/s 7(1A)

Question 24

Developing design, programming, or implementation of software

Answer 24

supply of services u/s 7(1A)

Question 25

Services provided by court or tribunal

Answer 25

negative list u/s 7(2)

Question 26

services provided by MLA MP PM CM UPSC SSC IRDA PRESIDENT etc

Answer 26

negative list u/s 7(2)

Question 27

Services of funeral, mortuary, etc

Answer 27

negative list u/s 7(2 )

Question 28

sale of land and building

Answer 28

negative list u/s 7(2)

Question 29

actionable claims other than betting or lottery

Answer 29

negativelist u/s 7(2)

Question 30

A person registered in India procuring goods from China and sending the goods directly from China to the UK. Is he taxable under GST?

Answer 30

Negative list u/s 7(2) as a transfer from a non-taxable area to another non-taxable area

Question 31

Transfer of goods within warehouses of the customs ports

Answer 31

negative list u/s 7(2)

Question 32

Grant of alcoholic liquor license given by the government to any person

Answer 32

neither a supply of goods nor services u/s 7(3)

Question 33

Goods sent to exhibitions outside India

Answer 33

neither a supply of goods nor services u/s 7(3)

Question 34

donations which are given out in nature of gift not for commercial purposes

Answer 34

neither a supply of goods nor services u/s 7(3)

Question 35

free samples and gifts are given out for which ITC is not claimed

Answer 35

not a supply u/s 7(3)

Question 36

buy one get one offer for which ITC has not been claimed

Answer 36

not asupply u/s 7(3)

Question 37

Two or more taxable supplies in conjunction and in continuation which are naturally bundled are known as _

Answer 37

composite supply

Question 38

two or more taxable supply which is not naturally bundled and is available separately in the market is known as _

Answer 38

mixed supply

Question 39

in case of mixed supply which GST rate is taken into consideration

Answer 39

the highest GST rate

Question 40

Cadbury celebration is an example of composite or mixed supply

Answer 40

Mixed supply

Question 41

booking of air tickets involves the cost of food which is an example of _ supply

Answer 41

Composite supply

Question 42

import of services without consideration for personal use. Is it a supply?

Answer 42

not a supply as consideration is missing

Question 43

Goods forming part of business assets are transferred by the business so as no longer to form part of those assets, without any consideration.

Answer 43

supply of goods u/s SCHEDULE 2

Question 44

A LTD. has a factory in Delhi and a depot in Mumbai. both these establishments are registered in their respective states. finished goods are sent from Delhi to Mumbai without consideration. is it a supply?

Answer 44

Yes as two establishments are treated as distinct persons and the gods are sent for the furtherance of business thus supply

Question 45

Mr. V transfers 1000 debentures of A LTD to Mr. D for consideration of 45000. is GST applicable

Answer 45

Debentures are securities, thus neither a supply of goods or services. Therefore GST is not applicable.

Question 46

A Cloth dealer gives clothes from his business stock to his friend without any consideration. is it a supply?

Answer 46

if the dealer had claimed ITC then such transfer is a supply and GST is applicable.

Question 47

Mr. V is a flower dealer. he sells roses for decoration purposes for 100000 to an interior decorator. State its applicability in GST.

Answer 47

Flowers are goods but a supply of natural items is nil rated. Thus GST liability is nil.