Question 84

For the purpose of eligibility for composition scheme , the following particulars are given: (i) Intra-State supply of NIL rated goods = Rs.46 ,00 ,000 (ii) Intra-State supplies made under forward charge = Rs.95 ,00 ,000 (iii) Intra-State supplies of exempted goods = Rs.9 ,00 ,000 (iv) Inward suppli...
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Question 15

As per Schedule I , any kind of disposal or transfer of business assets made by an entity on permanent basis qualifies as supply , even though it is without consideration. This provision would apply only if _________...
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Question 91

The supply of lottery is covered under reverse charge mechanism vide section 9(3) , if the supplier of goods is _________ & recipient is _________ I. State Government; Union Territory or any Local Authority II. Lottery Distributor or selling agent III. Registered person IV. Manufacturer...
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